The Future of the ILO: A Renewed Purpose in Promoting a Global Living Wage

Marshall, Shelley; Weil-Accardo, Delphine

doi:10.1007/978-981-13-6972-8_8

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Benefits and Disadvantages Of A Living Wage1

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2021

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“…Benefits of implementing a living wage extend to workers, employers, the economy, the government and society at large. Workers can receive fair compensation, a better quality of life, improved health and work reduced hours (Marshall & Weil-Accardo, 2019). Employer benefits include "decreased employee turnover, cost savings for staff hiring and training, improved job quality, productivity and service delivery, lower absenteeism" and recognition for being a responsible employer (Wayland, 2011, p. 1).…”

Section: Benefits and Disadvantages Of A Living Wagementioning

confidence: 99%