Factsheet: Towards living wages & living incomes - Anker reference values
Published: 26 Apr 2024
The demand for living wage and living income estimates has surged in recent years as more and more companies and organisations recognise the importance of living wages and living income for sustainability. Fairtrade believes that measuring the gaps between what people receive in return for their labour and what they need for a decent standard of living is important to trigger action by local actors and along supply chains. Still, despite significant achievements by the Ankers and their research network in measuring local values for decent living, reliable benchmark studies are still lacking in many places.
Anker reference values are expected to be especially useful in identifying ‘hot spot’ countries where prevailing wages and incomes are very low compared to the needs of farmers and workers.