The Living Wage Foundation has given NM Group an accreditation as a Living Wage employer.
This accreditation recognises NM Group as part a growing movement of organisations who voluntarily pay staff a wage that reflects the real cost of living, not merely the government’s minimum.
Living Wage commitment recognises the fact that everyone working at NM Group receive an hourly wage of more than £8.45 in the UK or £9.75 in London. Both of these rates are significantly higher than the statutory minimum for over 25’s of £7.50 per hour introduced in April 2017. The real Living Wage is an hourly rate set independently and is updated annually.
Kevin Jacobs, CEO, NM Group described the company’s commitment to being a Living Wage Employer:
I am very pleased that NM Group have been recognised as a Living Wage employer, demonstrating that we pay a Living Wage to all our employees. Although voluntary, I absolutely believe it is our responsibility to reward the hard work and enthusiasm of our talented workforce. This means making sure everyone is paid enough to provide for themselves and their families. The Living Wage applies to everyone, regardless of age, something particularly relevant as we have a large number of younger staff members.
Katherine Chapman, Director, Living Wage Foundation said:
We welcome NM Group 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 NM Group join us, because they too believe that a hard day’s work deserves a fair day’s pay.
About the Living Wage Foundation
- The Living Wage is an hourly rate set independently and updated annually. The real Living Wage is calculated according to the basic cost of living in the UK. Employers choose to pay this wage on a voluntary basis. The real Living Wage enjoys cross-party support.
- The UK Living Wage for outside of London is currently £8.45 per hour. The London Living Wage is currently £9.75 per hour. This figure covers all boroughs in Greater London. These figures are calculated annually by the Resolution Foundation and overseen by the Living Wage Commission, based on the best available evidence on living standards in London and the UK.
- The Living Wage Foundation recognises and celebrates the leadership shown by Living Wage employers across the UK. There are currently over 3000 accredited employers. We are an initiative of Citizens UK. We believe that a hard day’s work deserves a fair day’s pay. We support responsible employers to voluntarily go further than the government minimum and pay the real Living Wage, to all their staff, so they can earn enough to meet the cost of living.
About NM Group
- NM Group is a specialist service provider of asset management, survey and mapping solutions to the power sector. Applying a range of remote sensing and geospatial technologies, the company offers a full range of services from data acquisition through to analytics and web applications for wider access to information.