Why it Matters
In April 2016 the government introduced a higher minimum wage rate for all staff over 25 years of age inspired by the Living Wage campaign - even calling it the ‘national living wage’.
The real Living Wage rates are higher because they are independently-calculated based on what people need to get by. That's why we encourage all employers that can afford to do so to ensure their employees earn a wage that meets the costs of living, not just the government minimum.
Real Living Wage Rates as of 10/11/2020 (Source: Living Wage Foundation)
According to the Living Wage Foundation, 93% of companies reported they had gained as a business after becoming a real living wage employer. In addition, they found it helped to improve their business reputation, increase motivation and retention among employees, and differentiate themselves within their industry. Employers are experiencing tangible and measurable benefits from paying the real living wage.
Supporters of the Charter are working toward paying a real living wage with the following commitment:
"We will pay or work toward paying the Real Living Wage set at the level recommended by the Living Wage Foundation, so our employees can achieve a decent standard of living and that we, as employers, can benefit from better retention and workforce engagement, with the savings that brings."
Charter members will be expected to provide evidence to:
- Demonstrate payment of the Real Living Wage to employees and details of plans to pay their contractors a living wage, as set out by the Living Wage Foundation.
Help to Achieve It
The simplest and best way for an employer to demonstrate meeting this characteristic is to become an accredited Living Wage Employer with the Living Wage Foundation.
Resources for working toward paying the Real Living Wage:
Acas is an independent, publicly-funded organisation that provides up-to-date information, independent advice, high quality training and works with employers and employees to solve problems and improve performance.
As of a partner of the GM Good Employment Charter, Acas has provided a document outlining their resources available to employers including online guidance, open access training, in-company training, and in-depth advisory work across the seven characteristics of good employment.
CIPD is the professional body for experts in people at work, championing better work and working lives by setting professional standards for HR and people development, as well as driving positive change in the world of work.
Access resources from CIPD, including research and insights, guidance and fact sheets, as well as podcasts and other useful tools to help you understand and meet the seven good employment characteristics set out in the Charter for Greater Manchester.
Living Wage Foundation Resources
The Living Wage Foundation are an organisation which campaign for employers to pay a Living Wage and offer accreditation to employers that pay the Real Living Wage.
This resource page offers guidance, resources and information regarding the Real Living Wage, and information about the businesses who are already accredited.