10. EMPLOYING LOCALLY

Tideway has committed to employing locally, including in the local borough of the largest site in each contract area and the 14 London boroughs where work is taking place.

The impact of hiring local workers means a reduced commute – so less pollution and an increase in personal wellbeing – and a greater sense of community.

1,060/year

Wellbeing value of commuting for less than 15 minutes a day, compared with 1-2 hours

Our researchers focused on the wellbeing value of a reduced commuting time because there are no economic benefits (in terms of increased output or employment) of employing locally; someone living further away would benefit in the same way from the work.

£2.3 million

Social value of employing locally