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KPMG’s experience of Living Wage

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Presentation on theme: "KPMG’s experience of Living Wage"— Presentation transcript:

1 KPMG’s experience of Living Wage
Turnover down • Cleaners turnover fell from 44% to 27% in year 1 • Security turnover 21%, 10% better than industry average • Catering turnover half the industry average, absenteeism down 10% Quality up • Job satisfaction and variety of work up • Fewer helpdesk complaints • Positive client feedback • Better relationships with contractors £75k annual saving in recruitment budget ~£1m advertising value equivalent from good press “It’s made things so much easier…not coming home and being stressed with having £10 to last the next two weeks. It’s the stress more than anything” Zara “Before, I had to work two jobs to put food on the table and pay the rent. I had no time for my family or my community. When the Living Wage was introduced I was able to prioritise the one job and that means I’ve been able to be there for my family and set up a youth group in my community. What I’ve been given, I’m now able to give back.” Amin Hussein, Cleaner and Youth Worker


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