RUA Life Sciences and its 4 subsidiaries (RUA Medical Devices, RUA Vascular, RUA Structural Heart and RUA Biomaterials) have become accredited as Living Wage employers.
Their Living Wage commitment will see everyone working at the RUA Life Sciences group of companies receive a minimum hourly wage of £9.50. This rate is higher than the statutory minimum for over 23s of
£8.91 per hour introduced in April 2021.
The real Living Wage is an hourly rate set independently and updated annually. The Living Wage is calculated according to the real costs of living.
Employers choose to pay the real Living Wage on a voluntary basis, recognising the value of their workers and ensuring that a hard day’s work receives a fair day’s pay. Right now, is when standing by these values matters the most and employers who do right by workers and families are the ones that will help lead us through and out of this crisis.
Caroline Stretton, CEO of RUA Medical Devices and COO of RUA Life Sciences said:
“The most successful businesses are ones that embrace the employee experience and protect employee wellbeing. Paying a living wage ensures we directly invest in the health and wellbeing of our employees and improve their quality of life. Receiving accreditation from Living Wage Scotland also represents to potential clients that our employees are properly remunerated, and promotes a more productive and innovative business since we have a happier, motivated and loyal workforce”
Peter Kelly, Director of the Poverty Alliance said:
“The real Living Wage is one of the key tools at our disposal to help make an impact on levels of in-work poverty in Scotland. The pandemic has shown just how much we need each other to get by and has shone a light on the crucial role of keyworkers. Payment of the real Living Wage allows those in work to become more included in society, better provide for their families, and feel that their value and hard work is recognised by their employer. We are delighted to congratulate the RUA Life Sciences group of companies on becoming Living Wage employers. I hope more organisations follow their lead by becoming accredited”.
Lynn Anderson, Living Wage Scotland Manager said:
“We are delighted to welcome the RUA Life Sciences group of companies to the Living Wage movement.
We are a movement of over 1900 Scottish employers who together want to go further than the government minimum to make sure that everyone can earn a decent standard of living and families have what they need to thrive. Our network includes lots of smaller employers as well as larger and iconic Scottish employers like SSE, Standard Life Aberdeen, Barrs, Brewdog, D.C. Thomson and many more.
Employers like the RUA Life Sciences group of companies are helping to set the standard for business in Britain by making sure that workers have what they need to get by and we hope to see many more employers following their example.