Question: Is the company committed to paying its own workers a living wage?
Answer:
Living Wage mentioned,
Living Wage Methodology described,
Living Wage Achieved
18039799
Core
2023
Unverified - Added by Community
updated about 2 months ago by Yuuyang Sun

 

"Primark Phase 2 pilot completed using Fair Labour Association (FLA) tool to assess wage data in 30 factories compared with the Global Living Wage Coalition benchmark" (p.104).

 

"Salaries for the executive directors will increase as shown below in December 2023. Estimated average UK salary increases are expected to be 9.23% including hourly-paid Primark staff, and 4.68% excluding them" (p.106).

 

"STIP 2023/24150% of salary in cash50% of salary in shares" (p.106).

 

"As an international business, we have a duty to operate responsibly and are keen to ensure that the people who work in our businesses are paid fairly. We support the work of governments to ensure that minimum wages are sufficient to allow employees to have an acceptable standard of living. Our businesses, each of which is responsible for setting and managing its own remuneration approach, operate in line with the principles set out below and in compliance with all local laws" (p.107).

Yuuyang Sun.....2024-03-12 14:01:38 UTC