PRESS RELEASE: MedAid Services Celebrates Living Wage Commitment
The Living Wage commitment will see everyone working at MedAid Services, regardless of whether they are permanent employees or third-party contractors; receive a minimum hourly wage of £8.25 – significantly higher than the national minimum wage of £6.70 and the new minimum wage premium for over 25s of £7.20 per hour introduced this April.
The Living Wage is an hourly rate set independently and updated annually. The Living Wage is calculated according to the basic cost of living using the ‘Minimum Income Standard’ for the UK. Decisions about what to include in this standard are set by the public; it is a social consensus about what people need to make ends meet.
Aden Walker, Operations Director of MedAid Services said:
Our Living Wage accreditation demonstrates our commitment to our staff. We want to be the best employer we possibly can and the Living Wage will help us achieve this.
Employers choose to pay the Living Wage on a voluntary basis. The Living Wage enjoys cross party support, with public backing from the Prime Minister and the Leader of the Opposition.
Living Wage Foundation Director, Katherine Chapman said:
We are delighted to welcome MedAid Services to the Living Wage movement as an accredited employer.
The best employers are voluntarily signing up to pay the Living Wage now. The Living Wage is a robust calculation that reflects the real cost of living, rewarding a hard day’s work with a fair day’s pay.
We have accredited over 2,600 leading employers, including MedAid Services, ranging from independent printers, bookshops and breweries, to well-known companies such as Nationwide, Aviva and SSE. These businesses recognise that clinging to the national minimum wage is not good for business. Customers expect better than that.
For further information and to view the full press release, click here.