TSB enfield branch

Brecon Carreg, Majestic Wine and TSB (pictured) have committed to paying staff the Living Wage Foundation's voluntary living wage rate.

Employees who work for these organisations receive at least the voluntary living wage rate of £8.25 an hour, and £9.40 in London.

Majestic Wine has been accredited as a living wage employer by the Living Wage Foundation, and Wales-based bottled water supplier Brecon Carreg has committed to paying a minimum of £8.25 an hour to all staff.

TSB is due to become an accredited living wage employer on 1 August 2016. The organisation has been working to not only ensure employees are paid above the living wage but also that suppliers and contractors associated with the organisation are also paid the living wage or above.

The living wage is an independently calculated hourly rate that is based on the basic cost of living in the UK. Employers opt to pay the living wage on a voluntary basis. It is distinct from the government's national living wage, which requires employers to pay staff over the age of 25 a minimum of £7.20 an hour.

Rachel Lock, HR director at TSB, said: “At TSB we’ve built a partnership culture and it’s vital to us that everyone working for us feels valued and supported. We’ve always been committed to paying our staff above the living wage level and I’m delighted that we have now been able to extend this commitment to everyone working on our behalf through our third party contractors.”

Louise Ellis, people director at Majestic Wine, said: “At Majestic we value our fantastic employees who inspire and delight our customers every day with a great range of wines and services. I’m very proud that Majestic is now an accredited employer of the Living Wage Foundation and I hope other retailers follow.”

Jenna Bissell, marketing manager at Brecon Carreg, added: “We take the responsibility of being an ethical employer very seriously. Not only do we want our staff to be paid fairly but we have also obtained the Ethical Company Accreditation and the CO2-Neutral label for our production site.”