Activity: Participating in or organising an event types › Participation in workshop, seminar, course
Low wages threaten to merely add further to generational disadvantage within society. This results in a reduction of the pool of talent available for organisations. While those working at either the top of organisations or in high demand have seen their salaries increase significantly, these rewards have not been spread uniformly through organisations; instead there is a growing problem of working poverty arising from limited rises in pay, and the rise of unsecure work through temporary and zero hours contracts. These declines in wages have been accompanied by sharp rises in the costs of housing, energy and food with the burden of such poverty is not equally distributed in societies. Instead it falls disproportionately on women, and younger and older people. This event launches an evidence-based pack for HR and organisational leaders to examine the impact of living wages for organisations and individuals. We outline what HR leaders can do to create healthier and fairer organisations through the living wage. We include insight into the role of suppliers and third parties for organisations.