FACTOID # 43: Japanese and South Korean kids are the best in the world at science and maths.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

FACTS & STATISTICS    Simple view

  1. Select countries to view: (hold down Control key and click to select several)

     

     

    Compare:

     

     

  1. Select fact or statistic: (* = graphable)

     

     

     

  2. (OPTIONAL) Compare to statistic: (both need to be graphable)

     

     

     

  3. View result as:

     

       
(OR) SEARCH ALL encyclopedia, stats & forums:   

Encyclopedia > Living wage

Living wage refers to the minimum hourly wage necessary for a person to achieve a basic standard of living. In the context of developed countries such as the United Kingdom or Switzerland, this standard is generally considered to require that a person working forty hours a week, with no additional income, should be able to afford housing, food, utilities, transport, health care and a certain amount of recreation. This concept differs from the minimum wage because the latter is set by law and may fail to meet the requirements of a living wage. Houses in Fishpool Street, St Albans, England For other meanings of the word house, see House (disambiguation). ... A public utility is a company that maintains the infrastructure for a public service. ... Health care or healthcare is the prevention, treatment, and management of illness and the preservation of mental and physical well-being through the services offered by the medical, nursing, and allied health professions [1]. The organised provision of such services may constitute a healthcare system. ... Tigers playing in the water. ... The minimum wage is the minimum rate a worker can legally be paid (usually per hour) as opposed to wages that are determined by the forces of supply and demand in a free market. ...


In the United States, several municipalities and local governments have enacted ordinances which set a minimum wage higher than the federal minimum for the purpose of requiring all jobs to meet the living wage for that region. Often, these ordinances only apply to certain types of businesses, such as those receiving government contracts. However, San Francisco, California, Santa Fe, New Mexico, and Madison, Wisconsin have notably passed very wide-reaching living wage ordinances. For details about the famous earthquake, refer to the article 1906 San Francisco Earthquake. ... Motto: Nickname: Map Political Statistics Founded 1607 Incorporated Santa Fe County Mayor Larry A. Delgado Geographic Statistics Area  - Total  - Land  - Water 96. ... Wisconsin State Capitol Motto: Nickname: Mad Town Map Political Statistics Founded 1836 Incorporated 1848 Dane County Mayor Dave Cieslewicz Geographic Statistics Area  - Total  - Land  - Water 219. ...


In Australia, the 1908 Harvester Judgment ruled that an employer was obliged to pay his employees a wage that guaranteed them a standard of living which was reasonable for "a human being in a civilised community," regardless of his capacity to pay. Justice Higgins established a wage of 7/- (7 shillings) per day or 42/- per week as a 'fair and reasonable' minimum wage for unskilled workers. In 1913, to compensate for the rising cost of living, the basic wage was increased to 8/- per day, the first increase since the minimum was set. The first Retail Price Index in Australia was published late in 1912. The basic wage system remained in place in Australia until 1967. It was also adopted by some state tribunals and was in use in some states in the 1980s. The Harvester Judgment (1907) 2 CAR 1 was delivered in the Australian Commonwealth Court of Conciliation and Arbitration by H.B. Higgins in 1907. ... Australian coins refers to the coins which are or were in use as Australian currency. ...


The national and international living wage movements are supported by many labor unions and community action groups such as ACORN. A union (labor union in American English; trade union, sometimes trades union, in British English; either labour union or trade union in Canadian English) is a legal entity consisting of employees or workers having a common interest, such as all the assembly workers for one employer, or all the workers... ACORN, the Association of Community Organizations for Reform Now, is the largest community organization of low and moderate-income families in the United States. ...


There is some controversy as to whether living wage regulations actually help the poor. Many economists contend that, by increasing deadweight loss, mandated living or minimum wage regulations shrink the labor market and make the least-skilled workers less employable. In economics, a deadweight loss (also known as excess burden) is a permanent loss of well being to society that can occur when equilibrium for a good or service is not Pareto optimal, (that at least one individual could be made better off without others being made worse off). ... The minimum wage is the minimum rate a worker can legally be paid (usually per hour) as opposed to wages that are determined by the forces of supply and demand in a free market. ...


Critics of living wage ordinances assert that the government should not intervene in the marketplace. This argument ignores the many ways in which governments intervene in the market to help businesses through subsidies, tax breaks, and other assistance. Living wage laws typically only cover businesses that receive this type of assistance or have contracts with the government. epi.org


Living Wages is part of a set of solutions to counteract the divide and rule strategy used by businesses in an effort to save money and increase their profit margin. In the divide and rule strategy companies pit municipalities against other municipalities to see who will offer the most tax exemption thereby shirking their tax burden onto others. In politics and sociology, divide and rule (also known as divide and conquer) is a strategy of gaining and maintaining power by breaking up larger concentrations of power into chunks that individually have less power than the one implementing the strategy. ...


See also

The minimum wage is the minimum rate a worker can legally be paid (usually per hour) as opposed to wages that are determined by the forces of supply and demand in a free market. ... Wage slavery is a term expressing disapproval of a condition where a person is compelled to work in return for payment of a wage. ... Labour economics seeks to understand the functioning of the market for labour. ... Ten Thousand Villages is a program of Mennonite Central Committee started in 1946 that pioneered the concept of fair trade by buying crafts directly from artisans in the developing world and paying a living wage. ... A Positive right is a right, either moral or decreed by law, to be provided with something so that it is incumbent upon another to act, as opposed to a negative right which is a right to not be subject to the action of another. ...

External links

  • Campaign for a Living Wage in British Columbia
  • Economic Policy Institute
  • Center for Policy Alternatives – Living Wage Policy Model
  • ACORN Living Wage Resource Center
  • Living Wage Action Coalition – An organization of student activists involved in campus living wage campaigns
  • Center for Economic and Policy Research
  • Minimum Wage/Living Wage

  Results from FactBites:
 
Living wage - Wikipedia, the free encyclopedia (551 words)
This concept differs from the minimum wage because the latter is set by law and may fail to meet the requirements of a living wage.
In Australia, the 1908 Harvester Judgment ruled that an employer was obliged to pay his employees a wage that guaranteed them a standard of living which was reasonable for "a human being in a civilised community," regardless of his capacity to pay.
Living Wages is part of a set of solutions to counteract the divide and rule strategy used by businesses in an effort to save money and increase their profit margin.
The Living Wage Resource Center: Living Wage Successes (9688 words)
The living wage shall be at least 110% of the federal poverty level for a family of 4, currently $10.23/hour, if health coverage is provided or 130% of the poverty level, currently $12.09 (05/05), without health coverage.
The living wage is defined as 110% of the federal poverty level for a family of four, with a health benefit plan that requires employee to pay no more than 3% of their annual wages.
The living wage is established at the federal poverty level for a family of four, and currently the wage stands at $9.07 an hour.
  More results at FactBites »


 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms.