Strategy
How much does the company score if it implements a robust living-wage strategy?
About the data
The lack of a comprehensive approach regarding the implementation of a living wage remains an obstacle to progress. Some companies have already adopted a living-wage standard within their codes of conduct, but unfortunately very few global buyers have come up with comprehensive plan for its implementation. If any progress is to be made, it is vital that companies get behind transparent and credible strategies to follow through on their living-wage commitments. A clearly articulated goal allows clear communication between all players in the supply chain about what change will happen, how and when.
Practical steps we were looking for evidence of included:
- Public commitment to delivering a living wage within a specified time frame and a detailed strategy for doing so
- Consultation and negotiation with trade unions and worker groups on this strategy
- Inclusion of vulnerable workers
- Pilot projects demonstrating real wage increases that are up-scalable and create models that can be replicated in other factories
Methodology
The campaign defines Wages and benefits paid for a standard working week shall meet at least legal or industry minimum standards and always be sufficient to meet basic needs of workers and their families and to provide some discretionary income. (See p.98 of the report)
In this report, fifty of the most influential or strategic companies retailing in Europe were approached to take part in the study. These represent a mixture of fashion, sportswear, budget and supermarket retailers, as well as luxury fashion brands. Check whether the company you would like answers to this metric has participated in the Campaign’s search and add the score the campaign has determined in relation to living-wage strategy?
Value Type
Number
Range
10
Options
Unknown
Research Policy
Designer Assessed