Embracing its employee ownership, the Partnership has joined 14,000 businesses in the UK that recognise and address the true cost of living.
The Alan Nuttall Partnership has become an accredited Living Wage Employer, paying all its Partners (employees) at least the Real Living Wage.
The announcement comes during UK Living Wage Week, 6th-12th November 2023, the annual celebration of the Living Wage movement and just two weeks after the announcement of the latest Living Wage rates. Announced on 24th October, the new 2023-24 Real Living Wage rates are £12 across the UK, £13.15 in London.
The Partnership is an Employee Ownership Trust (EOT) comprising two innovative brands, Flexeserve – industry leaders in hot-holding and food-to-go, and Nuttall – specialists in retail environments. Staying at the forefront in all aspects of business, this new accreditation ensures that the company supports its team in the best way possible.
Jamie Joyce, Joint CEO of the Partnership and Global CEO of Flexeserve, said: “We are proud to lead our industry in a variety of ways, and it means a great deal to us to now be an accredited Living Wage Employer. This demonstrates our commitment to supporting each of our Partners in their wellbeing and helping them achieve their potential.”
The Real Living Wage is the only UK wage rate based on the actual cost of living. Annual rates are calculated by the Resolution Foundation based on a basket of everyday goods and overseen by the Living Wage Commission. Accreditation is awarded by the Living Wage Foundation to employers who pay this as a minimum.
Matt Hornblower, Joint CEO of the Partnership and CEO of Nuttall, said: “The cost of living has increased significantly in recent years, even preceding the current cost of living crisis. This is one aspect of why we believe that paying the Real Living Wage is so important. The Partnership recognises these continually inflating expenses and the potential impact on a person’s financial stability and, consequently, their private and professional life.”
The company has focused on developing the support it offers its team – truly embracing employee ownership. It has done this through designing industry-leading benefits for all employees and investing in dedicated Partner facilities.
Recently, the Partnership’s ‘Achieving Balance’ initiative saw it introduce pioneering benefits and policies across the entire business – making it a leading employer within manufacturing. These improvements included standardised hours, breaks and pay; an industry-leading pension; equal Partnership dividend for all; an enhanced maternity and paternity policy; and mental and occupational health support.
Hayley Evans, the Partnership’s Head of People, said: “There are many ways in which a business can support its Partners, and we know the results speak for themselves. However, achieving this nationally recognised accreditation is a formal and fundamental step for us and one we believe more businesses should adopt.
“With remuneration that reflects today’s living costs, we are helping to reduce a stress that most of us experience – directly improving wellbeing. This is just one of the ways we help our team. All Partners also have access to a confidential support service that provides advice on financial issues and a range of other personal matters.”
To find out more about The Alan Nuttall Partnership and our brands, please contact us.