Amir Paracha & Shehzad Roy: Fair Living Wage, Investing in People & Enacting Change | TBT

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Amir Paracha & Shehzad Roy: Fair Living Wage, Investing in People & Enacting Change | 346 | TBT​

Amir Paracha is the President of OICCI and Chairman & CEO of Unilever Pakistan, while Shehzad Roy is the Founder and President of Zindagi Trust.

00:00 Introduction
02:05 Current Situation
05:57 Fair Living Wage
08:25 The Mindset in Pakistan
11:41 Approach
12:04 Reducing Attrition Rate
17:35 Positive Outcomes
19:21 Minimum Wage vs. Fair Living Wage
22:30 Unilever’s Pledge
24:58 Holistic View
32:43 Starting with Fairness
37:40 Steps towards Impact
43:03 Practical Roadmap
49:18 Data Insights
51:04 Unlocking Young Minds: AI-Powered Learning
56:03 About Durbeen
58:50 Pakistan's Current Economy
01:03:35 Pakistan of 2050

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[El Sidd]

Fair wage is the top of priorities for a sustainable economy. Right to a living wage is a fundamental human right.

 

[niaz]

Undoubtedly right of a living wage is a fundamental right of every citizen, however this is only be applied to the societies where there is 80 to 90% employment. Latest estimates indicate that rate of unemployment in Pakistan is more than 40%. One would think that creating 10 jobs with less than a living wage is better than creating 5 jobs with full living wage?

One can argue either way.

 

[ghazi52]

True, Right to a living wage is a right of all citizen. Government has to take this seriously, rather giving Income support programs. Create opportunities.

Article 23 of the United Nations Universal Declaration of Human Rights states that "Everyone who works has the right to just and favourable remuneration ensuring for himself and for his family an existence worthy of human dignity."

In addition to legislative acts, many corporations have adopted voluntary codes of conduct. The Sullivan Principles in South Africa are an example of a voluntary code of conduct that state that firms should compensate workers to at least cover their basic needs.

Living wage - Wikipedia

en.wikipedia.org

 

[El Sidd]

Undoubtedly right of a living wage is a fundamental right of every citizen, however this is only be applied to the societies where there is 80 to 90% employment. Latest estimates indicate that rate of unemployment in Pakistan is more than 40%. One would think that creating 10 jobs with less than a living wage is better than creating 5 jobs with full living wage?

One can argue either way.

but you will not sustain your economy without full living wage. that is the argument