Environmental consultancy Tyler Grange has received living wage employer accreditation from the Living Wage Foundation.
More than 80 staff employed by the London-based consultancy, which operates a four-day working week, will now be paid a minimum of £13.15 per hour, which is the rate for the capital. This will see employees earn more than £5,000 extra per year than those in receipt of the £11.44 per hour national living wage, which is for workers aged 21 and over.
The real living wage rate is based on the cost of living and is introduced voluntarily by employers. The Living Wage Foundation independently calculates a minimum rate of pay in line with the cost of living each year in order to set a fair benchmark for employers that is set at a higher rate than the national minimum and living wages.
Tyler Grange introduced the real living wage because it believes its employees deserve a fair and real living wage that meets their everyday needs. It has also significantly increased salaries during recent years, to support employees during challenging times.
Jon Berry, managing director at Tyler Grange, said: “It’s our responsibility to support all aspects of our employees’ wellbeing. Financial is one of them, so that they feel confident talking about money and asking for help when it’s needed. It’s especially important as cost-of-living pressures continue to be felt and with the accumulated debts that many people bring to their first jobs. We’re tackling the issue head-on.
“We’ve long supported our employees’ financial wellbeing and we’re happy that this has been formally recognised by us receiving living wage employer accreditation. It’s absolutely the right thing to do for our brilliant and talented employees who are our greatest asset as a business. Aligned with our values, we’re also fully transparent about pay and associated benefits.”