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...

More Ethical Business

Calling all chief executives
Work

Calling all chief executives

A new survey seeks deep insights from New Zealand CEOs.

Staff reporters 22 Oct 2024
Australia’s two largest supermarkets sued over fake-discount claims
Retail

Australia’s two largest supermarkets sued over fake-discount claims

Woolworths, Coles hiked prices, then cut them to create “illusory” discounts: regulator.

Ex-PwC boss to face the music for the first time
Ethical Business

Ex-PwC boss to face the music for the first time

After 15 months of silence, Tom Seymour will be forced to publicly explain himself.

AAP 02 Aug 2024