Pension: Construction Firms and Share

pension: Signatories to the letters, coordinated by the Share Action campaign group, include the Strathclyde Pension Fund, which is run by Glasgow city council, Hermes Investment Management and Nest, the state-backed workplace pension scheme, according to The Guardian. The investors have also targeted construction firms, which are particularly vulnerable to precarious work and low pay Share Action said. The chief executives of the utilities firms Severn Trent and United Utilities, homeware retailer Dunelm Group and telecoms firm Vodafone have received letters saying that paying the living wage to all staff and key contractors is the hallmark of a responsible business. Along with Balfour Beatty, the chief executives of Bellway, Bovis Homes and Crest Nicholson have received the letters. More must pay it Paul Butler Read more Only 37 of the firms in the FTSE 100 are living wage-accredited employers, while the number of Britons earning less than the living wage has risen to around 6 million people, according to the Living Wage Foundation, which sets the voluntary pay benchmark. The living wage is a powerful weapon against poverty. (news.financializer.com). As reported in the news.