INDIANAPOLIS (June 16, 2022)- The Central Indiana Corporate Partnership (CICP) has been named a Certified Good Wages Initiative Indianapolis employer of choice. Overseen by EmployIndy, the Good Wages Initiative (GWI) recognizes employers who pay a sustainable wage of at least $18 per hour and offer health benefits to full-time employees.
“Paying good wages and providing employer-sponsored health insurance provides businesses with critical advantages in today’s labor market, from reductions in turnover to increased productivity,” says Marie Mackintosh, EmployIndy’s chief strategy officer. “Employees experience reduced financial stress and improved health outcomes while the community benefits through increased buying power and overall job growth. Good Wages Initiative partner employers set themselves apart by publicly stating their commitment to ensuring Indianapolis has a vibrant economy that is good for businesses, good for workers, and good for the community.”
In 2018, the Brookings Institution partnered with CICP to produce a report examining Central Indiana’s economic future. Advancing Opportunity in Central Indiana outlines numerous ways the area can develop strategies to increase the availability of more good and promising jobs that pay living wages. Their research determined that $18/hour, paired with employer-sponsored health insurance, is the general living wage for the Indianapolis area (the number of working and non-working individuals in a household, along with other factors not considered, affect the standard of living for household members).
With Indianapolis’ competitive job market, CICP recognizes the importance of supporting both current and future employees. By providing benefits and higher wages, CICP is changing the culture to build a strong regional labor force and create a positive community impact.
“Through expert and deeply data-driven research beginning in 2018, CICP has sought to inform the public square when it comes to better understanding what a ‘good job’ actually is in Central Indiana, and the pay and benefits it must provide for families to make ends meet, even in our relatively low-cost marketplace” says David L. Johnson, president and CEO, Central Indiana Corporate Partnership. “EmployIndy is now taking the critical next step, on both the data and the moral imperative to make this an even better, and far more inclusive place to live, work and raise a family.”
Find out more information about Indianapolis’ Good Wages Initiative at: https://employindy.org/goodwages/
About Central Indiana Corporate Partnership (CICP)
The Central Indiana Corporate Partnership (CICP) was formed in 1999 to bring together the chief executives of the region’s prominent corporations, foundations and universities in a strategic and collaborative effort dedicated to Indiana’s continued prosperity and growth. To advance this mission, CICP sponsors six key talent and industry sector initiatives, AgriNovus Indiana, Ascend Indiana, BioCrossroads, Conexus Indiana, Energy Systems Network and TechPoint, each of which addresses challenges and opportunities unique to its respective area: agbiosciences, talent and workforce development, life sciences, advanced manufacturing and logistics, advanced energy technology and transportation and technology. To learn more about CICP, visit www.cicpindiana.com.
EmployIndy guides the local workforce ecosystem and makes strategic investments to remove barriers to quality employment for underserved and underrepresented residents. Our vision is for all Marion County residents to have access to services and training necessary to secure a livable wage and grow in a career that meets employer demand for talent. As the workforce development board for Marion County, guided by 26 business, civic, education, and nonprofit community leaders, EmployIndy invests more than $20 million in public, private and philanthropic funds for both youth and adults annually. Learn more at employindy.org.