The Fair wage network was born with the goal to set up an interactive and dynamic process regrouping all the actors involved along the supply chain and present in the CSR arena involving NGOs, managers, workers’ representatives and researchers.
…Our scope is to ensure the coherence needed in the wage area and help to liaise the proposed fair wage approach in relation to all wage initiatives at international and national level.
The aim is gradually to move up individual factories’ wage practices, in terms of the different elements we believe should be part of the ‘fair wage’ approach.
In order to succeed, this process would require a step-by-step approach to overcome the possible difficulties involved in collecting information and avoiding a possible initial reluctance from the different stakeholders. Only by means of such a cooperative framework could the different stakeholders see the mutual benefits they could obtain from this collective approach. The Fair Wage Network represents a key step in incorporating wage issues within the CSR process and offers you:
THE POWER TO STRENGTHEN YOUR CORPORATE SOCIAL RESPONSABILITY!
Our economically rigorous method -The Fair Wage Approach- was developed to give robust wage indicators to identify a comprehensive and overall assessment of an enterprise’s performance in the wage area. Candidate companies are provided all the necessary tools and framework to identify the strengths and weaknesses of their wage-fixing system and therefore, to correct their shortcomings in this complex field more easily.
To proper wage adjustment and ethical values that can make a change and a better life for so many
by getting all the necessary tools and valuable data to review your wage policy and make adjustments
Individual and collective performance growth and long term sustainibility in your company.
The process is split in two phases: a Fair Wage assessment composed of a management survey and a workers survey to measure their perception of the company’s wage policy, complemented by the collection of wage and employment data and a statistical evaluation of the company’s wage policy; interviews will be conducted to verify the company’s commitment to a fair wage policy and its implementation within its HR policy. The second phase consists in a Fair Wage analysis and reporting that will serve as the basis for the decision about certification.
- the Fair Wage label can be incorporated in all the goods directly produced by the company.
- The company is also allowed to use the Fair Wage label for marketing purposes
- the obtaining of the label is publicized in the Fair Wage Network and all relevant communication channels.
As a result of the certification process the label constitutes a guarantee that your company is developing sustainable wage practices and that your employees benefit from a set of exemplary wage setting procedures.
The obtaining of the Fair Wage label both gives a clear competitive advantage in the market place and works as a robust HR tool.
Most concerned workers will feel reassured that their work is correctly compensated. Among orkers of your whole global supply chain alike because an ethical approach to compensation reflects a company’s overall approach to creating a positive environment.
Considering that wages increasingly represent one key criteria by rating agencies for ranking major brands, to be qualified as a fair wage employer will allow you to show that you are developing a solid and ethical wage policy that will help you keeping your business sustainable in the long term.
Among those who consider an ethical company as a more reliable long-term business partner. and are sensitive to the issue of fair wage. This can be a vast opportunity given the fact that wages are the most important element of your human resources policy and thus key for sustainability.
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The Fair wage Network has established all measures necessary to ensure trust and confidentiality.
Wage data communicated are made anonymous before being passed on for the statistical analysis.
The partners involved such as the Certification Bodies accredited by the Fair Wage Network base their business model and mode of operation on the code of integrity.
In addition, the Fair Wage Network has developed a unique platform, which encapsulates all confidential data in a confined and secure environment.
Our unique database is kept up to date by permanent data collection by a group of researchers. It contains all thresholds on the living wage and prevailing wages calculated by statistical offices, research institutes and non-governmental organizations around the world. It then leads to a very rich set of results that helps the company to assess its wage levels, identify root causes and put in place the necessary remediation steps.
We have more than 25 years of experience in the field. We group all the actors companies, NGOs, workers’ representatives, and researchers working in this field. Assessments and verifications are entrusted to certification bodies operating on a code of integrity.
Our success is the success of our partners. have already placed ‘fair wage’ or ‘fair compensation’ of ‘fair living wage’ as a major pillar of their sustainability strategy.
The Fair Wage Assessments have helped us improve the way we monitor compensation and pay issues. We have integrated the Fair Wage idea into our supplier training on Human Resources Management Systems that helped in monitoring and measuring wage performance and remediation practices
Fair wage are something the whole industry must drive
The Fair Wage Network uses a consistent approach, which we can apply to many countries. It includes a focus on wages, along with other critical factors such as working hours, social benefits, equity, costs to workers and the opportunity for progression. This approach is inclusive, drawing on input from workers, managers and external sources.
We want to use the fair wage assessment methodology in pilots in both our own operations and supply chain, and scale this up…
Since 2015, FWN have provided us with access to their global Living Wage database. This gives us an objective external source of the living wage amount for each of the countries (109) where we have employees.
FWN have helped us develop our understanding of living wages, how many of our existing compensation arrangements deliver fair wages and how they fit in to our overall Framework for Fair Compensation.
Do not hesitate to join those who have already placed fair wageas a major pillar of their sustainability strategy.
Geneva, Switzerland
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