Published: 1st Aug 2019

The Mayor of London Sadiq Khan has launched the ‘Good Work Standard’ to benchmark employment standards and tackle inequality. To receive the accreditation, an employer must meet a set of criteria covering fair pay and conditions, wellbeing, skills, 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. According the Mayor, achieving the Good Work Standard will bring a range of benefits such as making it easier to attract and retain talent, reduced absenteeism, and will help employers achieve higher levels of employee engagement, motivation, and productivity. A range of public, private and third-sector employers have already signed up to the scheme including major financial firms EY, KPMG and Schroders, electronics retailer Richer Sounds, family-run care provider … (To read the full article, subscribe below)