Everton FC Pioneers Living Pension Scheme for Staff
Table of Contents
- 1. Everton FC Pioneers Living Pension Scheme for Staff
- 2. What are the key differences between the national minimum wage and the real living wage, and how does Everton’s commitment align with fair employment practices?
- 3. Everton commits to Living Wage and Pension Scheme
- 4. What the New commitment Means for Everton Staff
- 5. Understanding the Real Living Wage vs. Minimum Wage
- 6. The Details of Everton’s New Pension scheme
- 7. Benefits of a Living Wage and Pension Scheme for Employees
- 8. The Wider Impact on the Football Industry & Corporate Social Duty
- 9. How This Compares to Other Premier League Clubs
- 10. resources for Employees & Further Information
In a landmark move for the Premier League,Everton Football Club has become the first to adopt the Living Wage Foundation’s pension scheme,extending financial security to its workforce beyond standard retirement provisions.
The initiative aims to bolster the retirement savings of employees, including vital backroom staff and matchday personnel, ensuring a more comfortable standard of living in their later years. This commitment comes as Everton prepares for a new era, kicking off the season in its state-of-the-art £750 million stadium at Bramley-Moore Dock, marking a meaningful transition from its historic Goodison Park home.
“With the backing of our new owners, TFG, we’re proud to take this crucial step in enhancing the retirement prospects of our dedicated colleagues,” stated Alison Haynes, Everton FC’s Chief Tax and People Officer. The club’s decision reflects a proactive approach to employee wellbeing, exceeding the minimum legal requirements for pension contributions.
The Living Pension is a voluntary scheme designed to encourage employers to address the issue of insufficient pension savings. Katherine Chapman, Director of the living Wage Foundation, lauded Everton’s commitment, saying the club “is sending a powerful message that everyone should have a decent standard of living, now and in the future.” She emphasized the scheme’s role in providing “a retirement where they can live with dignity and security,” mirroring the Living Wage’s focus on meeting everyday needs.
everton’s full-time staff will now benefit from a total annual pension contribution of at least £2,950, with the club contributing a minimum of £1,720 annually. These contributions will be adjusted proportionally for part-time employees, ensuring equitable access to the enhanced pension benefits. This move underscores Everton’s dedication to supporting its workforce, not just during their employment, but also throughout their retirement.
What are the key differences between the national minimum wage and the real living wage, and how does Everton’s commitment align with fair employment practices?
Everton commits to Living Wage and Pension Scheme
What the New commitment Means for Everton Staff
everton Football Club has recently announced a notable step forward in employee welfare: a commitment to paying all staff a real living wage and establishing a complete pension scheme. this move positions Everton as a leader in ethical employment practices within the Premier league and the wider football industry. The decision impacts all directly employed staff, from stadium personnel to administrative teams, and reflects a growing awareness of the importance of financial security for workers.
Understanding the Real Living Wage vs. Minimum Wage
It’s crucial to understand the difference between the national minimum wage and the real living wage. The national minimum wage is a legally mandated floor set by the government. however, the real living wage, calculated independently based on the actual cost of living, is substantially higher.
Here’s a breakdown (as of August 2025):
National Minimum Wage (age 21+): £11.44 per hour (as of April 2024,subject to change)
Real Living Wage (UK-wide): £12.00 per hour (as of October 2023, subject to annual review)
Real living Wage (London): £13.15 per hour (as of October 2023, subject to annual review)
Everton’s commitment ensures all employees earn at least the real living wage, providing a more sustainable income to cover essential expenses. This is a key aspect of fair employment practices.
The Details of Everton’s New Pension scheme
Alongside the living wage commitment, Everton is introducing a new workplace pension scheme. This scheme will automatically enroll eligible employees,offering a valuable long-term savings vehicle for retirement.
Key features of the scheme include:
- Employer Contributions: Everton will contribute a percentage of each employee’s salary to the pension fund, boosting their retirement savings. Specific contribution levels haven’t been publicly disclosed but are expected to be competitive with industry standards.
- Employee Contributions: Employees will also have the option to contribute a portion of their earnings, often with tax relief benefits.
- Investment Options: The scheme will offer a range of investment options to suit different risk tolerances and retirement goals.
- Financial Education: everton plans to provide resources and guidance to help employees understand their pension options and make informed decisions. This is a vital component of financial wellbeing initiatives.
Benefits of a Living Wage and Pension Scheme for Employees
The benefits of these changes extend far beyond just a paycheck. A living wage and a robust pension plan contribute to:
Improved Financial Stability: Reduced financial stress and increased ability to meet essential needs.
Enhanced Employee Morale: Feeling valued and respected by their employer.
Increased Productivity: Happier,more secure employees are often more engaged and productive.
Reduced employee Turnover: Attracting and retaining talented staff.
Better Health and Wellbeing: Financial security is directly linked to improved mental and physical health.
Everton’s decision sets a positive precedent for other football clubs and organizations. It demonstrates a commitment to corporate social responsibility (CSR) and ethical business practices. The move aligns with growing public expectations for businesses to prioritize the wellbeing of their workforce.
other clubs are facing increasing scrutiny regarding player wages and staff compensation. Everton’s proactive approach could encourage others to follow suit, leading to a more equitable and sustainable football ecosystem. This also enhances the club’s brand reputation and appeal to socially conscious fans.
How This Compares to Other Premier League Clubs
While details are constantly evolving,Everton is among the first premier League clubs to publicly commit to both a real living wage and a comprehensive pension scheme for all staff. Many clubs pay the national minimum wage, and pension schemes often exclude lower-paid or part-time employees. This positions Everton as a progressive employer within the league. further research into Premier League wages and benefits reveals a significant disparity in treatment of staff across different clubs.
resources for Employees & Further Information
The Living Wage Foundation: https://www.livingwage.org.uk/
Pension Wise: https://www.moneyhelper.org.uk/en/pensions-and-retirement
* Everton Football Club Official Website: (For specific details on the new scheme – check the careers section)