US natural gas provider Infinite Energy is to increase its minimum starting wage to $15 an hour for all full and part-time employees.
The increase, which is due to take effect on 1 June, follows a recent salary review. This found that the organisation is offering competitive pay within the industry, with the majority of employees earning $15 an hour (£10.41) or more.
However, the hourly wage for some positions fell below $15. The pay increase aims to rectify this.
The benefits programme that Infinite Energy provides to employees includes medical, dental, life and disability insurance, as well as free gym access, tuition reimbursement and paid volunteer time.
Darin Cook, chief executive officer at Infinite Energy, said: “We believe this is a natural application of our [organisational] culture and the right thing to do for our employees and our [organisation]. Market rate isn’t a good standard if that wage cannot support an employee’s basic needs.”
Rich Blaser, chief executive officer at Infinite Energy, added: “Offering higher wages is ultimately in the best interest of our [organisation]. It will help us keep and attract talented employees to act in the best interests of our customers and our [organisation].”