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FOR IMMEDIATE RELEASE

TECHSiL Celebrates Commitment to Real Living Wage

West Midlands, 11 October 2024 

TECHSiL Ltd , a leading provider of innovative technology solutions, is excited to announce its accreditation by the Living Wage Foundation. This esteemed recognition highlights TECHSiL’s commitment to fair pay and its unwavering dedication to the well-being of its employees.

The Living Wage Foundation accreditation is granted to employers who voluntarily choose to pay their staff a real Living Wage, which exceeds the government minimum. By becoming a Living Wage employer, TECHSiL reaffirms its long-standing priority of ensuring the welfare of its employees.

Effective immediately, all TECHSiL employees will receive a minimum hourly wage of £12, surpassing the government minimum for individuals over 21, which currently stands at £11.44 per hour. This commitment is particularly significant in the West Midlands, where 14.2% of workers earn below what is necessary to get by, with approximately 334,000 jobs paying less than the real Living Wage. TECHSiL’s decision to implement the real Living Wage underscores its commitment to delivering fair compensation for hard work.

The real Living Wage is the only rate calculated based on the cost of living, providing a voluntary benchmark for employers who wish to ensure that their staff earn a wage that allows them to live, rather than merely meeting the government minimum. Since the inception of the Living Wage movement in 2011, over 460,000 individuals have benefited from a pay rise, contributing an additional £3 billion to the pockets of low-paid workers. With this accreditation, TECHSiL guarantees that all employees, including contracted staff, will receive compensation that meets the real cost of living, promoting financial stability and overall well-being.

As one of the few adhesive specialist companies to receive this accreditation, TECHSiL sets a significant benchmark within the industry, demonstrating that ethical business practices and commercial success can coexist.

Mark Rice, Finance Director of TECHSiL, expressed his enthusiasm: “We are thrilled to be accredited by the Living Wage Foundation. This achievement reflects our core values and our commitment to our employees. We believe that paying a fair wage is not only the right thing to do but is also essential for fostering a motivated and dedicated workforce.”

Katherine Chapman, Director of the Living Wage Foundation, commented: “We’re delighted that TECHSiL has joined the movement of over 14,000 responsible employers across the UK who voluntarily commit to go further than the government minimum to ensure 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 recognize that paying the real Living Wage is the mark of a responsible employer and, like TECHSiL, believe that a hard day’s work deserves a fair day’s pay.”

For more information about TECHSiL’s commitment to fair wages or to arrange an interview, please contact:

TECHSiL,
Unit 34 Bidavon Industrial Estate 
Waterloo Road ,
Bidford on Avon, B50 4JN

+44 (0) 1789 774 244
marketing@techsil.co.uk