Living wages in context: A comparative analysis for OECD countries
At a time of rising cost of living, wide wage inequalities and widespread in-work poverty, the demand for a living wage has heightened. The concept of a "living wage" has some limitations, including that it is operationalised in a variety of ways. This variety may serve the purpose of maki...
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| Main Author: | |
|---|---|
| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2023
|
| Series: | OECD Papers on Well-being and Inequalities
no.13 |
| Subjects: | |
| Online Access: | DE-862 DE-863 |
| Summary: | At a time of rising cost of living, wide wage inequalities and widespread in-work poverty, the demand for a living wage has heightened. The concept of a "living wage" has some limitations, including that it is operationalised in a variety of ways. This variety may serve the purpose of making it a more relevant instrument, typically by providing information on the cost of living that firms and social partners may embed in their wage-setting processes; however, the variety can also increase a lack of transparency. The paper reviews some of the most common methodologies, by identifying points of convergence and divergence. Living wage estimates produced by the Fair Wage Network are then put into context by benchmarking them against internationally comparable wage metrics and poverty lines. Finally, the paper presents a number of critical steps to strengthen the concept of a living wage. This paper does not assess the economic cost or feasibility of living wages, not at the firm level or at the broader industry and economy level. This paper advises using the living wage as one of the pieces of information that - when properly contextualised - could inform wage negotiations and wage policies set in consultation with social partners. |
| Physical Description: | 1 Online-Ressource (70 Seiten) 21 x 28cm. |
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| spelling | Balestra, Carlotta VerfasserIn aut Living wages in context A comparative analysis for OECD countries Carlotta, Balestra, Donald, Hirsch and Daniel, Vaughan-Whitehead Paris OECD Publishing 2023 1 Online-Ressource (70 Seiten) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Papers on Well-being and Inequalities no.13 At a time of rising cost of living, wide wage inequalities and widespread in-work poverty, the demand for a living wage has heightened. The concept of a "living wage" has some limitations, including that it is operationalised in a variety of ways. This variety may serve the purpose of making it a more relevant instrument, typically by providing information on the cost of living that firms and social partners may embed in their wage-setting processes; however, the variety can also increase a lack of transparency. The paper reviews some of the most common methodologies, by identifying points of convergence and divergence. Living wage estimates produced by the Fair Wage Network are then put into context by benchmarking them against internationally comparable wage metrics and poverty lines. Finally, the paper presents a number of critical steps to strengthen the concept of a living wage. This paper does not assess the economic cost or feasibility of living wages, not at the firm level or at the broader industry and economy level. This paper advises using the living wage as one of the pieces of information that - when properly contextualised - could inform wage negotiations and wage policies set in consultation with social partners. Employment Social Issues/Migration/Health Hirsch, Donald MitwirkendeR ctb Vaughan-Whitehead, Daniel MitwirkendeR ctb |
| spellingShingle | Balestra, Carlotta Living wages in context A comparative analysis for OECD countries Employment Social Issues/Migration/Health |
| title | Living wages in context A comparative analysis for OECD countries |
| title_auth | Living wages in context A comparative analysis for OECD countries |
| title_exact_search | Living wages in context A comparative analysis for OECD countries |
| title_full | Living wages in context A comparative analysis for OECD countries Carlotta, Balestra, Donald, Hirsch and Daniel, Vaughan-Whitehead |
| title_fullStr | Living wages in context A comparative analysis for OECD countries Carlotta, Balestra, Donald, Hirsch and Daniel, Vaughan-Whitehead |
| title_full_unstemmed | Living wages in context A comparative analysis for OECD countries Carlotta, Balestra, Donald, Hirsch and Daniel, Vaughan-Whitehead |
| title_short | Living wages in context |
| title_sort | living wages in context a comparative analysis for oecd countries |
| title_sub | A comparative analysis for OECD countries |
| topic | Employment Social Issues/Migration/Health |
| topic_facet | Employment Social Issues/Migration/Health |
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