Paying the real Living Wage is not only morally right, but also helps attract talent and improve staff retention. That’s the Wise Group’s view as we celebrate our first anniversary of becoming a Living Wage Accredited Employer.
The Wise Group has been paying its staff the living wage for a decade, and went through the process to be formally accredited as a Living Wage employer in 2017.
Sean Duffy, Chief Executive of the Wise Group said, “We work every day with people who’ve experienced real inequality in their lives, people dealing with the impact of poverty, maybe struggling to give their children the life they’d want them to have, or sometimes simply to feed and clothe them.
“Our talented, massively committed, staff team spend their working days supporting others out of poverty, whether helping them to get jobs, save money on their heating bills or ensuring that people coming out of prison get the financial and benefits advice they need. So for us, paying the living wage to our staff is a no-brainer.”
“Even aside from the overriding moral imperative to pay the living wage, it also just makes good business sense in terms of attracting talent and improving staff retention.”
Wise Group staff live their values in many other ways too. Through the voluntary Wise Aid scheme, employees can choose pay a portion of their salary each month into a fund to support a range of groups and people in need. Wise Group staff themselves choose fund beneficiaries, which so far have included baby banks, community groups and lunch clubs, as well as more established charities.
The Wise Group also runs its own food bank, with staff going the extra mile to ensure a steady supply of food and toiletries to people who need them –customers on Wise Group programmes who are trying to improve their lives.
And the Wise Group recently pledged its support to MCR Pathways – the Glasgow-based charity which supports disadvantaged young people in schools to improve their life chances.
Sean Duffy said, “We’ve pledged to give 10% of our workforce the chance to sign up as mentors for vulnerable young people via MCR Pathways. They’ll do this during their working hours – it’s a big commitment, but one we feel is important to make.”