Living Wage Week 2020 takes place between 9 and 15 November. With the impact of the pandemic deepening many social issues and inequalities across society, our support for the Living Wage is one of several ways in which we’re showing our commitment to promoting a fair and inclusive future for those within the communities where we operate.
We extended our commitment with our support of a new ‘toolkit for responsible investors’ by the Living Wage Foundation, launched in partnership with ShareAction. The toolkit provides industry analysis and company case studies, looking at the potential benefits of businesses becoming Living Wage employers. It aims to promote the growth of Living Wage accreditations and the number of workers benefiting from what an accreditation offers.
The current environment is challenging for many workers, but particularly for young people starting out in their careers – and investing in their skills has an important part to play in the long-term economic recovery.
We’ve maintained our commitment to our summer internship and graduate programmes. In September we welcomed 28 new graduates, placing them in roles across our business. For interns who were due to start in Summer 2020, we have agreed to honour their placements but defer the start to 2021, with the aim of providing them with the best experience possible. And through our traineeship programme, we are continuing to offer school and college leavers access to structured training, the opportunity for qualifications and a salary above the Living Wage. 22 trainees joined us in October.
We have an even bigger impact when we work with partners. We collaborate with Career Ready, The Prince’s Trust and The Sutton Trust to support young people in building skills, confidence and connections to enter the world of work. In November we also became one of the first employers backing the Young Person’s Guarantee – a commitment to five pledges that will help ensure, for all young people in Scotland aged from 16 to 24, opportunities for work, education or training.
Nicole Wallace joined our company as a school leaver in 2017, through our traineeship programme. Reflecting on her experiences since joining, Nicole said:
Copyright © abrdn plc 2023. All rights reserved.
abrdn plc is registered in Scotland (SC286832) at 1 George Street, Edinburgh, EH2 2LL