Better Work has created a pricing structure that values the commitment of Buyer Partners, and reflects both their contribution to and benefit from Better Work’s operational and strategic goals. The fee for Partners has two components:
- a membership component based on company turnover in apparel and
- an operational component based on the level of engagement in the global programme.
This pricing structure takes into account diversity in buyers’ size and sourcing locations, provides flexibility to buyers in accommodating changes in their supplier base, and enables Better Work’s expansion to new countries.
a) Membership component
The membership component ranges from USD 5’000 to USD 20’000, and is based on the official annual turnover in apparel, as stated in the annual report, or provided in good faith to Better Work for those companies that do not report their turnover publicly.
b) Operational component
The operational component of the partnership fee is based on the strategic importance that the sourcing country represents to the buyers. Nominally, Better Work has used the indicator of number of factories that a Partner has in country-based programmes to represent the Level of Commitment, as it is the only reliable indicator available to us. However, it is important to stress that this costing contributes to manage the comprehensive partnership agreement, including the benefits described above, and buyers are not being charged fees per assessment. Stronger and more comprehensive engagement is valued in this component.
|Better Work Partnership Fee—Operational component (USD)|
|Level of commitment||Price|
|Above 50||$ 850|
|20 to 50||$ 900|
|Fewer than 20||$ 1000|
Buyers can bulk purchase credits for factories in advance (to take advantage of discounted fee rate) and provide the factory names later as they wish. Credits are valid for use within a year of purchase.