Vaultex
  • Home
  • About us
    • Who we are
    • Our values
    • Where we operate
    • Executive committee
  • Our services
    • What we do
    • Note & Coin Services
    • Vaultex view
  • Careers
    • Our culture
      • Diversity & inclusion
      • Wellbeing
      • Health & Safety
    • Working at Vaultex
      • Learning & Development
      • Talent Schemes
    • Reward & benefits
    • Job Opportunities
      • The Application Process
      • Inclusive Hiring
  • A Sustainable Future
    • Social Responsibility
    • The Green Path
    • Serving Our Communities
    • Our decarbonisation pledge
  • Accolades & Partnerships
  • Media centre
  • Governance
Vaultex
Vaultex
NEWS

The highest pay increase in Vaultex history

Published March 18, 2024

The highest pay increase in Vaultex history

As an employer that believes people should be paid fairly for what they do, we’re thrilled to continue our longstanding partnership with the Living Wage Foundation this April.

Vaultex have been a Living Wage Foundation accredited employer since 2016, meaning our salaries have met or exceeded the ‘real’ living wage for several years. It’s a rate that sits above the government-set national minimum wage, calculated on the current cost of living.

From next month we’re proud to deliver the highest pay increase in Vaultex history across our minimum salary scales; a move that also surpasses the current recommended Living Wage Foundation rates by 2.39%.

The increase means our minimum salary has grown by 34% since 2020. This is a figure that massively outperforms inflationary increases in the same timeframe, and equally, represents a significant commitment to our people that we’re immensely proud of. 

Recent News
What hasn’t changed (and what has)
27 July 2026

What hasn’t changed (and what has)

Two years with Chapter One
8 July 2026

Two years with Chapter One

Cash in reserve
22 June 2026

Cash in reserve

Media Centre

Contact Us

In all instances, please direct customer or banking related queries to your relationship manager or account holding branch.

For any other queries, choose a business area using the contact form provided and we will respond as soon as we can.

Vaultex-logo-white

Accessibility | Privacy & Cookie Policy | Terms of Use | News | Contact

©Vaultex UK Limited 2026. All rights reserved

Registered Address: All Saints Triangle, Caledonian Road, London, N1 9UT

Website by Fat Cow Media