Regent’s Park celebrates living wage commitment

LONDON, United Kingdom, 21 February 2015: Regent’s Park Healthcare receives accreditation from the Living Wage Foundation as a Living Wage employer.

The Living Wage commitment will see everyone working at Regent’s Park, regardless of whether they are permanent employees or third-party contractors and suppliers; receive a minimum hourly wage significantly higher than the national minimum wage.

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.

Bryn Webber, Cardiac Services Director at Regent’s Park said: “It is deeply satisfying to be joining a growing list of organisations paying a living wage to employees. We will be informing organisations who work both with and for us of our commitment to the living wage and this will form a part of the contract award evaluation process. Our accreditation recognises the importance of all members of the Regent’s Park team in delivering high-quality services to our customers and patients.”

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 Regent’s Park Healthcare 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 Regent’s Park Healthcare, ranging from independent printers, bookshops and breweries, to well-known companies such as Goldman Sachs, Nationwide and Aviva. These businesses recognise that clinging to the national minimum wage is not good for business. Customers expect better than that.”

About the Living Wage Foundation

The Living Wage is an hourly rate set independently and updated annually. The Living Wage is calculated according to the basic cost of living in the UK. 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.

The London Living Wage is currently £9.15 per hour. This figure is set annually by the Greater London Authority and covers all boroughs in Greater London. The UK Living Wage for outside of London is currently £7.85 per hour. This figure is set annually by the Centre for Research in Social Policy at Loughborough University.

The Living Wage Foundation recognises and celebrates the leadership shown by Living Wage employers across the UK. There are currently over 1,200 accredited employers. We are an initiative of Citizens UK. We believe that work should be the surest way out of poverty.

Living Wage Media Contact: Gillian Owen; gillian.owen@citizensuk.org.uk