ICOS

ICOS will become a Living wage employer in May 2021

• ICOS, in May 2021, will be joining over 800 employers who have accredited with the Living Wage Foundation since the start of Covid-19 lockdown including, Gentoo, sage, Newcastle Carers, VONNE, Oxfam, Northumbria University, society matters and Police and Crime Commissioner for Northumbria PoliceThe ‘real living wage’ rises from £9.30 to £9.50 an hour.
• On Monday 9 November 2020, the Living Wage Foundation announced the real living wage rate increased by 20p per hour, for employees working across the UK.
• Over a quarter of a million employees who work for an employer who has voluntarily signed up to the “real living wage” is set for a pay boost of 20p to £9.50 an hour.
• This is not to be confused with the statutory National Living Wage, which is currently £8.72 an hour for anyone over the age of 25.
• The real living wage increase is designed to help workers and families through the Covid-19 pandemic and ensures all staff earn a wage that meets the real cost of living and covers everyday needs.