One in six shareholders back resolution to extend living wage to indirectly employed cleaners and security guards
Campaigners pushing for Britain’s biggest employers to pay their staff the real living wage claim to have sent a powerful message after almost a sixth of shareholders at Sainsbury’s voted in favour of a resolution that would have introduced the policy at the country’s second largest supermarket group.
ShareAction, which gained support from investment houses including Legal & General Investment Management, HSBC, Fidelity International and Coutts, the Queen’s bank, for the resolution, said it was pleased with the outcome despite falling far short of the 75% backing required to pass the resolution at the Sainsbury’s annual meeting on Thursday.
