Raven commits to becoming a Living Wage employer
Raven has committed to paying all its employees the real Living Wage. Its Living Wage commitment will see everyone over the age of 18 working for us receives a minimum hourly wage of £9.30*.
The real Living Wage is the only pay rate calculated according to the cost of living. It provides a voluntary benchmark for employers that wish to ensure their staff earn a wage they can live on, not just the government minimum. Since 2011 the Living Wage movement has delivered a pay rise to over 200,000 people and raised £1 billion extra for lower paid workers.
There are nearly 6,000 accredited Living Wage Employers including one third of the FTSE 100 and big household names like IKEA, ITV and Everton FC, but we are only the second housing association in the south east of England that has made this commitment.
Julia Mixter, our director of transformation, said: “At the heart of what we do as a business is the belief that having a good quality, affordable home makes a huge difference to people’s lives. It is important that this sense of purpose also extends to how we reward our staff and that they too can afford a safe and secure place to live.
“The results of our staff survey in 2019 were a clear indication that we needed to understand more about the relatively low score given for motivation linked to pay and reward.
“We identified that our pay framework wasn’t straightforward or transparent enough and that in particular our cleaners and apprentices simply weren’t paid enough for the contribution they undoubtedly make.
“There has been a cost to the business of committing to the real Living Wage, which is in the region of £30000 in this financial year, but we recognise the importance of committing to paying our staff a wage that meets the cost of living, not just the government minimum.
This is a long-term commitment for us as we plan to apply for real Living Wage accreditation with Living Wage Foundation in the near future and will also review pay in future to be in line with any increases in the real Living Wage.