Living Wage a Relevant Topic for Europe

5 Pages Posted: 26 Jul 2018

See all articles by Brian Fabo

Brian Fabo

National Bank of Slovakia

Date Written: June 26, 2018

Abstract

This policy brief examines the concept of a ‘Living Wage’ and its place in European political discourse. A Living wage is commonly understood as a needs-based estimate of the funds necessary for provision of basic goods for a worker and his/her family. Although the idea has seen a resurgence following the launch of the European Pillar of social rights, there is still no widely accepted conceptualization of it, or its relationship with statutory minimum wages now in place in many countries. The Briefing shows that minimum wages, particularly in Eastern EU countries, are often insufficient to cover the actual living costs of workers, even with very minimal conception of what these are.

Keywords: living wage ; European Pillar of Social Rights ; EU policy ; EU countries

Suggested Citation

Fabo, Brian, Living Wage a Relevant Topic for Europe (June 26, 2018). ETUI Research Paper - Policy Brief 8/2018, Available at SSRN: https://ssrn.com/abstract=3211830 or http://dx.doi.org/10.2139/ssrn.3211830

Brian Fabo (Contact Author)

National Bank of Slovakia ( email )

Imricha Karvasa 1
813 25 Bratislava
Slovakia

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