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Does your job pay a living wage?

A Living Wage; Getting Paid to Meet Your Family's Basic Needs

By Maureen Latta
Monday, November 07, 2011I don't know, what do you mean by "living wage"?

As opposed to minimum wage which is the legal minimum all employers are required to pay, the living wage is a calculation that reflects what earners in a family need to bring home to cover basic costs of living in a specific community.

Living Wage is calculated as the hourly rate at which a household can meet its basic needs, once government transfers have been added to the family's income (such as the Universal Child Care Benefit) and deductions have been subtracted (such as income taxes and Employment Insurance premiums).

The calculation can act as a call to employers to help sustain families by paying wages that provide for the basics. But government policies and programs also have a direct impact on our standard of living and as a result are part of the calculation.

Supporters of the living wage celebrate it as an effective way to boost our local economy by increasing household earnings. But the living wage does not put all of the burden on the employers; government policies and programs can offset an employer's costs. Those that caution against the living wage movement say it could lead to unemployment by favoring higher skilled workers for now higher paying jobs.

How do you feel about this topic?
Would you like to know what the living wage for Powell River would be?

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Visitor Comments

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Isabel - 2011-12-21
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Wedding photography - 2011-12-16
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Walter - 2011-12-15
So what is the living wage for Powell River? - You fail to mention that in your blog.

financial management - 2011-12-07
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Paul - 2011-12-06
Good post! This is the kind of information that should be distributed on the online community. I would like to read more of this.

D - 2011-11-13
Really Allan... Maximum wage. There has to be some incentive for hard work. People need to complain less and do more for themselves. There are so many options for making money, people are just lazy.

Allan - 2011-11-08
Why should any of us get less in wages than we can live on while our governments,our corporations and others sell our resources out from under us.Raw logs,electricity,natural gas...Wake up Canadians to the true value we are selling cheaply to make some CEO and shareholders wealthy.Why is there no maximum wage? Why are CLBC (our )employees getting huge bonus' to dispossess their clients(our) rights.