Many business people, investors, and other Americans hold a different view, understanding that paying employees a living wage is good business - creating stronger communities and better customers. However, their voices have not previously come together and thus they have been left out of the debate. Responsible Wealth aims to change this through the Living Wage Covenant . We invite you to join with other employers and investors in support of fair wages. I have a stable and productive workforce, which enables me to better serve my clients.
Satisfied clients lead to more business and more jobs.
Also, my employees have more money to spend which has a very positive economic impact in the community. It's unconscionable that, in one of the most prosperous eras in our country's history, many businesses can't commit to pay a living wage. Idyll, Ltd. has an official policy that the highest paid staff person cannot receive more than three times the amount of the lowest paid. It's time for businesses to step up to the plate and take some responsiblity. In effect, taxpayers are subsidizing employers who don't pay living wages.