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Can the Electronics Industry Provide a Living Wage? Not While Corporations Set the Rules

October 30th, 2015 · No Comments

A “living wage” means a “take home” or “net” wage (excluding any taxes, bonuses, allowances, or overtime wages) earned during a country’s legal maximum work-week (not exceeding 48 hours), which is sufficient to pay for the basic needs (housing, energy, nutrition, clothing, health care, education, potable water, childcare, and transportation) of a family of four people, and includes an additional 10% of the cost of basic needs as discretionary income. Global Living Wage Coalition coordinator Michelle Bhattacharyya summed up the idea of the minimum wage as “the minimum level that you need for a decent life that we consider a human right.”

Source: Can the Electronics Industry Provide a Living Wage? Not While Corporations Set the Rules

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