Facing up to the challenge of fair pay - Federated Hermes

This is the second part of a four-part paper by Hermes on SDG 8 – decent work and economic growth. In part one, they asserted that the challenges presented by increasingly tight labour markets provide opportunities to rethink hiring practices for mutual benefit. In this paper, they progress from their engagement on workforce diversity to the issue of fair pay.

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Although there is no simple solution to the issue of fair pay, Hermes believes that engaging with companies can help those companies, their customers and suppliers, to further their efforts in the shift towards fairer pay outcomes. In so doing, they are supporting SDG 1 and SDG 8, with their objectives of ending poverty in all its forms and promoting decent work for all, respectively.

Will Pomroy also talks about these issues in a short video, available via the link below.

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