WageIndicator living wage introduces a concept that allows users and stakeholders through web interface to share and compare living wages across countries and regions using a methodology for local conditions and for international comparison.
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ABSTRACT:
WageIndicator living wage introduces a concept that allows users and stakeholders through web interface to share and compare living wages across countries and regions using a methodology that accounts for local conditions but also is harmonized to provide for international comparison. The methodology also provides for cost-efficient application in countries across the globe as well as regular updating (e.g. quarterly). Under the approach of Wages in Context, living wages are reported together with minimum wages and actual wages, as well as national poverty lines.