06 Feb 2019
Silver Cloud Ltd has today been accredited as a Living Wage Employer. Our Living Wage commitment will see everyone working at receive a minimum hourly wage of £9.00 in the UK 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.
Silver Cloud Ltd is based in Scotland, a region where nearly a fifth of all jobs (18%) pay less than the real Living Wage - around 404,000 jobs. Despite this, Silver Cloud Ltd 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 160,000 people and put over £800m extra into the pockets of low paid workers.
Michael McMillan MD of silver cloud commented, As a business we are nothing without our fabulous staff, they show a real dedication and commitment to silver cloud and its growth, we strive and are commited to building a fair and open environment where staff can grow and prosper and achieve their aspirations in their career as well as in life.
Tess Lanning, Director, Living Wage Foundation said: “We’re delighted that Silver Cloud Ltd has joined the movement of over 4,700 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 Silver Cloud Ltd believe that a hard day’s work deserves a fair day’s pay."