INTRODUCTION
Inward investment has been an important building block in the city and region’s approach to economic development, supporting the drive to create new and well-paid jobs (typically offering higher average wages in almost every sector compared to local businesses and spending more on R&D and Innovation), attract talent, broaden our business base as well as encouraging greater productivity through the introduction of innovative products and practices.
While inward investment supports many of our growth sectors, creating high value job opportunities for highly qualified individuals, we should not ignore the fact that other important sectors within the foundational economy, including retail, hospitality and leisure, bring significant investment in new hotels, retail and attractions which support good quality employment and career opportunities from entry level to management.
As a Fair Work city, Glasgow is committed to creating a working life where Fair Work drives success, wellbeing and prosperity for individuals, businesses, organisations and society. Therefore, regardless of the sector, Invest Glasgow seeks to attract investors with clear ESG credentials and a commitment to supporting fair work, paying the Glasgow Living Wage and showing zero tolerance for zero hours contracts.
Invest Glasgow will apply due diligence to ensure that like-minded companies are supported to locate in Glasgow.