Unilever vows living wage for all in value chain by 2030
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Unilever vows living wage for all in value chain by 2030
Namrata Singh / TNN / Updated: Jan 21, 2021, 11:54 IST
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MUMBAI: Global consumer products giant Unilever has committed to ensure that everyone who directly provides goods and services to the company earns at least a living wage or income by 2030. While Unilever, which directly employs 1.5 lakh employees across 190 countries, already pays its employees a living wage, it wants to ensure the same for people beyond its workforce and across its value chain.
Estimates suggest this could impact over a million people in 10 years, helping to reduce the social inequalities gap that is said to have only widened since Covid. A living wage allows people to afford a decent standard of living covering a family’s basic needs food, water, housing, education, healthcare, transportation, clothing as also a provision for unexpe
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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.