WageIndicator's latest Living Wage methodology report from October 2024
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ABSTRACT
This report and its previous versions build on the original report by Guzi and Kahanec (2019) on measuring Living Wages globally. Since 2019, this report has been updated often, sometimes multiple times a year. Below you find the specific changes that have been made at each update.
2022
In 2022, this report was updated in February and May:
- Guzi, M., Amanquarnor, N., Ceccon, D., Kahanec, M., & Tijdens, K. (2022). Living Wages worldwide, update 2022. Amsterdam, WageIndicator Foundation, February
- Guzi, M., Amanquarnor, N., Ceccon, D., Kahanec, M. & Tijdens, K. (2022). Living Wages worldwide, update 2022. Amsterdam, WageIndicator Foundation, May.
2023 - February
Guzi, M., Amanquarnor, N.A., Ceccon, D., Kahanec, M., Osse, P., & Tijdens, K.G. (2023) Living Wages Worldwide, update February 2023. Amsterdam, WageIndicator Foundation.
In February 2023 the following topics were included:
- Living Income and Living Wage Plus.
- Insight into the role of data collectors
- Latest quarterly data.
2023 - November
Guzi, M., Amanquarnor, N.A., Ceccon, D., Kahanec, M., Osse, P., & Tijdens, K.G. (2023). Living Wages and Living Income Worldwide, update November 2023. Amsterdam, WageIndicator Foundation.
In November 2023 the following topics were included:
- Single income earner as an option in the Family types
- Next to Region - Urban/ Rural now also Peri Urban / Peri - Rural
- Ethical Principles Implementation Living Wages Guidance
- Latest quarterly data, yearly average data, Guidance data
2024 - October
In October 2024 the following topics are included:
- Role of ILO in the Living Wage concept
- Minimum Wage database linked to GPS codes of relevant parts of cities, regions, countries and optional to company locations.
- WageIndicator introduces the ‘Living Tariff’ as a concept
- Additionals on top of the basic basket of goods: (child) care, private car cost
- Inclusion of ‘Adequate Wages’
- Publication of publicly accessible Living Wage estimates in May 2024
This 2024 report deals with the constituting elements in WageIndicator’s Cost-of-Living data collection, the calculation of WageIndicator’s Living Wages and Living Income, and introduces the concept of ‘Living Tariff’. This report also highlights the newest additions to WageIndicator’s work on Living Wages.