All staff over the age of 18, whether full-or part-time, will be paid a minimum wage of £8.45 an hour in Glasgow and £9.75 in London.
The government's current minimum wage legislation requires companies to pay workers over 25 7.50 per hour. Clyde senior director Mike Stephen said that this was a step in the right direction but Clyde wanted to go further. “The Living Wage is better. It’s an advance in the government’s policy,” he said.
The company has implemented the Scottish Living Wage in 2012, and advanced onto the Living Wage Foundation in May this year. The Scottish Living Wage was established in 2007 and states that all staff should be paid the minimum of £7.20 an hour.
As a result of the company becoming a Living Wage Foundation employer, 10%-20% of the company’s workforce has benefitted.
Stephen added: “The success of our team relies on good teamwork and so we’ve got to try and keep them together and keep them motivated.”
Director of Living Wage Foundation, Katherine Chapman welcomed Clyde as one “of over 3,000 UK employers who together want to go further than the government minimum to make sure all their staff earn enough to live on,” following in the footsteps of names such as IKEA, Aviva and Chelsea and Everton Football Club.
Established in 1977, Clyde Paper & Print is a paper merchant and print management company based in Glasgow. They specialise in arts and crafts for educational purposes alongside educational supplies such as textbooks as well as this they also do paper for print, wide format materials and specialist art materials. The focus currently and for the future is on wide format materials.