We are a not for personal profit company. This means that directors are paid a salary just like other employees and any profit made is used to grow the company and further support our great charities. As truth is one of our founding principles we are passionate about transparency within the business. Below you can see what these salaries are for everyone in the company, and also you can view our financial history as a company (pre Gift Economy) and we will continue to upload all of our end of year reports going forwards. We feel strongly that high director wages do not support our ethics and that directors or shareholders will never get rich from the donations you choose to give the company.
We have spent a lot of time deciding which business/charity model best fits what we want to achieve. When your main business activity is the "retailing products" you can't legally register as a charity. Although we considered changing to a Community Interest Company or C.I.C we have decided that staying as a limited company gives us the best flexibility and control over the company, our goals and motivations are the same regardless of our classification.
To help customers understand what goes into the calculation of our "ACTUAL COST", we created the below infographic. Our actual cost is the amount that we need to receive from every customer in a year to operate at just above break-even. This figure although accurately calculated, depends heavily on how busy we are day to day. For example, in a typical day, we can take anywhere between £300-£1500 in donations. So, if we need a minimum of 4 staff on to operate our store, the cost of the meal is hugely affected by the amount of people that order from our store that day.
LIVING WAGE EMPLOYER
Happy Maki has always put ethics at the heart of what we do, with a review of our employment ethics in 2018 we became a Living Wage Employer. This involves working with the Living Wage Foundation to ensure we pay the real living wage ensuring the employment we oﬀer allows our staﬀ to live a well-balanced lifestyle, with wages that meet the cost of living, not just the government minimum living wage & staﬀ welfare.
Kitchen Assistant hourly rates are £10.90 an hour, plus holiday pay. On top of a living wage, each staﬀ member is gifted a meal for the shift that they work. Hospitality and catering work is very labour intensive and so companies often make cuts on labour costs to save/make money. We don't feel that just paying the living wage is very generous nor does it properly reﬂect the amount of work that is put in. At Happy Maki everyone is expected to take on a similar level of responsibility and quality of work, this is reﬂected in the amount that we pay our team.