As part of Casedo’s recently agreed sustainability plan, with both social and environmental strands, Casedo is delighted to announce that it’s now officially an accredited Living Wage employer. For our business, this means that we’ve made the conscious decision to ensure that our employees and contractors are paid a fair day’s wage.
A study by the Institute for Public Policy Research (IPPR) found that the likelihood of those in working households being in poverty had steadily increased over the last 25 years, growing from 13 per cent in 1996-97 to 17 per cent in 2019-20. According to The Joseph Rowntree Foundation, about 56% of people living in poverty in 2018 were in a household where at least one person had a job, compared with 39% 20 years ago. Both of these reports suggest that rising levels of employment have failed to translate into higher living standards.
The real Living Wage is independently calculated every year to meet the real cost of living. Living Wage UK provides a voluntary benchmark for employers such as Casedo to ensure their staff earn a wage they can live on, not just the government minimum.
Jim Hitch, CEO at Casedo, said:
“Knowing that our team are paid fairly is extremely important to us. We believe that motivated employees are key to attracting and retaining the best talent, whilst at the same time helping us grow and be more resilient as a business. We’re also delighted to have joined over 7,000 other Living Wage employers across the UK who have voluntarily ensured that they pay their employees at the very least an independently calculated fair wage.”