Although voluntary, the company believes it will enable them to attract and maintain people with engineering skills and those with a flair for design and product development. Priorclave is a progressive laboratory autoclave manufacturer with a global presence, shipping products from its London factory to virtually every country worldwide. “Skilled personnel able to work and take an active part in a busy manufacturing centre are essential to our growth, “comments Tony Collins, Managing Director. “By signing up to the London Living wage we are making a committed to help employees maintain a good standard of living, providing for themselves and their families”.
An independent study examining the business benefits of implementing a Living Wage policy in London found that more than 80% of employers believe that the Living Wage had enhanced the quality of the work of their staff, while absenteeism had fallen by approximately 25%. Two thirds of employers reported a significant impact on recruitment and retention within their organisation.