We’re delighted to have been accredited by the Living Wage Foundation as a Living Wage Employer.
There are around 7,000 Living Wage employers in the UK and all have agreed to pay their staff a wage which meets everyday needs. This is considerably above the Government minimum wage standard.
Many of the other companies that have been accredited are from the FTSE 100 or big household names including Nationwide, Google, Brewdog, Everton FC and Chelsea FC.
We’re perhaps even more proud to be able to declare that Kimpton were already meeting this standard, without needing to make any adjustments. We have ALWAYS properly valued our team and the contribution they make to our business and our community.
Linzi Sheard, Kimpton Financial Controller who managed the process of accreditation for the Business was happy to receive the news.
“It was a straightforward process for us to get the accreditation, as we were already valuing our staff correctly across every department and team. The staff at the Living Wage Foundation were amazing though. They made the whole process both easy and quick. We work so hard to be a positive influence on the community in which we live and work, so it’s nice to get another confirmation that we’re doing the right things right”
If you’d like to support the work of the Foundation and become a Living Wage Employer yourself, then you can read about it here.
Prompt Payment Code
In related news, we have also become signatories of the Prompt Payment Code. This is a voluntary agreement by businesses throughout the UK that have agreed to pay their suppliers fairly and on time.
The code sets standards for payment practices and best practice and is administered by the Small Business Commissioner on behalf of the Department for Business, Energy and Industrial Strategy (BEIS). The Code covers prompt payment, as well as wider payment procedures.
This was an even simpler standard to achieve and we were accepted almost immediately, as again, we were already complying with all of the conditions required by the standard.
But we can now proudly display the logo to show our partners and suppliers that we behave consistently in our business dealings and will pay them on time.
Late payment is unfair to suppliers and causes problems throughout the economy. We’re proud to be part of this new initiative that is trying to eradicate it from general business practice.