Know You More becomes accredited as a Living Wage employer
Know You More has become accredited as a Living Wage employer. The Living Wage commitment will see everyone working at Know You More receive a minimum hourly wage of £9.90 per hour. This new Living Wage rate was announced on Monday 15th November as part of Living Wage Week. This rate is significantly higher than the government minimum for over 23s, which currently stands at £8.91 per hour.
The real Living Wage rate this year has largely been driven by sharply rising fuel and rent costs. The real Living Wage is different to the Government minimum wage for over 23s, called the ‘National Living Wage’ (NLW). While the real Living Wage is independently calculated based on living costs and is paid by employers voluntarily, the government’s NLW is based on a percentage of median earnings, and all employers are required to pay it.
This announcement comes during Living Wage week (15-19th November), an annual celebration of the real Living Wage in the UK.
In Scotland, more than 14% of all jobs pay less than the real Living Wage - around 330,000 jobs. Since 2011 the Living Wage movement has delivered a pay rise to over 52,000 people in Scotland and put over £310 million extra into the pockets of low paid Scottish workers.
Tim Mart, CEO and Co-Founder of Know You More said:
“We believe that being a real Living Wage employer is important in helping our people thrive, creating a fairer society and making sure Know You More can attract and retain great people."
Peter Kelly, Director of The Poverty Alliance said: “We all need an income that is enough to cover our needs and protect us from poverty, and it’s only right that employers pay a wage that reflects the cost of living. Too many workers in Scotland are paid less than the real Living Wage and, at a time of rising costs, are struggling to stay afloat. The real Living Wage can offer protection from those rising costs.”
“Congratulations to Know You More on their Living Wage commitment, and I hope more organisations follow their lead by becoming Living Wage accredited.”
Lynn Anderson, Living Wage Scotland Manager said: “We’re delighted that Know You More has become an accredited Living Wage employer. During Living Wage Week, it’s important to highlight those employers such as Know You More that have done right by workers and families, providing them with much needed security and stability even when times are hard. They join a growing movement of over 2400 employers in Scotland who together want to ensure workers have what they need to thrive.”
“Our Living Wage employer network includes lots of smaller employers as well as larger and iconic brands like SSE, Barrs, & D.C. Thomson. We hope to see many more employers following their example.”