150,000 workers to get pay rise
More than 150,000 workers who’s employers are signed up for the voluntary living wage rate are set to get a pay rise
Separate from the National Living Wage and the National Minimum Wage, the Voluntary Living Wage (VLW) is dictated by the Living Wage Foundation campaign group.
The rate is to rise by 30p an hour to £8.75. For those living in London, the rate will rise by 45p to £10.20 an hour.
About 3,600 firms are signed up to the scheme, including Ikea and Google.
Living Wage Foundation director Katherine Chapman urged more employers to sign up for the scheme, promising relief to workers who are being”squeezed” by stagnant wages and rising inflation.
A number of new companies have since announced their commitment to pay the living wage, including Heathrow Airport, the National Gallery and professional services firm JLL.
Keep up to date with the latest news by following us on social media:-
Watch the video to find out how CPA can help you
Read Our Blog – How to overcome common excuses for non-payment
Read our blog – Debt collection agency
Read our Cash Flow Advice
Read about our overdue account recovery service
Read our blog – What is credit management?
Read our blog -What is a credit management company?
Read our blog -Credit Management that works!
Read our blog – How to select a debt collection agency
click to see read about our successes
Please call us on 0330 053 9263 to discuss how CPA can help your cashflow. Alternatively, either email us or use our contact form.