Can Living Wage Be a Win-Win Policy? A Study of Living Wage Effects on Employer and Employee Performance in Hamilton, Canada

Abstract

This chapter argues that the implementation of a living wage might be a "win-win" policy for both employers and employees, enhancing community well-being. Their employee interviews found that implementation of living wage resulted in a more committed, better performing, and happier workforce. Likewise, as revealed in the employee survey, living wage workers tended to have a higher affective commitment and a lower turnover, fostering well-being in the workplace. (PsycINFO Database Record (c) 2017 APA, all rights reserved) (Source: introduction)