Making living wages work. Today, I’m thrilled to introduce a trailblazer in the realm of social impact, Jeff Bakes, an award-winning International Total Rewards Director and the current Head of Total Rewards at IKEA. With over three decades of reward expertise, Jeff stands out as a global thought leader, known for his innovative and exceptional solutions in the field. And that field includes, making living wages work – for business and for people.
In this episode, we delve into the critical topics of Living Wages and the tangible benefits of investing in your workforce. Jeff’s impressive career includes leading roles in Rewards at Channel 4 Television in the UK and significant contributions to PwC, Mondelez, and Network Rail. His insights on diverse and inclusive workforces are not just theoretical; they are the product of years of dedication and practical application.
Jeff’s approach to living wages goes beyond the basics. He views it as a means to provide employees with a standard of living that allows for self-sufficiency and choice. For Jeff this is both simple, yet profound in its impact on individuals, families, and communities.
In our conversation, Jeff shares his experiences and challenges in implementing living wages, emphasising the balance between financial constraints and the moral imperative of fair pay. He highlights the benefits businesses reap from fair wages, including enhanced employee engagement, attraction, and retention, ultimately leading to a more robust and committed workforce.
As we explore the future of work, Jeff touches on the evolving landscape of employment, the role of technology, and the importance of embracing diversity and equality in the workplace. His forward-thinking approach is not just about meeting current standards but anticipating and preparing for future challenges.
Jeff Bakes, is a true pioneer in social impact within business. Whether you’re a business leader, HR professional, or someone passionate about making a difference, this episode is a must-listen. Jeff’s insights and experiences are a testament to the power of commitment, innovation, and the relentless pursuit of positive change in the workplace.
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