A Living Wage Employer is an employer that acts responsibly and cares about the well-being of both their employees and the community these employees live in. LW Employers exists to foster this employer-employee relationship throughout the entire country.
Tamara Vrooman, Vancity CEO, Patrice Pratt, Vancity Chair and Michael McCarthy Flynn, Living Wage for Families Campaign at the official announcement of Vancity’s Living Wage Employer status.
Toby Barazzuol, founder of Eclipse Awards being awarded Living Wage Employer status by Living Wage for Families Organizer, Michael McCarthy Flynn.
Benefits of becoming a Living Wage Employer
A Living Wage Employer is a responsible employer who cares about their employees and the community. They recognize that paying a living wage constitutes a critical investment in the long-term prosperity of the economy by fostering a dedicated, skilled and healthy workforce.
- Employees who earn a living wage experience increased mental and physical health, and economic wellbeing
- LW Employers receive public recognition for demonstrating a commitment to socially responsible practices, making them more attractive to potential employees and customers
- Employers paying a living wage experience a decrease in employee turnover and absenteeism, increased retention and productivity, savings on rehiring and retraining
- Enhances employee recruitment strategy for lower paying occupations
- Recognition on Living Wage publications and website
- As Living Wage policies have been in place around the world for over 15 years there is now a large body of research which documents the positive economic and social effects of paying a Living Wage. Click on benefits of becoming a Living Wage Employer to find out more.
Living Wage Employers agree to adhere to the following criteria:
- All employees (full-time, part-time and casual) must be paid the current living wage rate for Metro Vancouver. This is currently $18.81 per hour – Click here to find out how this figure is calculated.
- If you pay non-mandatory benefits to your employees, the living wage hourly rate will be reduced to take account of this.
- Externally contracted staff, who are not direct employees, who provide services to your organization on a regular ongoing basis must also be paid a living wage.
- Employees paid by incentive-based pay (tips) or commission can be paid less than a living wage provided their total earnings (including incentive-based pay and/or commission) equal or exceed the living wage.
Watch A Living Wage Video To Find Out More