Fair Pay Charter
Our Fair Pay Charter sets out a clear statement of our positive payment practice and approaches. Putting a framework around our policies on fair pay, to address different dimensions of fairness, provides evidence to existing and future colleagues, suppliers, investors and members that we’re a responsible employer and business. We have a strong commitment to fair pay and the fair pay charter allows us to describe this in a straightforward and transparent way.
We're committed to:
- paying at least the Real Living Wage, as set by the Living Wage Foundation, to colleagues and contractors;
- aligning executive directors’ and colleagues’ pension contributions;
- fair salaries based on role, skills, performance and external benchmarks;
- objective pay decisions made regardless of gender, age, ethnicity, disability, sexual orientation or any other protected characteristics;
- competitive total reward package for all colleagues. This includes a range of health and wellbeing options;
- listening to our colleagues through our Colleague Association for salary and reward decisions;
- helping colleagues understand how they are rewarded. This includes clear performance standards and feedback;
- equal opportunities for all, so everyone can progress their career;
- supporting colleagues to work flexibly, to balance both personal and business needs;
- providing time for colleagues to focus on career development; and
- pay which is accurate and on time.