Please welcome former Second Shift employee and my sister-in-law, the incredible Sara Horowitz, to The Second Shift Podcast. Sara is a co-founder and CEO of The Living Wage Institute, which serves as a resource for employers and employees to ensure fair compensation practices and foster economic stability. At its core, the Institute advocates for implementing living wages, calculated based on the actual cost of living in a particular area. The Institute builds upon the Living Wage Calculator, a tool offering detailed insights into the income necessary to meet specific regions' needs like housing, food, healthcare, and transportation. For employers, embracing the living wage concept promotes social responsibility and enhances employee morale, productivity, and retention.
By ensuring that employees earn wages sufficient to support themselves and their families, businesses can cultivate a more engaged and satisfied workforce, ultimately contributing to long-term organizational success. Likewise, access to accurate information about living wages empowers employees to negotiate fair compensation and advocate for their financial well-being, fostering financial stability and upward mobility. The Living Wage Institute bridges the gap between employer practices and employee needs, driving positive social change and economic prosperity. If you are interested in learning more, you can check out https://www.livingwage.institute/
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