Diageo commits to 'living wage' for UK workers

A third of the UK's top companies are now paying the voluntary living wage, with drinks giant Diageo the latest to commit to paying it.

Diageo commits to 'living wage' for UK workers

A third of the UK's top companies are now paying the voluntary living wage, with drinks giant Diageo the latest to commit to paying it.

The firm, which employs around 5,000 workers in the UK, said all staff and contractors will receive a minimum hourly wage of £8.45, and £9.75 in London.

The rates are higher than the British government's figure of £7.50 for over 25-year-olds.

Diageo, which produces drinks including Guinness and Johnnie Walker, is the 33rd company in the FTSE100 to accredit to the Living Wage Foundation, which sets the voluntary rate.

David Cutter, Diageo's president of global supply and procurement, said: "Creating shared value for our employees, shareholders and communities is at the heart of everything Diageo does as a business.

"We value all our employees, working both directly and indirectly at our sites across the UK.

"For this reason we are pleased to become a living wage employer and to support the Living Wage Foundation campaign in the UK."

Director of the Living Wage Foundation, Katherine Chapman, said: "It's great to see the UK's top businesses leading the way on fair pay.

"It's clear that successful brands value their employees and recognise the tangible business benefits of paying the real living wage.

"We welcome Diageo to the living wage movement and applaud them for voluntarily signing up to pay the real living wage, which is calculated annually to reflect the real costs of living.

"The living wage movement comprises 3,400 UK employers who choose to go further than the Government minimum to make sure all their staff earn enough to live on."

More in this section

Budget 2022 Logo

What impact will this  year's budget have on you and your business.

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day. PS ... We would love to hear your feedback on the section right HERE.

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up