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The cost of living has risen sharply in recent years; this is particularly acute in London, yet salary increases have not always reflected rising costs. Unlike the compulsory national minimum wage, the ‘London Living Wage’ is voluntary for those companies who wish to become accredited with the Living Wage Foundation. A construction company’s workforce is one of its largest assets and therefore…
This contractor provided cost of living support to their team to recognise an issue that impacts all of the team and offer a level of support, despite the issue being caused by outside factors beyond the companies direct control. This set a precedent and let the employees know that the wellbeing of them and there families is being considered by…