Responsible Contractors
Partners for Strong Communities and Strong Families
"Responsible contracting"–policies that require janitorial contractors to respect the rights of workers and to pay decent wages and benefits–has become a major trend in recent years.
Pension funds and brokerage companies that invest money in real estate are increasingly requiring the contractors who maintain their buildings to adhere to these policies and continues to move into the business mainstream.
Responsible contractor policies have now been adopted by firms with more than four hundred billion dollars in invested capital.
Contractors that have joined the responsible contractor movement manage assets of as much as $39 billion. The biggest investor to adopt a responsible contractor policy in 2001 was
Here’s what responsible contractors have concluded about the result of inadequately paid workers (yes, this is a direct quote).
Inadequate wages lead to “high employee turnover, instability, and the threat of labor disputes . . . "improving these conditions is good business" and, "more important, it will be good for the broader community."
They include the nation's largest pension fund, the California Public Employee Retirement System and:
- CIGNA
- Lend Lease
- Multi-Employer Property Trust
- Prudential
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