Survey reveals a fair pay baseline in Italian luxury fashion

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Italian luxurious producers and suppliers on Wednesday obtained a “fairly optimistic” report card from the Honest Wage Community, within the first large-scale survey of pay and dealing circumstances within the sector.

The Honest Wage Community consultancy discovered that almost all staff have been paid on time, and that the gross common month-to-month wage of two,062 euros ($2,500) was above the minimal set for the sector — and above the residing wage of 1,387 euros, which might cowl primary wants.

Nonetheless, the wage was beneath the common month-to-month prices of two,311 euros that staff reported incurring for his or her households, which means that households would require two wage-earners.

“We put this within the space for enchancment so there’s some monitoring course of at enterprise stage,’’ stated Daniel Vaughan-Whitehead, co-founder of the Honest Wage Community. Staff additionally stated they needed the power to barter larger pay, together with wages primarily based on expertise and efficiency.

The survey launched Wednesday was an initiative of Italy’s trend council, and was primarily based on interviews with 1,100 workers in 45 corporations in 14 Italian areas, reaching about 20% of workers within the sector throughout giant, medium and micro household companies concerned within the manufacturing of attire, footwear, leather-based items and parts.

Vaughan-Whitehead famous that wages are more and more being put on the core of corporations’ sustainability methods, turning into a spotlight even within the pandemic.

Some 70% of all luxurious items offered globally are produced in Italy, and the president of the Italian Nationwide Trend Chamber stated the survey gives a baseline “for all Italian manufacturers and all of the manufacturers that wish to produce in Italy.”

“It’s one thing to stimulate different international locations to change into extra clear,’’ stated Carlo Capasa.

(This story has been revealed from a wire company feed with out modifications to the textual content. Solely the headline has been modified.)

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