Posts tagged Global Living Wage
Incremental steps towards a Global Living Wage – How it would work

Although governments worldwide have committed to implementing minimum wages for years, many have yet to raise wages to a living wage rate and enforce them. The main reason for this is that it is very hard for single countries to do this, as they fear that corporations will move their production to other countries with cheaper production costs. To avoid this, we need a Global Living Wage Instrument so that countries can work together across regions and internationally to achieve a wage which allows people a decent life. Pivotal to this is that they are given a realistic timeline with incremental wage increases over multiple years.

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