Living Wage and Income
We believe that every person deserves an opportunity to earn a decent living. We recognize the concepts of living wage and living income as human rights for people working for Hershey directly or within our value chain. We also understand that poverty increases the risk of human rights violations.
This has led us to prioritize living wage and income as a central component of our human rights agenda. We are taking action to maintain our strong pay practices in our own operations and focus our work in areas where we see the largest vulnerability and where Hershey has significant leverage, influence, and responsibility. As a result, we continue to prioritize work in the following areas:
- Maintaining our commitment to pay a living wage to all full-time employees globally
- Programming and investments focused on measuring and improving incomes of farmers
- Strengthening our engagement in the pre-competitive platforms and multi-stakeholder collaborations that we feel are critical to enable an environment necessary for promoting a living wage and income in our supply chain
Hershey benchmarks our compensation against WageIndicator for international locations and Living Wage 4 US for U.S. locations. We are supporting shifts needed to drive progress on living wages including access to transparent and consistent benchmarks, while staying true to our living wage commitment. We review full-time employee wages against these benchmarks on an annual basis.
Hershey advances living wage initiatives through our investments in the broader living wage landscape such as:
- Serving as a founder of WageMap, a multi-stakeholder coalition with a mission to support the achievement of living wages globally by creating consistent standards and benchmarking across various industries
- Supporting data provider, WageIndicator as a core funder to make their living wage benchmarks publicly available worldwide
- Co-chairing the AIM-Progress Living Wage Working Group
To read about our targeted approach to improving the livelihoods of farmers in our supply chains, see our Cocoa and Sugar pages.
Find out more about our approach in our Living Wage and Income Position Statement