Blackspot - Blackspot Shoes
The Blackspot Shoes factory is located in a rural region of Portugal called Felgueiras, an area steeped in 400 years of shoe-making tradition. The factory has been owned and operated by the same family for three generations. The owners have a reputation for being excellent employers. ... The minimum wage in Portugal is 365 Euros per month. Workers in this factory earn between 420 and 700 Euros per month, depending on their job and seniority. In addition to basic salary, workers receive 25 paid days off and two extra months of pay per year, which works out to 35% above minimum wage. ... We met with employees who belong to the union; we met with workers who liaison between employees and the union (shop stewards); we met with union staff and staff of the government-run umbrella organization that administers the union. All meetings were in private. All the people we interviewed were unequivocal in their praise of the factory. A high degree of transparency was evident.
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The minimum wage in Portugal is 365 Euros per month. Workers in this factory earn between 420 and 700 Euros per month, depending on their job and seniority. In addition to basic salary, workers receive 25 paid days off and two extra months of pay per year, which works out to 35% above minimum wage.
We met with employees who belong to the union; we met with workers who liaison between employees and the union (shop stewards); we met with union staff and staff of the government-run umbrella organization that administers the union. All meetings were in private. All the people we interviewed were unequivocal in their praise of the factory. A high degree of transparency was evident.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.