Living wages in context
نویسندگان
چکیده
At a time of rising cost living, wide wage inequalities and widespread in-work poverty, the demand for living has heightened. The concept “living wage” some limitations, including that it is operationalised in variety ways. This may serve purpose making more relevant instrument, typically by providing information on firms social partners embed their wage-setting processes; however, can also increase lack transparency. paper reviews most common methodologies, identifying points convergence divergence. Living estimates produced Fair Wage Network are then put into context benchmarking them against internationally comparable metrics poverty lines. Finally, presents number critical steps to strengthen wage. does not assess economic or feasibility wages, at firm level broader industry economy level. advises using as one pieces – when properly contextualised could inform negotiations policies set consultation with partners.
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ژورنال
عنوان ژورنال: OECD papers on well-being and inequalities
سال: 2023
ISSN: ['2709-8168']
DOI: https://doi.org/10.1787/2e622174-en