Following the decision to become an Employee Owned Trust in 2021, Talbots Law has become an officially accredited Living Wage Employer – only the fifth law firm in the region to take this stance.
The move cements a commitment to pay its employees above market rate salaries to acknowledge the true cost of living and working in the UK.
It means the firm, which employs 300 people across seven offices in the West Midlands, joins an elite list of 9,000 UK businesses who have made the commitment, including major brands such as Ikea, Nestle, KPMG, Everton Football Club, Taylor Wimpey and Persimmon Homes.
Almost a fifth of all workers (19.3 per cent) in the West Midlands earn less than they need to earn to get by, with around 434,000 jobs paying less than the real Living Wage.
This is why bosses at Talbots have committed to paying their staff the real Living Wage and deliver a fair day’s pay for a hard day’s work.
Commitment to The Living Wage means paying an hourly rate that is significantly over and above the National Minimum Wage for each employee, meaning staff will be paid a minimum of 9.90 per hour.
Dave Hodgetts, chief executive of Talbots Law, said: “As a management team we’ve made a commitment to continue our ethos of putting our people at the heart of our business, so the decision to attain accredited Living Wage Employer status was a no-brainer.
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