Business.com: Are You Paying a Living Wage?
By Adam Uzialko
business.com, Updated Sep 20, 2022
Employees who earn enough to get by improve performance and overall business.
Paying a “living wage” requires more than just meeting state and federal minimum wage requirements. Living in certain communities is more expensive and requires people to earn more to sustain basic life necessities. As an employer, paying a living wage can feel like a burden to the bottom line, but it can be a powerful investment in your people that positively affects revenues.
A living wage is an hourly employee pay rate that each working adult in...