Great Britain: the Living Wage Foundation encourages employers to commit to employee pensions savings

Set up as a private organisation in 2011, the Living Wage Foundation promotes the implementation of the Living Wage and issues an accreditation to employers committed to providing the Living Wage. Going forward, the organisation is providing companies with an opportunity to voluntarily join the Living Pension label under the Living Pension Employer Standard. In doing so businesses commit to contributing at least 7% of the employee’s annual salary to a pension fund and ensuring that the...