Living Wage at Libro Credit Union
Libro Credit Union exists to grow prosperity in southwestern Ontario by transforming banking. Growing prosperity includes taking intentional action to improve the lives of our staff, our Owners and our communities. Living Wage is one strategy in reducing poverty and increasing positive outcomes in our communities. Being a Living Wage employer fosters social inclusion and supports the quality of life of our staff.
A Living Wage is an hourly wage that enables employees and their families to meet their basic needs such as food, clothing, shelter, transportation and childcare. It reflects what two earners in a family with two children need to earn based on the actual costs of living in a specific community. Different from the minimum wage, a Living Wage is a current reflection of the costs associated with living in a particular community.
The Living Wage commitment aligns with Libro’s compensation philosophy of establishing a positive work environment and providing competitive wages. It’s also one element of a strategic plan Libro is delivering to grow prosperity across southwestern Ontario.
Learn more about Living Wage:
- Living Wage Canada
- Living Wage Huron Perth
- Living Wage London
- Living Wage Waterloo Region
- Living Wage Windsor Essex
- How to calculate a living wage
To learn more about Living Wage at Libro and current career opportunities please visit our Careers page.