It’s happy days for Kawartha Credit Union as they received the Living Wage Employer certification from the Ontario Living Wage Network (OLWN) last month, announced on Thursday.
The living wage reflects an income that a worker must bring home to meet their basic living needs and participate more fully in life, work, and community according to OWLN. Local expenses, such as housing costs, childcare, transportation and food are factored in.
“The Ontario Living Wage Network is pleased to welcome Kawartha Credit Union to the list of over 600 certified living wage employers in Ontario,” said Craig Pickthorne, OLWN communications coordinator. “It is fantastic to see employers implement changes to ensure that their employees are earning a steady and reliable living wage. Paying a living wage is a tremendous expression of respect for individual workers, their families and the communities where they live."
The OLWN is a network of employers, employees, non-profits, researchers and proponents of decent work standards for all Ontario workers. They conduct standardized, peer-reviewed living wage calculations annually for the province and showcase the growing wave of living wage initiatives in Ontario according to a press release.
“Being recognized as a Living Wage Employer is a big accomplishment for Kawartha and our 340 employees,” said Norah McCarthy, KCU president and CEO. “We are proud that we have this designation as it supports our commitment to be socially responsible and demonstrates that we treat our employees with respect, care and have their best interests at heart.”
“Becoming a Living Wage Employer aligns well with our values, culture and purpose,” said Nancy Herr, KCU chair. “Our employees are critical in helping us achieve our purpose of supporting the financial success and well-being of our members and our communities. Being a Living Wage Employer will also help us support our employees’ financial well-being now and in the future.”