The Living Wage Foundation is pleased to announce that KeyPlus Security Ltd has been accredited as a Living Wage employer.
The Living Wage commitment will see everyone working at KeyPlus, 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.
KeyPlus Managing Director, Brian Curran said:
I’m delighted to announce that KeyPlus Security has been accredited as a Living Wage Employer after introducing a 12% pay increase.The manned guarding industry has always had a poor reputation due to low pay, long hours and unsociable shift patterns. There are an estimated 4,000 security companies in the UK yet KeyPlus is one of only eight companies to be accepted onto the scheme. This increase in pay and our commitment to the Living Wage will make a real difference to the people we employ.”
The Living Wage is an hourly rate set independently and updated annually. It 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.
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 KeyPlus 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 1,000 leading employers, including KeyPlus, 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.”