A living wage is not enforced by an act or law;a living wage is merely a voluntary commitment and set by forward-thinking employers who want to guarantee that their hard working employees earn a decent living wage and hasa quality of life they deserve. A living wagetakes into consideration and includes most basic needs in addition to cost for clothing and personal belongings, basic transportation, medical and dental costs not typically covered, and even the chance to participate in occasional social activities because everyone should have the opportunity to be able to participate in their community.Unfortunately, a living wage still wouldn’t cover important costs such as paying a mortgage, saving for retirement or a child’s post-secondary education.
With well over 140 American cities and several Canadian municipalities, implementing a living wage is provingto show,with evidence,the many benefits to workers and employers; which then in returnis leading to stronger and healthier communities. A living wage for workers means an opportunity to rise out of poverty and ensure a fair chance at a better quality of life. A living wage for employers means less absenteeism, decreased turnover rates, lower recruitment and training costs, increased company morale, productivity, loyalty, and above all, recognition for being a responsible and progressive employer.