Pacsol celbrates commitment to real living wage

Pacific Solutions International Ltd (PacSol®️) has today accredited as a Living Wage Employer.

Their Living Wage commitment will see everyone working at PacSol receive a minimum hourly wage of £12.60 in the UK or £13.85 in London. Both rates are significantly higher than the government minimum for over 21s, which currently stands at £11.44 per hour.

As a leading document management and digital transformation services provider, PacSol has always committed to treating both clients and employees with the highest ethical standards. Since it was founded, whether providing digital transformation solutions to global organisations or small businesses, the company has always looked to further enhance and formalise its own standards – this Living Wage accreditation is proof of that commitment.

The real Living Wage is the only rate calculated according to the costs of living. It provides a voluntary benchmark for employers that wish to ensure their staff earn a wage they can live on, not just the government minimum. Since 2011 the Living Wage movement has delivered a pay rise to nearly half a million people and put £3.5 billion extra into the pockets of low paid workers.

In confirming the accreditation, Toby Gilbertson, Director, Pacific Solutions International Ltd commented:

“As a company, PacSol has always considered its employees as the life blood of its success. Whether through formal training, management transparency, policies driven by ISO or Investors in People, this company has always committed to its employees and their well-being.”
“Our decision to formally accredit as a Living Wage employer is our way of stating publicly that promise to our employees and to the wider world that this is what we [PacSol] stand for. ”

Katherine Chapman, Director, Living Wage Foundation said:
“We’re delighted that PacSol has joined the movement of over 15,000 responsible employers across the UK who voluntarily commit to go further than the government minimum to make sure all their staff earn enough to live on.”
“They join thousands of small businesses, as well as household names such as Burberry, Barclays, Everton Football Club and many more. These businesses recognise that paying the real Living Wage is the mark of a responsible employer and they, like PacSol, believe that a hard day’s work deserves a fair day’s pay."

About PacSol
PacSol has succeeded in providing high quality, professional and personal services to businesses across the UK from SMEs to global corporations for the last 29 years. Having initially developed their own best in class document management application for IBM iSeries, PacSol have continued to provide reliable, cost-effective and secure business solutions across many industries including finance, recruitment, retail and insurance.

PacSol no longer limits their digital transformation expertise to the IBM platform and now works with vendors such as DocuWare, Tungsten Automation, IBM, Zeendoc and Agilico (Invu) to provide clients with the most appropriate, sustainable and efficient digital transformation services, saving clients both time and money. All delivered and supported by our professional, experienced and personal PacSol team.

To find out more about PacSol, our digital transformation services and how capture, secure centralised storage and process automation can benefit any business, please visit our website.

About the Living Wage
The real Living Wage is the only rate calculated according to what people need to make ends meet. It provides a voluntary benchmark for employers that choose to take a stand by ensuring their staff earn a wage that meets the costs and pressures they face in their everyday lives.

The UK Living Wage is currently £12.60 per hour. There is a separate London Living Wage rate of £13.85 per hour to reflect the higher costs of transport, childcare and housing in the capital. These figures are calculated annually by the Resolution Foundation and overseen by the Living Wage Commission, based on the best available evidence on living standards in London and the UK.

The Living Wage Foundation is the organisation at the heart of the movement of businesses, organisations and individuals who campaign for the simple idea that a hard day’s work deserves a fair day’s pay. The Living Wage Foundation receives guidance and advice from the Living Wage Advisory Council. The Foundation is supported by our principal partners: Aviva; IKEA; Joseph Rowntree Foundation; KPMG; Linklaters; Nationwide; Nestle; Resolution Foundation; Oxfam; Trust for London; People’s Health Trust; and Queen Mary University of London.

What about the Government’s national living wage?
In July 2015 the Chancellor of the Exchequer announced that the UK Government would introduce a compulsory ‘National Living Wage’, this was introduced in April 2016 and applied to all workers over the age of 25.

From 1st April 2024, workers aged 21 and over will be entitled to the National Living Wage which is £11.44 an hour. The Government's rate is different to the Living Wage rates calculated by the Living Wage Foundation. The ‘National Living Wage’ is a legal minimum and is based on percentage of average earnings, whereas the Living Wage Foundation’s real Living Wage rates are voluntarily paid by employers. Our rates are independently calculated, updated annually according to the cost of living and apply to anyone aged 18 and over. The ‘National Living Wage’ also does not have a separate rate which accounts for higher living costs in the capital. A UK worker paid the real Living Wage earns an extra £2,262 a year more than someone on the ‘National Living Wage’. The ‘National Living Wage’ also does not have a separate rate which accounts for higher living costs in the capital. Workers on a London Living Wage earn an extra £4,700 a year more than a worker paid the ‘National Living Wage’.