“It’s an unfortunate reality that working people are still unable to earn enough to provide their family a basic lifestyle. The findings of this report reiterate the importance of paying the real Living Wage, which can help lift people out of working poverty and in turn improve social mobility.
“With the cost of living higher than it’s ever been, we as employers can take active steps to address this by paying the real Living Wage. This also delivers tangible business benefits. In our own firm and supply chain it has improved staff morale, driven a rise in service standards, improved the retention of staff, and increased our productivity.
“It may not be possible or practical for everyone, but all organisations need to do what they can to address the problem of low pay. Of course, change cannot happen instantly, but making an initial assessment is an important first step.”
