The Chartered Institute of Payroll Professionals (CIPP) has been accredited as a Living Wage Employer.
Everyone who works for the organisation, regardless of whether they are direct employees or third-party contracted staff, will now receive a minimum hourly wage of £8.75 in the UK or £10.20 in London. These rates are not to be confused with the statutory National Living Wage for over 25s, which currently stands at £7.50 per hour.
The Living Wage Foundation campaigns for businesses to pay its voluntary rate, calculated independently based on the cost of living.
Ken Pullar, CEO of the CIPP, commented: “As the industry body for payroll in the UK, the CIPP encourages all of our members to pay the ‘real’ Living Wage and therefore wanted to demonstrate that we are equally committed to ensuring all of our employees are paid fairly.”
“This is an excellent initiative which the CIPP is proud to support.”
Katherine Chapman, director of the Living Wage Foundation said: “We welcome the CIPP to the Living Wage movement as an accredited employer.
“We are a movement of over 3,700 UK employers who together want to go further than the government minimum to make sure all their staff earn enough to live on. We have lots of small businesses as well as big household names like IKEA, Aviva, Chelsea and Everton Football Clubs and many more.
"These businesses recognise that the Living Wage accreditation is the mark of a responsible employer and they, like the CIPP, join us because they too believe that a hard day’s work deserves a fair day’s pay."