Ruddocks and Co. becomes living wage employer
The Living Wage is an hourly rate set independently and updated annually, calculated according to the real costs of living
Ruddocks and Co Chartered Certified Accountants has announced that it will become a living wage employer in April 2023.
The firm is one of only five businesses in the London borough of Woodford to have made this commitment and is the only accounting firm in the borough to be recognised as an accredited living wage employer.
The Living Wage is an hourly rate set independently and updated annually, calculated according to the real costs of living. It provides a voluntary benchmark for employers who wish to ensure their employees can live comfortably on their earnings.
Ruddocks and Co. managing director Rohan Ruddock said: “We want to be a force for good in society and paying the Living Wage is one important way we can do that. We want our employees to tangibly feel valued and supported, and we believe that no one should have to go without the essentials in life.”
Katherine Chapman, director of the Living Wage Foundation stated in her March 2022 announcement: “The global pandemic has shone a spotlight on decades of global inequality. Putting human dignity at the heart of business-practice, including tackling poverty and providing decent living standards, will reduce inequality and underpin social cohesion and sustainable economic growth. We are delighted to be joining BCTI to work together to drive change – now is the time for action.’‘
