Interclass has today accredited as a Living Wage Employer. Our Living Wage commitment will see everyone working at Interclass receive a minimum hourly wage of £9.50 in the UK or £10.85 in London. Both rates are significantly higher than the government minimum for over 23s, which currently stands at £8.91 per hour.
Interclass is based in West Midlands, a region with one of the highest proportions of non-Living Wage jobs in the country (21%), with around 442,000 jobs paying less than the real Living Wage. Despite this, Interclass has committed to pay the real Living Wage and deliver a fair day’s pay for a hard day’s work.
The real Living Wage is the only rate calculated according to the costs 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 250,000 people and put over £1.3 billion extra into the pockets of low paid workers.
David Jones, Managing Director at Interclass said:
“We’re really pleased to be accredited as a real Living Wage employer. Committing to this initiative is something we believe strongly reflects our beliefs as a responsible business and doing the right thing for our people. We also aim to set an example to our clients and encourage those who we work with across the construction industry to recognise the positive impact of this kind of initiative in maximising social value within our communities and join us in becoming a Living Wage employer.”
Laura Gardiner, Director, Living Wage Foundation said: “We’re delighted that Interclass has joined the movement of over 7,000 responsible employers across the UK who voluntarily commit to go further than the government minimum to make sure all their staff earn enough to live on.
“They join thousands of small businesses, as well as household names such as Burberry, Barclays, Everton Football Club and many more. These businesses recognise that paying the real Living Wage is the mark of a responsible employer and they, like Interclass, believe that a hard day’s work deserves a fair day’s pay.”