The Warehouse has adopted a policy of paying a living wage of $18.50-$20 an hour for longer-term employees. It’s a really positive move and The Warehouse is to be congratulated. It’ll cost about $2.5m a year, or 5% of profits. As we’ve seen in the NZ Power debate, it’s a rare thing for major companies to look beyond their balancesheets to the community they exist within. Now, who’s next?
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