The Yes Friends Living Wage Premium
We run a pioneering living wage scheme for garment workers, to ensure they receive a good wage. It's why we do what we do.
For Yes Friends garments, we pay an additional premium directly to the garment workers at our tier 1 suppliers. This means they are paid a good wage for every Yes Friends product the make.
Did you know? Adding as little as 10p to the price of a T-shirt can increase workers wages by a whopping 50%. Sounds like magic, but it's just maths. Magic Maths.
The bigger we get, the bigger impact we can have.
Read about the impact the Yes Friends bonus is having here.
How do we calculate the Yes Friends premium?
Our goal is that every garment worker across the fashion industry is paid a living wage.
Currently, the vast majority of factories do not pay a living wage (even the good ones who have industry leading ethical certifications like Fair Trade USA and GOTS!). Therefore, in order to ensure that our garment workers receive a good wage, we've set-up a pioneering wage scheme at our tier 1 factories where we pay a bonus for every item we make, which goes directly to garment workers.
Here's how the scheme works and how we calculate the bonus for workers.
First, we find out what the lowest paid workers wage is. We then calculate how long it takes a worker to make each of our garments. We then look at a range of living wage calculations, including what trade unions are asking for and reports from the Global Living Wage Coalition. We adjust these figures for inflation and cost of living differences between the location of the reports and the areas where we are producing, to determine the living wage for that area.
Using all this information, we look at the difference between the lowest paid workers wage and the living wage and work out how much extra per garment we will need to pay, to pay our part towards a living wage. We then send this premium to our factories (alongside any customer tips!) and they are distributed evenly among the workers at our cut & sew factories.
So far, we've raised over £56,000 directly for garment workers. The bigger we get, the bigger impact we can have. We're small right now, but our goal is to gain enough buying power to ensure that all workers receive a living wage.