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Become a Living Wage Employer


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Become a Living Wage Employer


 
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Introduction

When an employer pays their employees a Living Wage, it doesn’t just benefit the wage earners and their families; there are positive outcomes for the whole community.

Explore this site to find out more about a Living Wage for London, Ontario and how to become a Living Wage Employer.

 
 

Become a Living Wage Employer

Benefits of a Living Wage

What is a Living Wage?

How is a Living Wage Calculated?

What is a Living Wage


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What is a Living Wage


A Living Wage is different from the minimum wage. Participating is not mandatory, it is a voluntary program employers may implement in their workplaces. A Living Wage reflects what earners need to make in order that their household can meet its basic needs. It ensures families are not under severe financial stress, promotes social inclusion, and helps families achieve a basic level of economic security.

A Living Wage is based on the actual costs of a conservative basket of goods and services, and is community-specific. In this instance, wherever possible, costs from the London community were used in the calculation. 

A Living Wage is calculated as an hourly rate, and it takes into account government transfers and deductions. For more information see Living Wage Canada.


Learn more about a Living Wage

Benefits of a Living Wage


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Benefits of a Living Wage


Employers

For employers, a Living Wage can lead to improved productivity, increased employee loyalty, and decreased costs associated with absenteeism, training, recruitment and employee theft.

Individual

For the individual, a Living Wage can lead to improved health, better quality of life, improved morale at work, and a rise out of poverty.

Community

A Living Wage can lead local residents to be healthier, happier and more contributing members of society, prompting them to take a more active role in their communities.


Download and share the infographic that
outlines London’s Living Wage

How is a Living Wage Calculated


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How is a Living Wage Calculated


When determining a Living Wage for a given community, it is necessary to consider a wide range of local factors and conditions that can affect how earners are able to meet their basic needs. A Living Wage is specific to the community for which it is calculated.

The methodology used to guide the research for a Living Wage in London, Ontario was based on the Canadian Living Wage Framework; the calculations themselves were made using the Canadian Centre for Policy Alternatives’ (CCPA) 2014 Living Wage Calculator

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A wide range of factors that impact the costs facing wage earners and their families, were considered for the calculation, including:

  • housing and utilities;
  • nutritious food;
  • clothing and footwear;
  • transportation;
  • child care and school-associated fees;
  • leisure time, including sports fees, entertainment and outings;
  • health, dental and vision care;
  • and, other personal costs.

Once they reviewed the data, researchers were able to determine that the Living Wage for London, Ontario is $15.53 per hour; however, where the employer provides an employee medical insurance plan, the Living Wage drops to $14.57 per hour.


Detailed breakdown of the calculations and costs used to determine London’s Living Wage

Infographic that explains how Living Wage
for London was calculated

Partners and Employers


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Partners and Employers


Stephen Bolton, Libro Credit Union President, CEO and Head Coach
Living Wage is one strategy in reducing poverty and increasing positive outcomes. Being a recognized Living Wage employer fosters social inclusion and supports the quality of life of our staff. Growing regional prosperity goes further than financial transactions and balance sheets. It’s about addressing complex social issues in southwestern Ontario and working collaboratively with organizations to help build and strengthen the communities we passionately serve. We recognize different businesses will make their own decisions about the best way to contribute to the health of their communities, and Libro encourages that conversation always.
— Stephen Bolton, Libro Credit Union President, CEO and Head Coach