Colliers' Living Wage commitment will see everyone working in business support roles and above receive a minimum hourly wage of £9.50 in the UK or £10.85 in London - significantly higher than the government minimum for over 23s, which currently stands at £8.91 per hour.
The real Living Wage is the only rate calculated according to the costs of living. It provides a voluntary benchmark for employers that wish to ensure their staff earn a wage they can live on, not just the government minimum. Since 2011 the Living Wage movement has delivered a pay rise to over 250,000 people and put over £1.3 billion extra into the pockets of low paid workers.
Lydia Ings, HR Director at Colliers, said: “To be awarded the Living Wage Employer accreditation is a great achievement and aligns with one of our core value to ‘do the right thing’. Our people work hard every day to ensure we deliver the best results for our clients and it is only right that their pay fairly reflects the amazing work and dedication they put in to support the growth of our business.”
Laura Gardiner, Director, Living Wage Foundation said: “We’re delighted that Colliers has joined the movement of over 7,000 responsible employers across the UK who voluntarily commit to go further than the government minimum to make sure all their staff earn enough to live on.
“They join thousands of small businesses, as well as household names such as Burberry, Barclays, Everton Football Club and many more. These businesses recognise that paying the real Living Wage is the mark of a responsible employer and they, like Colliers, believe that a hard day’s work deserves a fair day’s pay."