The Living Wage Foundation is pleased to announce that Cannon & Cannon Fine Foods Ltd has become accredited as a Living Wage employer.
Cannon & Cannon is the UK’s leading retailer and wholesaler of British cured meat, operating from a base in London’s Borough Market. The company promotes and showcases the very best British charcuterie, building amarket for this premium artisan product in retail markets, delicatessens, restaurants, hotels and bars across the UK. They work closely with producers from near Fort William in the Highlands of Scotland to Bude in Cornwall.
The Living Wage commitment will see everyone working at Cannon & Cannon, regardless of whether they are permanent employees or third-party contractors; receive a minimum hourly wage of £9.40 – significantly higher than the national minimum wage of £6.70 and the new minimum wage premium for over 25s of £7.20 per hour set to be introduced this April.
The Living Wage is an hourly rate set independently and updated annually. The Living Wage is calculated according to the basic cost of living using the ‘Minimum Income Standard’ for the UK. Decisions about what to include in this standard are set by the public; it is a social consensus about what people need to make ends meet.
Jamie Wallace, Director at Cannon & Cannon said “Small trading businesses like ours are run on very tightmargins, but ultimately a business is no more than the sum of the people who work there. It’s our obligation to ensure that our colleagues are paid enough to cover their reasonable costs of living, particularly in an expensive city like London. That’s why we’re delighted to become an accredited London Living Wage employer, and believe it will make good business sense for us in the long run”.
Employers choose to pay the Living Wage on a voluntary basis. The Living Wage enjoys cross party support, with public backing from the Prime Minister and the Leader of the Opposition.
Living Wage Foundation Director, Katherine Chapman said: “We are delighted to welcome Cannon & Cannon to the Living Wage movement as an accredited employer.
“The best employers are voluntarily signing up to pay the Living Wage now. The Living Wage is a robust calculation that reflects the real cost of living, rewarding a hard day’s work with a fair day’s pay.
“We have accredited over 2,000 leading employers, including Cannon & Cannon, ranging from independent printers, bookshops and breweries, to well-known companies such as Nationwide, Aviva and SSE. These businesses recognise that clinging to the national minimum wage is not good for business. Customers expect better than that.”
For further information:
Esmat Jeraj, 07809608786, firstname.lastname@example.org
Cannon & Cannon
Jamie Wallace, 0776 263 1223, email@example.com