To garantuee year on year solid Living Wage Benchmarks for over 165 countries, support is needed. A set of big firms garantuee the publication of Living Wage in 2024, 205, 2026. Meanwhile WageIndicator sells data to ensure publication of the Living Wage benchmarks also in the years after. This means: use the Living Wage data when needed. Support the ongoing data collection by buying data!
Think about questions and answers related to: method, data collection, basket, types of Living Wages, calculations and how to implement.
WageIndicator and PwC team up. The consultancy leg of PwC resells the Living Wage database to their clients. Meanwhile WageIndicator and PwC work on research related to Living wages. What is the temperature in the market? How can implementation be done on a smart way, and what are wise steps for reporting. The latest report from March 2024: Report: Working towards paying a living wage. And the first report from November 2023, Living Wage: An Emerging Standard. Meanwhile WageIndicator partners with Peterson on implementation (traning) of Living Wages, and research on pay structures. BSR, the sustainable business network is the WageIndicator partner in Living Wage implementation.
In a world where consumers increasingly seek out ethical companies, Living Wage payment also helps corporations fulfil their Environmental, Sustainable, and Governance (ESG) obligations. It is linked to achieving 8 of the 17 UN Sustainable Development Goals; most directly SDG 1 (No Poverty), SDG 8 (Decent Work and Economic Growth), and SDG 10 (Reducing Inequality)
WageIndicator’s Living Wage database is recognised by IDH (the Sustainable Trade Initiative) as well as by B-Lab in their B-Corp Certification process. The European Sustainability Reporting Standards recommend to us WageIndicator benchmarks.
