A fair, living wage for everyone

REVISED VERSION:

There should be a guaranteed minimum wage that provides for a reasonable standard of living. This minimum wage should be linked to the Consumer Price Index (CPI).

THE OLD VERSION:

In the big benefits debate, a common argument for people staying within the benefit system is that minimum wage jobs simply don’t pay enough.

Should we raise the minimum wage so that working is much more appealing than the benefits system? At present, with the low minimum wage and influx of ‘zero hour’ contracts, it’s easy to see why people get stuck in the benefits trap.

edited on Apr 13, 2015 by Salka Margrét Sigurðardóttir

Cecilia Rossler Apr 10, 2015

Hi Tom, could you try and formulate your idea into one sentence please?

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Salka Margrét Sigurðardóttir Apr 13, 2015

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Malcolm Ramsay Apr 13, 2015

Isn't the first sentence sufficient? A more mature society will hopefully have a monetary system which doesn't have a tendency to inflation built into it and the Consumer Price Index will then become unnecessary. Unless you think it adds something significant I'd say it should be left to lesser law to define how a reasonable standard of living should be defined.

Salka Margrét Sigurðardóttir Apr 13, 2015

The only reason I included the clause about the CPI is that in previous discussions about this proposal many mentioned that the minimum wage should follow the CPI. I felt like that was the common opinion of the platform, but that can of course be debatable. 

Having it linked to the CPI makes sure the minimum wage doesn't fall in real value. In for example the US the real value of the minimum wage has fallen by 45% since late 1960. In a perfect world we wouldn't need to account for this, but it seems that a 'fair' living wage requires it in reality. 

Malcolm Ramsay Apr 14, 2015

Thanks, Salka. I should have checked out previous comments before I jumped in.

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