KEY FIRE & SECURITY CELEBRATES LIVING WAGE COMMITMENT
2 Jul 2015
The Living Wage Foundation is pleased to announce that Key Fire & Security Ltd (Part of the Key Security Group), has today, 2nd July 2015, been accredited as a Living Wage employer.
The Living Wage commitment will see everyone working at Key Fire & Security Ltd regardless of whether they are permanent employees or third-party contractors and suppliers; receive a minimum hourly wage of £7.85 - significantly higher than the national minimum wage of £6.50.
The Living Wage is an hourly rate set independently and updated annually. The Living Wage is calculated according to the basic cost of living using the 'Minimum Income Standard' for the UK. Decisions about what to include in this standard are set by the public; it is a social consensus about what people need to make ends meet.
Managing Director Kieran Montgomery commented, "Without our people, we could not deliver any form of service to a client. This accreditation places our people firmly before profit and is something that we have decided to do to engage and retain the best team we can, I am informed we are the first company in our sector in the region to achieve this status which is even more pleasing"
Employers choose to pay the Living Wage on a voluntary basis. The Living Wage enjoys cross party support, with public backing from the Prime Minister and the Leader of the Opposition.
Living Wage Foundation Director, Rhys Moore said:
"We are delighted to welcome Key Fire & Security to the Living Wage movement as an accredited employer.
"The best employers are voluntarily signing up to pay the Living Wage now. The Living Wage is a robust calculation that reflects the real cost of living, rewarding a hard day's work with a fair day's pay.
"We have accredited over 1,500 leading employers, including Key Fire & Security, ranging from independent printers, bookshops and breweries, to well-known companies such as Nationwide, Aviva and SSE. These businesses recognise that clinging to the national minimum wage is not good for business. Customers expect better than that. "