As many of you will be aware the Chancellor of the Exchequer announced the implementation of a National Living Wage taking effect on April 1st.
As a result, a legal minimum pay rate of £7.20 per hour must now be paid to everyone aged 25 or over in employment in the UK. For people aged under 25, the National Minimum Wage legislation still applies; the current National Minimum Wage rate is £6.70 per hour and will increase to £6.95 per hour with effect from October 1st.
We recognise that our staff teams play a crucial role in making a difference to the lives of the people we support. Without their ongoing dedication and commitment we would not be able to continue to deliver amazing outcomes for the each individual.
Although the financial conditions in which Lifeways operates are increasingly challenging, due in particular to the affordability constraints placed upon our Local Authority and Clinical Commissioning Group customers, we are committed to offering and maintaining the most attractive pay arrangements we can for all Lifeways employees.
With this objective in mind, with effect from April 1st, a minimum basic hourly pay rate of £7.25 per hour is in place for all Lifeways Group employees aged 25 and over. In addition, we have also worked hard to secure a better deal for our employees aged under 25. This results is a pay increase to £7.00 per hour as a minimum basic hourly rate. Our ambition, through the establishment of Group wide minimum pay rates that are above the new legal requirements, is to position Lifeways competitively in all locations in which we operate.
In this way, we are striving continuously to reinforce engagement with our existing staff, as well as strengthen and sustain our appeal to future recruits, with the ultimate objective of delivering the best possible care we can, to the people that depend upon us.