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New report by Oxfam finds economic inequality & poor working conditions among female workers

Author: Oxfam, Published on: 29 January 2018

“Reward work, not wealth”

Last year saw the biggest increase in the number of billionaires in history, with one more billionaire every two days…Nine out of 10 [billionaires] are men...82% of all of the growth in global wealth in the last year went to the top 1%, whereas the bottom 50% saw no increase at all…[O]ur economy of the 1% is built on the backs of low paid workers, often women, who are paid poverty wages and denied basic
 rights...

To tackle extreme economic inequality, we must end gender inequality. Equally, to secure equality between women and men, we must radically reduce economic inequality…We must define a vision for a new human economy, one that is created by women and men together, for the benefit of everyone and not just a privileged few...Temporary, precarious work is the norm in developing countries, and is on the rise in rich nations. Temporary employees have lower wages, fewer rights and less access to social protection. Women and young people are more likely to be in these jobs...We can create a more human economy...There are two important ways to achieve this: designing economies to be more equal from the start, and using taxation and public spending to redistribute and create greater fairness...

[Refers to Zara, H&M, Target Australia, Cafe Direct, Divine Chocolate, John Lewis, Huawei, Fairphone, Grameen-Danone Foods, Amul, Nestlé, Burger King, Mondragon, HSBC, BMW]

Read the full post here

Related companies: Amul BMW Burger King Cafédirect Danone Fairphone H&M HSBC Huawei Technologies John Lewis (part of John Lewis Partnership) Nestlé Target Zara (part of Inditex)