ISS is sponsoring WageMap, a consortium of living wage data and service providers dedicated to harmonising the calculation of what constitutes an acceptable ‘living wage’ in different countries and establishing a Living Wage Reference Standard
Under the sponsorship agreement, the global workplace and facility services provider will support policymakers, customers, suppliers and other key stakeholders in increasing the implementation of living wages across the facility services industry.
Defining what constitutes a living wage in every country is an essential step towards advancing living wage practices…
By committing to the project, ISS believes it can enhance the consortium’s mission of implementing living wages worldwide by creating a public dataset of globally comparable, locally specific living wage estimates.
Liz Benison, ISS’s Group Chief People & Transformation Officer, tells FM Magazine: “Defining what constitutes a living wage in every country is an essential step towards advancing living wage practices, increasing pay transparency, and ensuring accountability. Therefore, we are extremely proud to sponsor an organisation like WageMap. Their efforts to provide the framework and foundation needed to achieve living wages, align perfectly with our social commitments.
“Social sustainability is at the heart of our operations at ISS, and promoting a real living wage is at the forefront of that with a broad range of positive impacts. In addition to supporting everyday needs, living wages also improve access to education and overall quality of life for both employees and their families.
“Furthermore, our data, along with insights from The Living Wage Foundation, demonstrate that living wages are not only beneficial for employees but also for business. As an example, in the UK, 87% of living wage employers reported an improved reputation, and 62% observed better recruitment and retention in their latest survey,”
Benefiting people and businesses
The commitment additionally supports the facility services provider’s ‘living wage pledge’ which is part of its social sustainability agenda to ensure fairness, inclusion and opportunities for the group’s 320,000+ employees, their families and society in general.
Visit wagemap.org.
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