Employers say living wage good for business

Employers say living wage good for business
Service sector employers say paying staff the living wage keeps workers and customers loyal and happy. (Image: Getty)
Jem Traylen
Paying a living wage can be critical to business success, say employers who are paying traditional minimum wage workers such as cleaners $3.30 more than what is legally required.The 370 employers who are accredited by Living Wage Movement Aotearoa pay a minimum wage based on what researchers calculate an average couple with two children, working 60 hours a week between them, need to cover reasonable living costs plus a 3% Kiwisaver contribution.The number crunching exercise is done every five years and then updated with an annual cost of living...

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