1. What is a living wage?: Considerations from Santa Monica, CA
- Author
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Pollin, Robert
- Subjects
- *
WAGES , *INCOME , *BENCHMARKING (Management) , *EMPLOYEES - Abstract
The term “living wage” has been used in two separate ways: (1) a wage rate that will enable workers and their families to live above a reasonable poverty threshold; and (2) a somewhat more ambitious standard, a wage rate that will meet a family’s basic budgetary needs. Both of these concepts are difficult to quantify, but quantification is necessary for setting meaningful benchmarks in formulating and debating living wage policies. This paper offers an approach to setting benchmarks as they apply to workers in Santa Monica, California. [Copyright &y& Elsevier]
- Published
- 2002
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