Your Neighbourhood Credit Union, with local branches in Stratford and Mitchell, is the latest employer to certify as a living wage employer.
“We want our employees to feel valued and be able to give back to their communities,” said Jennifer Kern, Director, Sales & Coaching – Mitchell. “By ensuring they’re paid a living wage, we know they’ll be able to enjoy their lives outside of work and invest in the wonderful businesses in Stratford. This is a great place to live and work, and we want our employees to be able to take in all our community has to offer.”
“Here at Your Neighbourhood Credit Union, we look after our employees and our neighbours,” said Andriana Akins, Manager, Member Services – Stratford. “We want our employees to be able to enjoy the vibrant communities they live in, and paying a living wage means they have that opportunity.”
“We thank Your Neighbourhood Credit Union for certifying as a living wage employer,” added United Way Perth-Huron Executive Director Ryan Erb. “By committing to improving the lives of their employees, YNCU is helping champion our work building stronger local communities. We appreciate their commitment to this important initiative.”
Based on a 35-hour work week, the living wage for Perth-Huron is calculated regularly using local data and takes into account 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, once government transfers and deductions are factored in. Everyday expenses in the calculation include housing, food, utilities, childcare and transportation. For more information about the living wage, GO HERE.
About Your Neighbourhood Credit Union
With 17 branches and a network of surcharge-free ATMs, Ontarians can access financial services close to home across southwestern and northern Ontario. At $2 billion+ in assets under administration and 53,000 members strong (and growing!), YNCU is one of the largest credit unions in Ontario. As a community-based organization, not only do YNCU’s partnerships and investments make a difference, its employees live and work in the communities they serve.
YNCU’s foundation is built on connectedness to the communities where it operates. Yearly the organization sets aside a minimum of 1% of the pre-tax profit earned by the credit union in the previous fiscal year to be used for charitable organizations and associations that share its focus on improving our communities. Together with its members, employees and community partners, YNCU is helping to make life better in the places Ontarians live, work, learn and play!