Northdoor is an accredited living wage employer
Northdoor is proud to maintain its status as an accredited living wage employer, ensuring that all our staff receive fair compensation that reflects the true cost of living. Since our initial accreditation in 2019, we have remained committed to this important principle, recognising that a hard day’s work deserves a fair day’s pay. This commitment extends to include third-party contracted staff who work on our premises, such as cleaning and security personnel.
At Northdoor, we believe fair pay isnt just right -it's smart business. As an accredited Living Wage employer we ensure all our staff earn enough to live, not just survive. Share on XWhat is the Living Wage?
The living wage is calculated based on the actual cost of living, unlike the statutory minimum wage. It represents the minimum income necessary for workers to meet their basic needs and maintain a decent standard of living. The real living wage is a voluntary rate that employers choose to pay, distinguishing it from the government’s mandatory national living wage.
Understanding the difference between minimum wage and living wage is crucial for employers committed to fair pay. While the government sets the national living wage as a percentage of median earnings, the real living wage is calculated independently based on what people need to live on. This results in the living wage consistently being higher than statutory minimums.
Benefits of paying the living wage
The benefits of paying the living wage extend to both employees and employers. For workers, it means greater financial security, improved wellbeing, and the ability to participate more fully in society. For businesses, the advantages are equally compelling.
Research has demonstrated numerous benefits of paying the living wage, including:
- Reduced staff turnover and associated recruitment costs
- Lower absenteeism rates
- Increased employee motivation and productivity
- Enhanced company reputation and brand image
- Improved employee relations and engagement
According to the Living Wage Foundation, over 16,000 UK employers are now accredited, including half of the FTSE 100 companies. These organisations have collectively helped to lift over 475,000 workers to a living wage.
Northdoor’s commitment
Northdoor understands the importance of investing in people. Our commitment to the living wage aligns with our broader corporate values of integrity, excellence, and responsibility.
James Cherry, CEO of Northdoor, emphasises that this commitment reflects our belief that investing in people drives business success, reducing turnover and enhancing productivity, while supporting our reputation as an IT partner that values people.
“At Northdoor, we believe that every employee deserves to earn enough to support themselves and their families. A living wage is not just a goal; it is a necessity for fostering a healthy and productive workforce.
Our commitment to the living wage reflects our values as an organisation and our recognition that our success depends on the wellbeing and dedication of our people. This commitment applies to all staff working on Northdoor premises, including those employed by third-party contractors. We regularly review our wage policies to ensure they remain aligned with living wage standards and cost of living adjustments.”
The wider impact
The living wage movement continues to gain momentum across the UK, with organisations of all sizes recognising the importance of fair pay. By joining this movement, Northdoor is contributing to broader efforts to reduce income inequality and improve living standards.
The Low Pay Commission (LPC) continues to monitor wage implementation effects, gather stakeholder feedback, and provide recommendations for future adjustments. Key considerations across different sectors include:
- Hospitality and retail sectors facing adjustment challenges
- Small businesses managing increased operational costs
- Potential effects on employment opportunities for younger workers
Despite these challenges, the trend toward fair pay continues to grow, with more employers recognising the business case for the living wage.
If you’re interested in learning more about Northdoor’s corporate social responsibility initiatives or how we can help your organisation with IT consultancy services, please contact us today.