Signature Senior Lifestyle has announced an investment of more than £1.4 million in pay increases for its dedicated team members this year.
This investment follows a 10% increase to the company starting rate last year and means that from 1st April 2024 more than 97% of staff moved immediately to the Voluntary Living Wage Foundation rate or above.
The latest investment brings Signature Senior Lifestyle’s minimum starting rate for care roles up to at least £12.30 per hour or above – an increase of 12.8% from the previous minimum rate of £10.90 per hour.
Ancillary roles in Signature Senior Lifestyle’s ten homes are also benefiting from the investment, with pay uplifts of a further 10% for those roles that aligned with the minimum hourly rate, and average increases of 7.1%.
Earlier this year, Signature Senior Lifestyle also announced sector-leading employee retention rates of 96% per year for its new role of ‘Regional Carer’, twelve months after launching the new flexible workforce programme.
Signature Senior Lifestyle also offers hourly paid colleagues 25 days’ holiday (plus eight days’ bank holiday), growing with length of service up to 30 days’ holiday – a move announced in 2022 which has received positive staff feedback and contributed to outstanding retention rates across the organisation.
Kay Cox, Chief Executive Officer of Signature Senior Lifestyle, commented:
“At Signature Senior Lifestyle we create a workplace that cares as much for our team as we do for our residents, and so I am delighted to be able to announce a further £1.4 million investment in the pay of our team members.
Our investment in pay uplifts, and our record employee retention rates, demonstrate the success of our ongoing efforts to attract and retain top talent in the care industry. We remain committed to continuing to recognise and reward the hard work and dedication of those who deliver exceptional care with us.”
For more information about Signature Senior Lifestyle and its commitment to excellence in care and employment practices, visit the career website at: https://careers.signaturecarehomes.co.uk/.