Publication of Living Wages in 2024
1. Why and for whom is WageIndicator publishing Living Wage estimates?
From 1st May, 2024, WageIndicator is publishing Living Wage estimates for over 165 to improve labour market transparency. This data facilitates informed decision-making, dialogue and wage negotiations, enabling a level playing field in the labour market.
If you want to understand how WageIndicator calculates Living Wage estimates, please click here.
2. Where will WageIndicator’s Living Wage estimates be published?
WageIndicator’s Living Wage estimates will be available in the respective national languages and currencies on national WageIndicator websites. These Living Wage estimates will be region-specific and either shows the latest annual average (Guidance data) or the latest available quarterly release.
In case you would like access to our global dataset or detailed Living Wage Data, you can get in touch with us for access and support.
3. What is the difference between WageIndicator’s locally published Living Wages and the global Wages in Context datasets?
The below table outlines the differences between our published data and purchased data sets.
| Published data | Purchased datasets |
|---|---|
| For workers, employees, trade unions and small employers | For medium and large sized employers, large corporates and multinationals, government (agencies) and other stakeholders. |
| Annual updates | Quarterly updates through primary data collection by 300+ data collectors worldwide |
| Minimum Wage outlines | Overview of lowest Minimum Wages in context - always up to date, on demand very detailed Minimum Wages by country/region/sector/occupation. Extra: Labour Law in detail (sector) |
| No additional information about price levels in the region/country | Contextual explanations of price fluctuations for regions and countries |
| General Frequently Asked Questions accessible to the public | Continuous and personalised client support related to implementation and miscellaneous questions - answer within 24 hours |
| Standardised national and regional level Living Wages | Data collection for specific locations on demand |
| Providing access to indispensable basic information | Supporting continuity of the dataset and thereby of Living Wages as a public good. |
| Typical Family in a range (low and high) | Standard Family, Typical Family, Single Wage Earner - in ranges |
| Living Income, Living Tariff | |
| Projection for estimate Living Wages and implications for budgets in 2025, 2026 etc | |
| Working towards compliance with Minimum Wages first, Living Wages comes in that slpstream |