Paper product and print media organisation Clyde Paper and Print has been accredited as a living wage employer by the Living Wage Foundation.
The organisation, which employs 15 staff across its Glasgow and London offices, has been accredited for its commitment to paying both direct employees and third-party contractors at least the voluntary living wage rate.
The living wage, which is paid on a voluntary basis by employers, is an independently set hourly rate of pay that is calculated according to the basic cost of living. Updated annually, the living wage is currently set at £8.45 an hour for employees across the UK, and £9.75 an hour for those working in London. The higher London living wage rate reflects the higher living costs associated with residing in the capital.
The voluntary living wage is distinct from the statutory national living wage, which is paid to employees aged 25 and over. The national living wage rate is currently set at £7.50 an hour.
Clyde Paper and Print is already a Glasgow living wage employer, accredited by Glasgow City Council.
Mike Steven, senior director at Clyde Paper and Print, said: “Being a living wage employer is very important to us because we believe in investing in our staff and paying them well. We like to see our employees do well for themselves, not only at work but also in their living standards.”