The Lobster Trap is committed to providing all employees with a living wage. Just Economics defines a living wage as, “the minimum amount that a worker must earn to afford his or her basic necessities, without public or private assistance.” Just Economics, based in Asheville, NC, adjusts the living wage as the cost of living increases. In order to be living wage certified, an employer must meet the standards set by Just Economics. The Lobster Trap was excited to receive their living wage certification last week.
More from Just Economics, “Today, millions of working people struggle to cover the cost of housing, food, health care, childcare and other basic necessities for themselves and their families. A worker who is paid the minimum wage of $7.25/hour, or any wage below a living wage, cannot possibly afford basic necessities without assistance. This creates problems not only for workers, but for businesses and the local economy. The living wage movement is an important initiative that can bring improve conditions for working people, businesses and our local economy.”
For more information, visit Just Economics.