The North East based company’s Living Wage commitment will see everyone working at Polar Krush, regardless of whether they are direct employees or third-party contracted staff; receive a minimum hourly wage of £8.45 in the UK or £9.75 in London. Both of these rates are significantly higher than the statutory minimum for over 25s of £7.50 per hour introduced in April 2017.
The real Living Wage is an hourly rate set independently and updated annually. The Living Wage is calculated according to the real costs of living.
Paul Goldfinch, founder of Polar Krush said, “At Polar Krush we are extremely proud of our talented people and we will always put them first. The company is at a point of rapid growth and it is fantastic that we are able to share this success with the whole team by paying more than the statutory minimum wage. Being accredited as a Living Wage employer is certainly something we are very proud of and we hope this will attract even more fantastic talent as we continue to expand.”
Employers choose to pay the real Living Wage on a voluntary basis. The Living Wage enjoys cross-party political support.
Katherine Chapman, Director, Living Wage Foundation said: “We welcome Polar Krush to the Living Wage movement as an accredited employer.
“Responsible businesses across the UK are voluntarily signing up to pay the real Living Wage now. The real Living Wage rate is annually calculated to reflect the real costs of living.
“We are a movement of over 3000 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 Polar Krush join us, because they too believe that a hard day’s work deserves a fair day’s pay.”