Aviva and Standard Life Aberdeen have committed to guaranteed minimum hours and minimum standards on notice periods for shifts and payment if shifts are cancelled.
Aviva and Standard Life Aberdeen have announced that they have become the first accredited Living Hours employers, guaranteeing hours as well as a living wage.
Living Hours employers guarantee a stable minimum number of working hours each week. This sits alongside a commitment to a real Living Wage – currently £9.30 in the UK or £10.75 in London.
The Living Wage Foundation has developed the new accreditation. Under it, employers commit to providing at least four weeks’ notice for every shift, with guaranteed payment if shifts are cancelled within this notice period, a guaranteed minimum of 16 working hours every week (unless the worker requests otherwise) and a contract that accurately reflects hours worked.
Danielle Harmer, Chief People Officer, Aviva, said: “It’s time to put an end to insecure working contracts with unpredictable hours. Now more than ever, with so many facing uncertainty, being unable to rely on a steady income – even in the short term – is adding to the stress people are experiencing. Living Hours play a crucial role in providing people with financial security, clarity and certainty.”
The real Living Wage is an hourly rate of pay set independently and updated annually and is calculated according to the basic cost of living in the UK. Employers choose to pay it on a voluntary basis. According to the Living Wage Foundation, since 2001 the campaign has impacted over 200,000 employees and delivered over £1bn extra to some of the lowest paid workers in the UK. It differs from the Government’s ‘National Living Wage’ which is a lower amount.