Sycamore Trust accredited as Living wage employer
Sycamore Trust UK has been accredited as a Living Wage Employer. Our Living Wage commitment will see everyone working at Sycamore Trust receive a minimum hourly wage of £13.85, significantly higher than the government minimum for over 21s, which currently stands at £12.21 per hour.
London is a region where 14.4% of all jobs pay less than the real Living Wage – that’s 653,000 jobs. Despite this, Sycamore has committed to pay the real Living Wage and provide a decent standard of living for all their workers. The Living Wage Foundation’s real Living Wage remains the only UK wage rate independently calculated based on the cost of living, rising annually based on living costs. It gives employers the confidence they are paying a wage that meets everyday needs, not just the government minimum.
Over 16,000 accredited employers have secured over £3.6 billion of pay rises for low paid workers since 2011 and made a profound difference to millions of lives around the UK.
Lynn Chapman, from the Sycamore Trust said; “Our staff are our most valuable asset and we wanted to reward them for all their hard work, as well as ensuring that anyone who works at Sycamore Trust is able to achieve a decent standard of living, especially as the cost of living in London is so high. We are delighted to have been accredited as a London Living Wage employer.”
Katherine Chapman, Director, Living Wage Foundation said: “We’re delighted that Sycamore Trust UK has joined the movement of over 16,000 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 Sycamore Trust, believe that everyone needs to be able to live with dignity and have a decent standard of living."
