Kanso FM Ltd recognises that recompense for work should allow those working to a decent standard of living without dependence on outside subsidies.
Principles underlying this policy
A living wage is one which allows individuals to meet their everyday needs to a basic but decent standard. ‘Everyday needs’ means essentials such as food, housing and utilities, with a margin for unforeseen events such as the replacement of white goods. It is based on living costs. The living wage is distinct from the National Minimum Wage, which is based on median national income, and as such allows individuals to live without other subsidies such as those provided by the Government or charities.
Kanso FM Ltd comes into contact with those working for a wage directly through employment and sub-contracting and indirectly through procurement and collaboration.
Aims, objectives and scope of this policy
Kanso FM Ltd will pay employees and subcontractors a living wage, based on the local cost of living for the employee or subcontractor.
Kanso FM Ltd will pay for expenses incurred when doing work for Kanso FM Ltd.
Kanso FM Ltd will be transparent about its wage-setting policies. It will encourage employees to raise concerns about their wages and expenses and will handle those concerns in an open and non-discriminatory way.
Kanso FM Ltd will encourage other organisations it works with to pay their employees a living wage and will consider whether suppliers pay a living wage when procuring goods and services.
The Managing Director of Kanso FM Ltd has responsibility for ensuring that a living wage is paid to direct employees. Anyone within the organisation who is managing a sub-contractor has responsibility for ensuring that sub-contractors are paid a living wage. Anyone within the organisation involved in procurement has a responsibility to consider the living wage as an element in their decision-making.
The living wage benchmark used will be that of the Living Wage Foundation, www.livingwage.org.uk/.
When reviewing wages and salaries, the Managing Director or person managing a sub-contractor will consider the living wage to be the floor an individual will be paid.
Employees and subcontractors will be encouraged to be aware of the current level of the living wage and raise concerns with the Managing Director or person managing them. When a concern is raised, it should be investigated. Where the concern is justified the wage, salary or sub-contractor’s fee will be adjusted to meet the living wage.
When procuring, those within Kanso FM Ltd will look for evidence that a potential supplier is paying the living wage and consider payment of the living wage alongside other considerations when choosing a supplier.
Kanso FM Ltd may or may not seek formal accreditation as a 'Living Wage Organisation'.