Goal: Achieving a Living Wage Standard for All Employees by 2027
Announcement
At Ertanlar Makina, we always prioritize the welfare and quality of life of our employees. In this regard, we aim to achieve a living wage standard for all our employees by the year 2027. In line with this important goal, we would like to publicly announce the following steps we will take:
Defining the Goal
A living wage is a wage level that allows our employees and their families to meet their basic needs, live a healthy life, and ensure economic security. Ensuring that all our employees receive a wage in line with this standard by 2027 is one of the top priorities of our company.
Steps to Achieve the Goal
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Wage Evaluation and Adjustments
• All current wages will be evaluated against the living wage standard.
• Wages below the living wage will be gradually increased to meet this standard by 2027. -
Regular Reviews
• Our wage policy will be reviewed annually and updated based on inflation, cost of living, and market conditions.
• Feedback and satisfaction surveys from employees will guide necessary adjustments. -
Training and Information
• All employees will be regularly informed about our living wage policy and updates.
• Training programs on compensation policies and living wage standards will be held. -
Improvement of Additional Benefits
• In addition to wage increases, benefits such as health insurance, transportation support, and meal assistance will be improved.
• New rights and support systems will be introduced to enhance employees’ well-being. -
Transparency and Communication
• Our wage policies and processes will be shared transparently with all employees.
• Employees will be informed about wage scales and evaluation criteria.
Monitoring and Reporting
Our Human Resources Department will monitor and report the progress regularly. Steps taken toward this goal will be evaluated through annual employee satisfaction surveys and one-on-one interviews. Progress will also be shared with the public through our annual sustainability report.
Conclusion
At Ertanlar Makina, we are committed to enhancing the welfare of our employees and ensuring a dignified standard of living. We see our goal of achieving a living wage standard for all employees by 2027 as a key step in our sustainable growth and corporate responsibility.
Board of Directors
Ertanlar Makina
Date: 29.05.2024