As pay gap rules loom, companies like Woolworths, Barloworld say a 'just wage' is good business | Fin24

In September 2021, Woolworths announced it would invest an additional R120 million to increase the minimum wage of its store workers.

The"just wage", as Woolworths calls its minimum wage initiative, has become a critical debate in SA as shareholder activists increasingly scrutinise income differentials between the highest and lowest paid worker in big corporates. It's also a hot topic amid the rising cost of living and skyrocketing fuel prices, especially as the cost of getting to work is taking a bigger share of low-income earners' take-home pay. Many companies – some sparred by the proposed Wage Ratio Report in the Companies Act Amendment Bill – are starting to think deeper about their lowest wages.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month.

Fin24 I'm super excited right now. I can now pay my bills and take good care of my family. Thank you for bringing happiness to my home with just an investment of $$1500 I got $15,500 in 7days. I'm now debt Free!!! JamesAlderson0

Fin24 We also love woolworths because it only employs South Africans. I like SpurRestaurant 🙄

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