A joint report from the Resolution Foundation and IPPR, Beyond the Bottom Line, presents the first full economic analysis of the living wage in the UK, including: modelling its potential impact on labour demand and considering the potential costs of living wages for employers; analysing which workers and families benefit most from the living wage; and quantifying the fiscal savings to government of wider living wage coverage. The TUC welcomed the report and stated that the more companies who can be persuaded to pay the living wage the better. The trade union said that the report makes a compelling argument for both securing stronger wage growth and retaining important in-work benefits for low and middle-income earners as the best means of boosting living standards.
English: http://www.resolutionfoundation.org/publications/?category=16
http://www.tuc.org.uk/economy/tuc-21833-f0.cfm
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.