Helistrat becomes Living Wage Employer
The Living Wage is a voluntary scheme designed to ensure that work pays and affords people the opportunity to provide for themselves and their families. In contrast to the Government’s minimum wage, which is based on median earnings, the Living Wage Foundation rate is calculated according to the cost of living.
The accreditation means that all of Helistrat’s employees will earn at least £8.25 per hour. This is a significant improvement on the minimum wage, which is set at £7.20 for those over 25 and just £6.70 for those aged between 21 and 24.
Commenting on the accreditation Helistrat’s CEO, Harvey Laud, said:
“We firmly believe that we have a responsibility to ensure that all our employees have the opportunity to provide for themselves and enjoy a certain quality of life. We also realise that this quality of life directly impacts on the attitude of our team and the quality of their work. Becoming a Living Wage Employer is not only the right thing to do morally it also makes sounds business sense.”
Living Wage Foundation Director, Katherine Chapman said:
“We are delighted to welcome Helistrat 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 Helistrat, 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.”