Our campaign to tackle poverty wages on Britain’s high street continues this week as we attend the AGMs of three major retailers: Marks and Spencer, Sainsbury's and JD Sports Fashion. 🛍🛒 Facing the board of directors, we will question their refusal to commit to paying all their staff a real Living Wage of £12 an hour. This wage is calculated by the Living Wage Foundation and is based on the *actual* Cost of Living. The AGMs will be taking place in the shadow of the general election where the cost-of-living crisis and the UK economy have been front and centre of campaigning. Our CEO Catherine Howarth OBE, who will be asking a question at the M&S AGM, said "Businesses paying the real Living Wage is vital to protect living standards for low-paid workers and serves the long-term interests of businesses, investors, and society. This is why we are calling on investors to use their influence as shareholders to steward companies in the right direction and ensure all workers receive the real Living Wage.” Stay tuned to see how we get on 💪
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April's chill brings a frosty financial outlook for Britain's pubs and bars. The onset of the new fiscal month has ushered in significant wage and business rate rises that promise to intensify the pressure on an already beleaguered hospitality sector. Alarm bells ring out from UKHospitality at the surge in the National Minimum Wage and National Living Wage, culminating in an extra £3.2bn wage bill industry-wide. Meanwhile, business rates pile on an additional £224m challenge. The stark figures are more than digits; they represent a potential tipping point for the venues at the heart of our communities. While the industry's contribution is towering—with £140bn in revenue and three and a half million jobs—the looming £3.4bn burden threatens to overshadow this. Kate Nicholls, the vocal chief executive of UKHospitality, metaphorically places a billion cups of coffee on the counter, equating these to the monetary shackles constraining the sector's growth potential and communal contribution. Critique is pointed towards the governmental budgets in Westminster, Edinburgh, and Cardiff, or more precisely, their shortcomings. The call to action is for a recalibration of costs, advocating for a leaner, more sustainable cost structure that encourages rather than cripples. To safeguard the very establishments that serve Britain's societal fabric, UKHospitality puts forth a triage of fiscal levers: - A reimagined business rates system with a reduced multiplier. - A temporary easing of employer NICs amidst wage hikes. - A VAT reduction mirroring the pandemic's successful measures. As the industry faces this financial headwind, these levers are not merely adjustments but lifelines for businesses that aim to keep both their doors open and their workers duly rewarded. With community at their core, Britain's hospitality sector stands at a crossroads, seeking the support that could enable them to continue serving the nation's soul. #UKHospitality #BusinessRates #WageIncrease
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Important insights into the cost of living crisis in the UK through the instrumental work Living Wage Foundation is doing.
What does life on low pay look like? Our new research shows that despite inflation easing, the cost of living crisis is far from over for Britain’s 3.5m low-paid workers. Millions are regularly skipping meals, visiting food banks and struggling to keep their heads above water. That’s why it’s so important that people receive a wage that meets their everyday needs. Next month, we will be announcing the new real Living Wage rates. The real Living Wage is the only wage rate based on the cost of living, and next month’s rise will see 430,000 people (about the population of Bristol) receive a pay rise. Read the full report (link in comments) #LivingWage #costoflivingcrisis #inflation
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What does life on low pay look like? Our new research shows that despite inflation easing, the cost of living crisis is far from over for Britain’s 3.5m low-paid workers. Millions are regularly skipping meals, visiting food banks and struggling to keep their heads above water. That’s why it’s so important that people receive a wage that meets their everyday needs. Next month, we will be announcing the new real Living Wage rates. The real Living Wage is the only wage rate based on the cost of living, and next month’s rise will see 430,000 people (about the population of Bristol) receive a pay rise. Read the full report (link in comments) #LivingWage #costoflivingcrisis #inflation
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With rising costs, we are raising awareness of the importance of paying staff a real Living Wage during Living Wage Scotland's #LivingWageWeek. Find out more about the real Living Wage and how to join the movement https://lnkd.in/gnKsxmp
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As businesses we have a duty to support and pay our staff well, but it’s not just a moral duty! As directors we have a legal duty to act in the best interests of the businesses we run. At Anchor Removals we have seen genuine tangible benefits for our business including reduced absenteeism and increased productivity as a direct result of paying the real living wage and better working conditions. #livingwage #productivity #profitability #efficiency
What does life on low pay look like? Our new research shows that despite inflation easing, the cost of living crisis is far from over for Britain’s 3.5m low-paid workers. Millions are regularly skipping meals, visiting food banks and struggling to keep their heads above water. That’s why it’s so important that people receive a wage that meets their everyday needs. Next month, we will be announcing the new real Living Wage rates. The real Living Wage is the only wage rate based on the cost of living, and next month’s rise will see 430,000 people (about the population of Bristol) receive a pay rise. Read the full report (link in comments) #LivingWage #costoflivingcrisis #inflation
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What is the difference between Living Wage Foundation's real #LivingWage and other UK wage rates? 🔎 Only the real Living Wage is: - Based on the cost of living - Applies to all over 18's - Has a London rate The difference earning a real Living Wage makes compared to the government’s ‘National Living Wage’ amounts to £3,081 a year across the UK. This is a significant difference for households trying to keep up with rising living costs.
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Founder and Chief Creative Officer: exploring how Generative AI can 10x human artists instead of replacing them.
If you see posts about Bob Cratchit's wages, couple of points: 1: Converting 1840s wages in England to 2023 wages in the USA is notoriously difficult to get right and the figures are a massive subject of debate. 2: Bob Cratchit was a white-collar worker and his wages were above the poverty level for the time, so if you buy that his wages were higher than our current minimum wage, so are the wages of many white-collar workers. 3: The point to home in on is that, after 180+ years, most workers in the USA are still dependent on our employers to provide healthcare for ourselves and our families without bankrupting the family in the process. Meanwhile Tiny Tim would be able to see a doctor at the UK's NHS whether or not Scrooge paid for it.
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Did you know 3.5m jobs in the UK pay less than the Real Living Wage? People who are earning less than the Real Living Wage struggle to afford the basics and this #GoodBusinessWeek we want to raise awareness of this and reduce wage inequality. Find out more and join us in championing responsible business behaviour 👉 t.ly/KN0_U #GoodBusinessMatters Living Wage Foundation
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🚀 Serial Solution Seller | 🌍 Global Sales Director | ☁️ SaaS Specialist | 🛎️ Customer Experience Aficionado | ✨ Hospitality Sales Leader | 🎓 (BSc (Hons) Bioveterinary Science | ARTist on the side 🎨
Understandably the rise of the "living wage" will have an impact on employers. But do me a favour and look at the inflation on your average pint over the last 18 months alone... February 2022 = 398 pence November 2023 = 467 pence You'll raise your prices of pints but not the price of the people who will serve multiple pints an hour and ensure your customers feel well looked after enough to return? Where is the balance? c'monnnnn. 🥴📈🍻 #livingwage #hospitality #retention
‘This is a killer’: industry reacts to...
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