We surveyed our business network
IKEA
“Introducing the Living Wage Is not only the right thing to do for our co-workers; It also makes good business sense. This is a long-term investment in our people based on our values and our belief that a team with good compensation and working conditions is in a position to provide a great experience to our customers.”
Support for the Real Living Wage
Hodgson Sayers
“We like to think there is a link between our accreditation and our success. There were the obvious business benefits such as that well-paid staff are motivated and more productive. Retention of staff significantly reduces training and recruitment advertising costs. Long serving employees create strong teams.”
Brewdog Case Study
In the year after introducing the Living Wage, staff turnover on BrewDog’s retail sites fell by 40 per cent – in one store annual staff turnover fell from 240 per cent to 60 per cent.
RETAIL toolkit: How to create good jobS in retail
Between July 2015 and July 2016 the Living Wage Foundation worked with major retailers to develop a series of innovative workplace pilots to test operational strategies that support higher paid, higher skilled jobs in retail, with advice and input from KPMG and Living Wage employers across different sectors.
The result is a practical guide setting out how retailers and other service sector companies can provide value for customers and investors, while also creating jobs that are better paid, more stable and more meaningful for employees.
If you are interested in moving to a Living Wage or implementing a ‘good jobs strategy’ in your business...