Tags » Living Wage
At Monday’s meeting Newham Council passed a motion which, after a lengthy preamble, concluded
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this Council commits to become an accredited Living Wage & Unison Ethical Care Charter Employer in the next financial year, ensuring that all directly employed staff, and all staff employed by contractors who work for Newham Council receive at least the London Living Wage.
Oxfam’s proposed living wage of HK$54.7/hour for Hong Kong is based on a stingy set of circumstances, and while it may allow corporations to make a song-and-dance about their social responsibility, such a wage would do little to alleviate poverty in our city: it may even make matters worse, normalising a miserly quality of life into “social responsibility” lore. 592 more words
This reality illustrates how neoliberal free trade agreements are not about creating free markets so much as establishing favorable conditions for multinational corporations to maximize profits through access to low-wage labor.An inevitable consequence of the neoliberal free trade model is the immiseration of millions of people, many of who cannot find jobs, and most of those that do earn poverty-level wages. 80 more words