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31st August 2020
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BSH Home Appliances gains accreditation as a Living Wage Employer
BSH Home Appliances manufacturer of brands such as Bosch, Neff, Siemens and Gaggenau, is proud to announce its accreditation as a Living Wage employer by The Living Wage Foundation.
The company is already paying its employees more than the voluntary living wage rate of £8.45 an hour, or £9.75 in London, but in achieving this accreditation has ensured that all regular contractors engaged by the company are also paid The Living Wage.
The living wage is a voluntary rate which is calculated according to the cost of living. The rate is independently set and updated on an annual basis.
The voluntary living wage differs from the National Minimum Wage, which is a statutory rate for employees aged 25 and over. The National Minimum Wage currently stands at £7.50 an hour.
"The Living Wage accreditation is the mark of a responsible employer and we are pleased to join more than 3,000 other UK organisations to ensure that our workforce earns enough to live on," says Andreas Meier, CEO at BSH Home Appliances. "BSH's social and ethical commitment is a fundamental part of our culture and we believe this is reflected by passionate staff and contractors who deliver outstanding customer service and value to the business".
17th November 2017