Name
The Real Revolution in Compensation Starts with a Living Wage
Session Format
Panel
Key Topic Area
Compensation
Target Attendee Experience Level
Advanced: Applied Theory and Strategy
Description

Organizations often find they are not paying employees a living, let alone a thriving, wage. But achieving this ambition can feel like an insurmountable undertaking both operationally and financially, even though philosophically, most organizations agree it’s the right thing to do. Learn how the Ford Foundation and the James Irvine Foundation had the courage to do something about it. You’ll also gain an understanding of how to talk about it and how you can determine and implement a living wage for your own workers.

Takeaways

  • Understand how paying a living wage is part of a comprehensive equity program
  • Assess whether your organization is paying all employees a living wage.
  • Understand the difference between paying a living and thriving wage.
  • Get tips for approaching leadership to consider a living wage program and how to navigate the administrative complexities program design, including financial navigation.