Companies

Burberry raises pay rates early to support staff during cost-of-living crisis

Oct 25, 2022 United Kingdom

The UK-based luxury group announced that, in light of the rising cost of living, has decided to anticipate the new UK real Living Wage pay rates by more than six months

"At Burberry, our priority is our people. We're proud to implement the UK real Living Wage early and hope that this, coupled with the policies and wellbeing programmes we already have in place, will help to alleviate some of the challenges our colleagues are facing", commented Jonathan Akeroyd, Chief Executive Officer of Burberry.

Burberry, which has been a UK real Living Wage employer since 2015, has implemented the increased rates from the 1^st of October 2022, ahead of the deadline set by the Living Wage Foundation, respectively, 14^th of May 2023. According to the website, the real Living Wage "is the only UK wage rate that is voluntarily paid by over 11 000 UK businesses who believe their staff deserve a wage which meets everyday needs".

"We are delighted that Burberry is implementing the new real Living Wage rates with immediate effect. Burberry is a long-time supporter and champion of the real Living Wage movement and today's announcement will make a massive difference", stated Katherine Chapman, Director of the Living Wage Foundation.

Image Credits: dazeddigital.com

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