ACT Construction ( U K ) Ltd. is accredited as being a Living Wage employer. We believe that well-rewarded staff create a better and more productive work-force.
The real Living Wage is independently calculated each year based on what employees and their families need to live on. It operates on a voluntary basis and applies to all workers over the age of 18.
The current UK Living Wage is £8.45 an hour and in London it is £9.75 an hour.
The real Living Wage differs from the standard “minimum wage” as outlined by the Government. The real Living Wage rates are higher because they are based on the actual cost of living rather than the government minimum.
Benefits of the Living Wage
It’s good for Business
By paying the real Living Wage employers are voluntarily taking a stand to ensure their employees can earn a wage that is enough to live on.
Many employers report wider business benefits as a result of investments in staff pay, including less staff absenteeism, enhanced quality of work and significant improvements in recruitment and retention within organisations.
It’s good for individuals
For staff who are paid the real Living Wage it means the difference between just getting the government minimum and earning enough to afford the things you need to live, such as a decent meal, a warm home and a birthday treat for your children or partner.
Full-time employees earning the real Living Wage earn £45 a week more than those on the government minimum, and £95 a week in London.
Many employees also say they have a better sense of job satisfaction and a greater willingness to adapt to changes within a business.
ACT Construction ( U K ) Ltd. Managing Director Ken Godsman said: “We care about our staff and we are very happy to be part of the Living Wage scheme. Morally and socially I believe it is the right thing to do. We are convinced that investing in our people produces better results for our company.”