Champions of The Real Living Wage

Signature Recruitment were one of the first Recognised Service Providers of The Real Living Wage and have actively supported the movement since 2014. We are proud supporters of "a hard day's work deserves a fair day's pay!"

Real Living Wage Increases

The Living Wage Foundation has announced the Real Living Wage rates for 2023-2024; with the London Living Wage rate increasing from £11.95 to £13.15 and the UK Living Wage rate for the rest of the UK, increasing from £10.90 to £12.  Employers will have 6 months to implement the new rates by 1st May 2024.

Recent research by the Living Wage Foundation shows that despite inflation easing, the cost-of-living crisis is far from over for Britain’s 3.5m low-paid workers.  Recent polling of those earning below the Real Living Wage found that 60% have visited a food bank in the past year and 39% regularly skip meals for financial reasons. 

The Real Living Wage Explained

Unlike the National Minimum Wage or National Living Wage calculated by the government, The Real Living Wage is independently calculated based upon actual living costs. Employers choose to pay The Real Living Wage on a voluntary basis because it provides an ethical benchmark for responsible pay.

The campaign began with workers in East London, who found that despite holding down two or more minimum wage jobs, they were struggling to make ends meet and were left with no time for community and family life. The Real Living Wage has done much to tackle in-work poverty since 2001 and applies to all workers over the age of 18.

Since inception, the movement has received support from Politicians, Premier League football clubs and a raft of successful businesses including Signature Recruitment.

What’s Good for People is Good for Business

What has been the impact of The Real Living Wage on businesses across the UK? Over the years, research has shown a number of business benefits. The Real Living Wage has a positive impact on employee retention, work productivity and outputs alongside well-being for employees.

"The greatest asset of a company is it's people."

Jorge Paulo Lemann (Co-founder, Banco Garantia)

Results from the Living Wage Foundation’s survey of over 800 accredited Living Wage businesses identified that 78% reported increased staff motivation following accreditation. Alongside this, workers were choosing to remain within the business for longer and recruitment processes improved due to being an accredited Living Wage business.

Each year we take part in Living Wage Week when the re-calculated increased rates of pay are celebrated.  You may see lots of social media posts and communication material from Signature explaining our support of The Real Living Wage during this time.

We hope you will join us in celebrating The Living Wage Foundation and support Signature Recruitment throughout the year, as one of the first Recognised Service Providers of The Real Living Wage!

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Signature Recruitment are delighted to announce that we are the Winner of the Heart of the City Award 2022 – Celebrating our social impact in London communities

Dragon Awards Logo

Signature Recruitment are delighted to announce that we are finalists for the 2021 Dragon Awards – Celebrating our social impact in London communities

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