Global technology lifecycle services provider SK tes has announced its accreditation as a Living Wage employer in the UK, reinforcing its commitment to fair pay and improved employee well-being.
The Living Wage, set by the Living Wage Foundation, is calculated based on the actual cost of living and is higher than the government’s statutory minimum wage. Employers who adopt the scheme voluntarily commit to paying wages that enable staff to meet basic living costs more comfortably.
By joining the initiative, SK tes ensures that all its UK-based employees receive fairer wages that reflect the rising cost of living. The decision aligns with the company’s broader values of integrity, responsibility, and innovation.
Commitment to employees
Gordon Cripps, General Manager of SK tes UK, emphasised the company’s belief in supporting its workforce.
“We believe that our success is deeply connected to the well-being of our employees. By committing to the Living Wage, we are investing in our people, who are the heart of our company. We hope to inspire other businesses to join us in this important movement.”
The move is expected to enhance employee motivation and productivity while reinforcing SK tes’s reputation as an ethical employer.
The Living Wage movement
Unlike the government’s National Minimum Wage and National Living Wage, the real Living Wage is calculated independently and updated annually. It reflects the cost of housing, food, and other essential expenses. The scheme is supported by a growing number of businesses across various sectors, all choosing to pay higher wages voluntarily.
The Living Wage Foundation, which oversees the initiative, has called on more businesses to follow suit, highlighting the positive impact on workers and the wider economy. Research suggests that Living Wage employers often experience lower staff turnover, higher job satisfaction, and increased consumer trust.
A growing trend in fair pay
The decision by SK tes comes amid wider discussions about wage fairness and cost-of-living pressures in the UK. The past few years have seen increased advocacy for higher pay standards, with more companies recognising the business and ethical benefits of ensuring workers earn a real living wage.
By securing accreditation, SK tes joins a network of over 14,000 UK businesses that have pledged to go beyond the legal minimum in support of their employees.
For more information about SK tes and its Living Wage commitment, visit www.sktes.com.