- ROCKWOOL gains accreditation as the campaign celebrate Living Wage Week
- Wales, where ROCKWOOL is based, has one of the highest proportions of non-Living Wage jobs in the country (24%)
- ROCKWOOL Ltd joins over 4500 accredited businesses, including small firms and household names such as Aviva, IKEA, Heathrow Airport and Nationwide
The voluntary commitment includes paying all directly employed staff and third party contracted a minimum hourly rate of £8.75, or £10.20 in London. The new rates for 2018/19 have been announced as £9 per hour or £10.55 in London. Both rates are significantly higher than the government minimum for over 25s, which currently stands at £7.83 per hour.
The Living Wage Campaign’s hourly rates are recalculated annually in accordance with the actual cost of living and ensure that workers are paid enough to have a decent standard of living. The commitment also includes a plan to ensure all third party contracted staff are moved to the higher rate over the coming six months where they are not already receiving it.
ROCKWOOL is based in Wales, a region with one of the highest proportions of non-Living Wage jobs in the country (24%), with around 268,000 jobs paying less than Living Wage Campaign rates.
Darryl Matthews, Manging Director said: “ROCKWOOL are extremely proud to be a Living Wage employer and to be making this announcement during Living Wage Week. As a business, we have paid employees above the minimum wage rates for many years and this accreditation demonstrates our commitment to paying the real Living Wage in the long term, and to extend that across the contracted staff we work alongside every day.”
Tess Lanning, Director, Living Wage Foundation said: “We’re delighted that ROCKWOOL has joined the movement of over 4,500 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 IKEA, Heathrow Airport, Barclays, Chelsea and Everton Football Clubs and many more. These businesses recognise that paying the real Living Wage is the mark of a responsible employer and they, like ROCKWOOL, believe that a hard day’s work deserves a fair day’s pay."