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Mayor of London launched Good Work Standard scheme for employers to drive up wages and conditions for workers in the capital.
The Mayor of London has launched a benchmark for better employment standards, including fair pay.
A range of public, private and third-sector employers have already signed up to the Good Work Standard scheme. These include major financial firms EY, KPMG and Schroders, electronics retailer Richer Sounds, family-run care provider SilverBirch Healthcare, London City Airport, Unison, several London boroughs and the functional bodies in the Greater London Authority family (including the Metropolitan Police Service, Transport for London and London Fire Brigade).
The Good Work Standard has a set of criteria covering fair pay and conditions, wellbeing, skills and progression and diversity and recruitment. It has been developed in collaboration with London’s employers, trade unions and professional bodies and sets the benchmark the Mayor wants every London employer to achieve, including paying all staff at least the London Living Wage, currently £10.55 an hour.
While setting a high bar for accredited employers, the Mayor’s office says it also brings together best practice and support from across London. It has the support of the Chartered Institute of Personnel and Development (CIPD), which is developing a toolkit for organisations who wish to take part.
The Mayor, Sadiq Khan, says the Good Work Standard will bring a range of benefits for employers, including helping them to attract and retain talent, reduce absenteeism and achieve higher levels of employee engagement, motivation, and productivity.
To sit alongside the Good Work Standard, the Mayor will soon launch the Employment Rights Hub, which will help Londoners understand their rights at work and what action is available to them when those rights are infringed upon.
Sadiq Khan said: “The Good Work Standard will play a key role in tackling poverty and inequality in London. I’m calling on employers across our city to play their part – to pay the London Living Wage, to pursue greater diversity at senior levels, to achieve the highest standards in wellbeing and training, and to ensure that their workers have a voice in the workplace.”