Living Wage

What is Living Wage

A living wage is defined as the minimum income necessary for a worker to meet their basic needs. This is not the same as a subsistence wage, which refers to a biological minimum, or a solidarity wage, which refers to a minimum wage tracking labor productivity. Needs are defined to include food, housing, and other essential needs such as clothing. The goal of a living wage is to allow a worker to afford a basic but decent standard of living through employment without government subsidies. Due to the flexible nature of the term 'needs', there is not one universally accepted measure of what a living wage is and as such it varies by location and household type. A related concept is that of a family wage one sufficient to not only support oneself, but also to raise a family.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Living wage

Chapter 2: Minimum wage

Chapter 3: Employment

Chapter 4: Wage

Chapter 5: Salary

Chapter 6: Labour power

Chapter 7: National Minimum Wage Act 1998

Chapter 8: Poverty in the United Kingdom

Chapter 9: Minimum wage law

Chapter 10: Minimum wage in the United States

Chapter 11: Compensating differential

Chapter 12: Monopsony

Chapter 13: Wage theft

Chapter 14: Tipped wage

Chapter 15: Fight for $15

Chapter 16: National Living Wage

Chapter 17: Living Wage Foundation

Chapter 18: Unemployment in Hungary

Chapter 19: Seattle's minimum wage ordinance

Chapter 20: Wage growth

Chapter 21: Local purchasing

(II) Answering the public top questions about living wage.

(III) Real world examples for the usage of living wage in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Living Wage.