There has been a resolution tabled by The Celtic Trust that “The board take steps to make Celtic a Living Wage employer”. The resolution will be voted on at the upcoming AGM. TCN would like to take this opportunity to gauge our members and other Celtic fans opinion on this matter. It has been estimated that paying a living wage would cost Celtic £120,000 pa.
Before you vote please read the following; (originally published by BBC http://www.bbc.co.uk/news/business-20204594 )
What is the difference between the living wage and the national minimum wage?
The living wage is an informal benchmark, not a legally enforceable minimum level of pay, like the national minimum wage.
The national minimum wage is set by the chancellor of the exchequer each year on the advice of the Low Pay Commission. It is enforced by HM Revenue & Customs (HMRC).
The living wage is currently calculated by the Centre for Research in Social Policy at Loughborough University, while the London living wage has been calculated by the GLA since 2005.
The basic idea is that these are the minimum pay rates needed to let workers lead a decent life.
How much is it, exactly?
The living wage is now set at £8.55 an hour in London and £7.45 an hour in the rest of the UK.
By comparison, the national minimum wage is significantly lower. From 1st October, 2013 the national minimum wage will be £6.31 an hour for adults, and £5.03 for those aged 18 to 21.
Please feel free to also give us your opinions in the comments section.
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