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Novus Health becomes first Living Pension Employer in Wakefield

13 May 2024

Novus Health has become the first Living Pension Employer in Wakefield, as well as the first in West Yorkshire. The independent health provider – which delivers free audiology, physiotherapy and dermatology services to Wakefield residents on behalf of the NHS – employs 65 members of staff from its headquarters in Horbury and four local health and wellbeing hubs across the district.

The Living Pension standard will provide stability and security for all Novus Health staff, both now and in the future. This voluntary savings target for employers is designed to help workers build up a pension pot that will provide enough income to meet basic everyday needs in retirement. It is independently calculated based on the real cost of living. All new employees joining Novus Health will automatically be enrolled on the Living Pension.

Novus Health is already one of 14,000 businesses nationwide who have voluntarily signed up as a Real Living Wage Employer, meaning they pay their staff more than the statutory minimum rates of pay set out by the government. Accredited employers are committed to paying their staff a ‘real’ and realistic wage which reflects recent cost of living increases and meets everyday needs, like the weekly shop or a surprise trip to the dentist.

Chief Executive of Novus Health, Luke Streeting, said: “Our commitment to provide the Living Pension to our employees is a very important step to ensure all our staff can look forward to a decent standard of living in retirement."

For more information and the source: Novus Health becomes first Living Pension Employer in Wakefield (wakefieldexpress.co.uk)

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