Living Wage Week 2018

Death of Her Majesty Queen Elizabeth II

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Death of Her Majesty Queen Elizabeth II

The staff at Franks & Co were saddened to learn of the death of Her Majesty Queen Elizabeth II. Our thoughts are with His Majesty King Charles III and the rest of the Royal Family.

The United Kingdom is now officially in a period of mourning until after the Queen’s state funeral which is to be held on Monday 19 September. Normal day-to-day business will continue throughout this period.

The UK government has declared the day of the funeral to be a national Bank Holiday, so the United Kingdom Intellectual Property Office will be closed on Monday 19 September.

The United Kingdom Intellectual Property Office’s official guidance on bank holidays is given below:

The office is deemed to be closed on weekends, Good Friday, Christmas Day and all England and Wales bank holidays for all types of business, except for the filing of new applications not claiming priority. If documents are filed for these types of business at times when the office is deemed to be closed, they will receive an official filing date of the next working day.

Any official time period which expires on a weekend or any other day on which the office is closed is extended to the next working day.

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Franks & Co are celebrating Living Wage Week 2018 as accredited Living Wage employers along with 4,400 other UK employers who have joined the Living Wage Movement.

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The Living Wage is a rate of pay based on the actual costs of living. As of Monday November 5, 2018 it was set by the Living Wage Foundation at £9.00 per hour for workers in Scotland, England and Wales and £10.55 for workers in London.

Unlike the Living Wage, the UK government’s national minimum wage is not calculated to reflect the actual cost of living. Many workers who earn less than the Living Wage report falling behind on household bills, skipping meals and having no savings or pension. The hardship caused by low pay means that 71% of low-paid parents report worrying so much that it affects their day-to-day lives.

There is a strong business case for paying the Living Wage. Better paid staff are more productive, take fewer days sick leave and are more focussed on their work. Paying the Living Wage can enhance a company’s reputation and increase staff motivation and retention. 93% of Living Wage employers say the Living Wage has benefited their business.

Franks & Co has made a commitment to always pay all staff at least the Living Wage and we would like to celebrate this commitment with our staff and the thousands of other Living Wage employers in the UK. We look forward to a growing community of like-minded businesses who are putting the welfare of their employees at the forefront of their business.

For more information about the Living Wage, please visit the Living Wage Foundation’s website at: https://www.livingwage.org.uk/

Article Published November 6, 2018