What is the living wage?
“A living wage is the income necessary to provide workers and their families with the basic necessities of life. A living wage will enable workers to live with dignity and to participate as active citizens in society.”
CedarOak Security is part of the service industry in the UK. This service industry is challenged by how it financially supports its workers. Security companies, like CedarOak Security, are in a competitive marketplace, vying for contracts with local government, large and small commercial companies and the residential sector. In order to maintain a presence in the market and sustain its own business practices security companies are bound by what other companies will pay them to provide a security service.
What are the benefits of paying the living wage?
However, despite this financial challenge, CedarOak Security believes in the principle of the living wage to support community wellbeing and has recognised the benefits for its employees from receiving the living wage. These benefits include:
Greater retention of staff
Consistent building of skills and knowledge
Lower rates of absenteeism and sick leave
Higher quality work
Increased morale and motivation
And benefits for the employee have been:
A sense of feeling valued and worthwhile
Less stress on families and relationships trying to manage more than one job
Time spent with children supporting them with school work
Less children left alone to manage family life, looking after younger siblings
Being able to provide the basics for their families – food, clothing, medical care
Knowing that CedarOak Security is the only security company in the UK to pay its employees the living wage, where contracts support it. We challenge you to think ethically about how you can support the development of a living wage. Must you get the cheapest security service or could you make a financial decision to pay more knowing that a company like CedarOak Security is committed to its people and is striving for a living wage.
CedarOak is the most effective and competent security guard provider in the UK.
If you would like more information or a free security assessment please contact us at 0800 689 9747 or email info@cedaroaksecurity.co.uk
For all your security guard services, door supervisors, event security services, mobile patrol Services, alarm response services, retail security services or to find out how CedarOak Security Guard Company can improve your security email info@cedaroaksecurity.co.uk NOW!
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