We're excited to share that the Alberta Living Wage Network has published its 2024 report, and we have some key updates for our community! This year, the living wage for the City of Brooks has decreased compared to 2023, reflecting changes in living costs and economic conditions within our Region. 

What is a Living Wage?

A living wage is defined as the hourly rate at which workers need to earn to meet their basic expenses and still have a modest standard of living once government transfers have been added and taxes have been subtracted.  It reflects what’s needed for a decent life based on full-time employment (35 hours a week or 1,800 hours annually) and excludes additional benefits, perks and paid time off beyond legislative requirements. This serves as a crucial benchmark for supporting workers and strengthening the local economy.

Why Does This Matter for Businesses?

A living wage isn't just a number, it's an investment of our workforce. Taking the step to become a certified living wage employer shows your commitment to supporting your team and building a sustainable workforce. It sets your business apart and strengthens the economic foundation of the  community.By meeting or exceeding the living wage, businesses can unlock powerful benefits in the long-run: 

1. Reduces turnover and associated recruitment costs.
2. Builds a reputation as an employer of choice, attracting top talent.
3. Boosts employee satisfaction and productivity.

By aligning wages with the living wage standard, businesses can foster loyalty among employees and contribute to a resilient and thriving workforce in the community.

Interested in Becoming a Certified Living Wage Employer?

If you would like to take this impactful step, our team is here to guide you. Reach out to Clarisse, Workforce Development Officer at cdelacruz@brooks.ca and explore more about the certification process and benefits at https://www.livingwagealberta.ca/how-to-join.

As we continue to focus on workforce development and community growth, understanding and incorporating the living wage is an essential step for employers who value sustainability and long-term success. Let’s come together to build a thriving community and create workplaces where everyone has the opportunity to succeed and flourish.