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8. LONDON LIVING Wage
Protecting your workers also means paying them properly. The cost of living in London is higher than the rest of the UK, so the Living Wage Foundation has calculated a wage that meets Londoners’ everyday needs: the London Living Wage (LLW). Tideway has paid the LLW to everyone working on the project.
100% of jobs on Tideway pay the LLW vs
£11.95 per hour
London Living Wage
Figures accurate as of 2022. LLW and National Minimum Wage increase every year. https://www.trustforlondon.org.uk/issues/work/london-living-wage/ https://www.trustforlondon.org.uk/data/low-paid-jobs-in-London/
£9.50 per hour
The National Minimum Wage
£15.1 million
Social impact value of paying the LLW