Softcat has today accredited as a Living Wage Employer. Our Living Wage commitment will see everyone working at Softcat receive a minimum hourly wage of £8.75 in the UK or £10.20 in London. Both rates are significantly higher than the government minimum for over 25s, which currently stands at £7.83 per hour.
The real Living Wage is the only rate calculated according to the costs of living. It provides a voluntary benchmark for employers that wish to ensure their staff earn a wage they can live on, not just the government minimum. Since 2011 the Living Wage movement has delivered a pay rise to over 150,000 people and put over £600m extra into the pockets of low paid workers.
Rebecca Monk, Softcat HR Director: “As a large employer with a reputation for excellent staff satisfaction, it was important to us that we formally demonstrate our ongoing commitment to pay a real living wage to all our staff.”
Tess Lanning, Director, Living Wage Foundation said: “We’re delighted that Softcat has joined the movement of over 4,000 responsible employers across the UK who voluntarily commit to go further than the government minimum to make sure all their staff earn enough to live on.
They join thousands of small businesses, as well as household names such as IKEA, Heathrow Airport, Barclays, Chelsea and Everton Football Clubs and many more. These businesses recognise that paying the real Living Wage is the mark of a responsible employer and they, like Softcat, believe that a hard day’s work deserves a fair day’s pay."
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About the Living Wage
The real Living Wage is the only rate calculated according to what people need to make ends meet. It provides a voluntary benchmark for employers that choose to take a stand by ensuring their staff earn a wage that meets the costs and pressures they face in their everyday lives.
The UK Living Wage is currently £8.75 per hour. There is a separate London Living Wage rate of £10.20 per hour to reflect the higher costs of transport, childcare and housing in the capital. These figures are calculated annually by the Resolution Foundation and overseen by the Living Wage Commission, based on the best available evidence on living standards in London and the UK.
The Living Wage Foundation is the organisation at the heart of the movement of businesses, organisations and individuals who campaign for the simple idea that a hard day’s work deserves a fair day’s pay. The Living Wage Foundation receives guidance and advice from the Living Wage Advisory Council. The Foundation is supported by our principal partners: Aviva; IKEA; Joseph Rowntree Foundation; KPMG; Linklaters; Nationwide; Nestle; Resolution Foundation; Oxfam; Trust for London; People’s Health Trust; and Queen Mary University of London.