Tissue Solutions Ltd Celebrates Living Wage Commitment
- September 20, 2016
- Posted by: admin
- Category: News
Tissue Solutions Ltd are now an accredited Living Wage Employer.
The rapidly expanding company has seen a record year, with sales almost doubling after a restructuring in 2015. The move has been welcomed by the Poverty Alliance who deliver the Scottish Living Wage Accreditation Initiative in partnership with the Living Wage Foundation.
The Living Wage commitment will see everyone working at Tissue Solutions LTD, receive a minimum hourly wage of £8.25 – significantly higher than the highest band of the national minimum wage rate of £7.20 which only applies to over 25s. The company went one step further by extending the Living Wage rate to all interns on temporary contracts too.
The Living Wage is an hourly rate set independently and updated annually which is a voluntary rate for employers. The Living Wage is calculated according to the basic cost of living using the ‘Minimum Income Standard’ for the UK. Decisions about what to include in this standard are set by the public; it is a social consensus about what people need to make ends meet.