Originally, the Salters' Company included individuals whose trades involved the usage of salts and the preparation of chemical mixtures for use in food. As with many other livery companies, the Salters' Company has lost its direct connection to its original trade. Currently, however, the company supports the chemical industry and supports education in chemistry, for example by awarding scholarships to chemistry students. Furthermore, it is a charitable organization.
In the order of precedence for Livery Companies, the Salters' Company ranks ninth, making it one of the "Great Twelve City Livery Companies". The Company's motto is Sal Sapit Omnia, Latin for Wit Sees All -- or Salt Sees All.