Ensuring our lowest paid staff receive fair and reasonable pay is a priority for the Trust. This has been particularly crucial in light of the significant cost of living challenges that are affecting all of us and is a programme of work that we have been focused on for the last two years.
We are delighted to share that we are now accredited as a Living Wage employer which means that all staff who work with us now earn a minimum of £11.05 per hour. This makes us one of a small number of NHS providers in London who have been able to achieve accreditation to date. The accreditation is renewed annually, and we hope to be able to maintain our position every year.
Over 2000 people employed by us on the bank have had their pay rates increased to match the London Living Wage with over 600 colleagues to date seeing the benefits of this pay rise. Nearly 750 people employed by our contractors, including our catering, cleaning and portering teams from ISS and security staff from CIS Security, have also had their pay raised to meet this new pay rate.
The London Living Wage is higher than the national minimum wage of £6.83 per hour for those aged 18 to 20, £9.18 per hour for those aged 21 to 22 and £9.50 per hour for 23 and older. The accreditation means that every member of staff who works in or with our organisation earns not just the minimum wage, but the London Living Wage or higher.
The Living Wage is an hourly rate of pay, independently calculated each year based on the real cost of living in the UK. There is a separate rate of pay for London which is currently set at £11.05 per hour and reflects the higher costs of living in the capital.
Ben Travis, Chief Executive said: “I'm proud to announce that we have formal accreditation from the Living Wage Foundation as a London Living Wage employer. This is something we have been working on for the last two years, working with our partner organisations to achieve this.
“Our staff across the Trust work tirelessly to provide high-quality care for our patients, and this shows our commitment to our lower-paid colleagues.”
Mike Bell, Chair said: “It’s so important that staff receive a fair wage, especially during this challenging time with the rising cost of living.
“I’m delighted that we have achieved accreditation as a London Living Wage employer ensuring a salary higher than the minimum wage for all.”