More than 24,000 employees benefit from London Living Wage

More than 24,000 employees in Royal Greenwich now work for accredited London Living Wage employers, as the borough marks Living Wage Week and celebrates 25 years of the movement.

There are 127 businesses accredited in Greenwich spanning a range of sectors from construction, engineering and manufacturing to finance, retail and tourism. Together, they employ more than 24,000 people who are paid at least the London Living Wage of £15.45 an hour, with over 7,500 workers benefiting from a pay rise as a result.

Councillor Asli Mohammed, Cabinet Member for Economy, Town Centres and Co-operative said: “Greenwich is the borough that creates opportunity. Businesses choose to start, grow and stay here, and we want everyone to share in that success. That's why we are proud to support London Living Wage. More than 24,000 people in Royal Greenwich now work for accredited employers and over 7,500 workers have benefited from a pay rise as a result. By helping ensure people are paid fairly for the work they do, London Living Wage is playing an important role in tackling in-work poverty. We thank the businesses that have already made this commitment and encourage others to join them.”

Many early adopters of London Living Wage in Royal Greenwich are still accredited to this day, demonstrating the commitment of local employers to create good quality jobs and improve standards for thousands of workers. With a 44% increase in new businesses joining over the last three years and 2,000 new employers signed up across London in the last 12 months, more businesses are joining the movement.

With the cost of living increasing, London Living Wage rises annually and is a way to not only provide employees with greater financial security but can also offer better job satisfaction and increased wellbeing. There are advantages for businesses too. A recent survey by the Living Wage Foundation found that 96% of employers reported positive outcomes resulting from their accreditation, which included enhanced reputation, delivering on social value commitment and helping them to standout against their competitors.

Living Wage Week runs from 9 to 15 November. Find out more about London Living Wage in Royal Greenwich and show your support to accredited organisations in South London.