CNMI Launches Report and Roadmap to Socially Sustainable Wage Practices in Fashion
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Survey reveals a fair pay baseline in Italian luxury fashion
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Survey seen as fair pay baseline in Italian luxury fashion
by The Associated Press
Last Updated Dec 16, 2020 at 3:14 pm EDT
MILAN Italian luxury producers and suppliers on Wednesday received a “pretty positive” report card from the Fair Wage Network, in the first large-scale survey of pay and working conditions in the sector.
The Fair Wage Network consultancy found that nearly all workers were paid on time, and that the gross average monthly salary of 2,062 euros ($2,500) was above the minimum set for the sector and above the living wage of 1,387 euros, which could cover basic needs.
Still, the wage was below the average monthly costs of 2,311 euros that workers reported incurring for their households, meaning that families would require two wage-earners.