Today, ACS Stainless Steel Fixings can announce that is an accredited Living Wage employer.
The commitment will see everyone working for ACS receive a minimum hourly wage of £9.50. A significantly higher rate than the government minimum for over 25s, which currently stands at £8.72 per hour.
Unlike the national Minimum Wage, the Living Wage is calculated according to the cost of living, food, and necessary services. It is also independently verified to ensure it meets the needs of employees and their families.
Tony Higson, ACS’ Commercial Director, said: “As a family business, we at ACS strongly believe that any person that makes a conscious decision to work to support themselves, their family and the wider community, should be paid fairly and sufficiently.”
“By committing to the Living Wage Foundation, we are ensuring that everybody under the ACS banner is paid enough to have the quality of life and the ability to afford the luxuries that working people deserve.”
Last month, it was announced that the Living Wage rate was rising to £9.50 p/h (£10.85 p/h for those in London), granting over 250,000 workers a pay rise. And on top of that, it will help provide additional financial relief for employees during the ongoing COVID-19 pandemic.
Katherine Chapman, Director, Living Wage Foundation added: “We’re delighted that ACS has joined the movement of over 6000 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 Burberry, Barclays, Chelsea and Everton Football Clubs, Lush, and many more. These businesses recognise that paying the real Living Wage is the mark of a responsible employer and they, like ACS, believe that a hard day’s work deserves a fair day’s pay.”
Article originally published on 17th December 2020