8. REMUNERATION 薪资
LIVING WAGE ESTIMATE 生活工资估算
The living wage estimate:
1. Uses both quantitative and qualitative methods (8.1).
a. The quantitative method involves the following steps at a minimum:
i. Assesses workers’ expenses.
ii. Assesses the average family size in the area.
iii. Analyses the typical number of wage earners per family.
iv. Analyses government statistics on poverty levels (Poverty level analysis will indicate the cost of living above the poverty line).
b. The qualitative method involves the following at a minimum:
i. Consultation with workers to understand whether workers’ wages are sufficient
to cover the basic needs for themselves and their dependents, using the
quantitative analysis as a point of reference.
2. Arrives at a figure that meets the basic needs of personnel and provides some discretionary income
(8.1).
LIVING WAGE STEP-APPROACH 生活工资步骤法
1. The existing baseline is established. There is evidence that at least the legal minimum wage
– or collective bargaining wage when applicable – is being paid (8.1).
2. The living wage estimate has been conducted, as described above (8.1).
3. The living wage estimate and a strategy to advance wages to meet or exceed it are in place.
Progress is monitored and documented systematically with indicators and milestones (8.1).