Living Wage

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Living Wage

The lowest wage necessary for a person to be able to provide himself/herself with food, clothing and shelter. A living wage varies from place to place depending on an area's cost of living. A living wage may also bear only a rough resemblance to the minimum wage, which is the lowest wage a company may offer legally. Some jurisdictions, however, have mandated a living wage as the local minimum wage.
References in periodicals archive ?
The automatic adjustment system, and the one-off 10 per cent reduction imposed by the Court in 1931, combined to reduce the six capitals' amount in the basic wage by 31 percent in just over three years.
Workers pay 12 per cent of their basic wages as PF and employers are obliged to pay a matching contribution.
Therefore, she has pursued the enhancement of basic wage and insisted on the maintenance of similar basic wage for both local and foreign laborers.
Nowadays most of the money goes into their basic wage.
Laid off workers usually have some portion of their basic wage paid by their former employer for three years, after which they may receive much smaller benefits.
Other important settlement terms included incorporation of the existing 43-cent-an-hour cost-of-living allowance into basic wage rates; hourly wage increases of 25 cents in 1989, and average increases of 25 cents per hour in 1990 and 50 cents per hour in 1991; and a 4-year contract, more in line with recent settlements in the industry, rather than the 3-year duration of previous agreements.
A suit that was filed in 1999 was the first action of its kind to force poultry companies to obey the nation's basic wage and hour laws.
If he or she is not given leave in lieu, his employer should pay him 150 per cent of his basic wage according to the days he or she has worked.
The EU unconditional basic wage initiative was launched in March, 2013.
The phrase 'Basic Wage' has been removed from the Law and it has been replaced by the word 'Wage' which is defined as follows: The definition of 'wage' spelled out in paragraph (8) of Article (2) of the Social Insurance Law referred to shall be replaced by the following definition: "Wage means the amount given to the insured in cash, in kind, periodically or regularly against his/her work no matter how it is defined or the total basic wage plus the allowances defined in accordance with a decision made by the minister following the approval of the Board of Directors.
82 to NT$109, resolved the basic wage screening committee of the Council of Labor Affairs (CLA) yesterday (Aug.
Brown knows the Jambos will be able to double the basic wage being offered at Pittodrie to snap up the defender when he is out of contract this summer.