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30/06/2014
Nestle Becomes First Major Manufacturer To Pay Living Wage To All Staff
Nestle has become the first major manufacturer to confirm it will pay the living wage to all its staff, including its contractors by the end of 2017.
The company is already paying the living wage to its 8,000 staff but will extend the rule to its 800 contractors because "it is the right thing to do".
The living wage varies depending depending on the amount an individual needs to earn to cover the basic costs of living and is currently set at £8.80 an hour in London and £7.65 elsewhere.
Since October 2013 the national minimum wage has been £6.31 an hour for adults and £5.03 for those aged between 18 to 21.
The Nestlé Youth Employment Initiative, which offers employment opportunities to young people under 30, will also apply the Living Wage to the company's graduate, internship and Fast Start school leaver programmes.
Nestle UK & Ireland chief executive Fiona Kendrick said: "We are proud to be the first mainstream manufacturer in the UK to become a Living Wage employer and see this as an opportunity to be a positive influence in our sector.
"As a major UK employer, we know that this is the right thing to do. Not only does it benefit our employees but also the communities they live and work in."
(CVS/CD)
The company is already paying the living wage to its 8,000 staff but will extend the rule to its 800 contractors because "it is the right thing to do".
The living wage varies depending depending on the amount an individual needs to earn to cover the basic costs of living and is currently set at £8.80 an hour in London and £7.65 elsewhere.
Since October 2013 the national minimum wage has been £6.31 an hour for adults and £5.03 for those aged between 18 to 21.
The Nestlé Youth Employment Initiative, which offers employment opportunities to young people under 30, will also apply the Living Wage to the company's graduate, internship and Fast Start school leaver programmes.
Nestle UK & Ireland chief executive Fiona Kendrick said: "We are proud to be the first mainstream manufacturer in the UK to become a Living Wage employer and see this as an opportunity to be a positive influence in our sector.
"As a major UK employer, we know that this is the right thing to do. Not only does it benefit our employees but also the communities they live and work in."
(CVS/CD)
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