Another business has signed up to be a living wage employer in the Stratford area.
The United Way Perth-Huron says Cooper Standard has joined the category with the certification in place at all four of its Ontario locations, in Stratford, London, and Glencoe.
Based on a 35-hour work week, the new Perth-Huron living wage of $20.70 was calculated using local data.
The living expenses of a weighted average of family types including a family of four, a single mother supporting a seven-year-old child, and a single adult were factored in.
Government transfers and deductions were also taken into account with everyday expenses in the calculation including food, housing, utilities, clothing, childcare, and transportation.
“At Cooper Standard, we value our employees and are committed to providing fair compensation and benefits, a safe and respectful workplace, and opportunities for growth and development,” said Carey Brett, plant manager at Cooper Standard Mixing Plant on Erie Street in Stratford. “Committing to and promoting a living wage will provide a great benefit to our employees and the greater community. It is our hope that other organizations will also make this commitment to their employees as one of the many ways we can make a positive impact in the communities where we live and work.”
Cooper Standard is a leading global supplier of sealing and fluid handling systems and components.