CareSource, a nationally recognized nonprofit health plan, was recently named a Good Wages Initiative Employer of Choice by EmployIndy, an organization dedicated to supporting Marion County’s workforce and advocating for quality employment opportunities for underserved and underrepresented residents. The Good Wages Initiative (GWI), which is focused on championing businesses, workers and the community, recognizes employers who pay a sustainable wage of $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, chief strategy officer of EmployIndy. “Employees experience reduced financial stress and improved health outcomes while the community benefits through increased buying power and overall job growth. GWI 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.”
Indianapolis has a competitive job market, and CareSource recognizes the importance of attracting and supporting employees as well as the communities that they reside within. The commitment made to become a Good Wages Employer is one that is not taken lightly, particularly as the implementation of stronger wages and health care benefits better supports employees and their families, reduces turnover rates, and further nurtures communities.
“As a company that is dedicated to placing the health and well-being of our members first, it is crucial that we always practice what we preach both internally within our organization and externally within our communities,” said Steve Smitherman, president of CareSource Indiana. “Health outcomes are highly influenced by one’s ability to have access to health care benefits and sustainable wages. Becoming a GWI Employer of Choice is just one of CareSource’s many efforts in continuing to evolve and shape our company culture and foster community.”
Other leaders and employers can get involved with this valuable business network and witness first-hand the value of increased employee attraction and retention. Find out more information regarding this initiative by visiting https://employindy.org/goodwages/.