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Living Wages
Compensation Management
Prepared By
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Please seek permission to reproduce the same in public forms and presentations.
Manu Melwin Joy
Assistant Professor
Ilahia School of Management Studies
Kerala, India.
Phone – 9744551114
Mail – manu_melwinjoy@yahoo.com
Living Wages
• Living wages has been
defined differently by
different people in different
countries. The best definition
is given by Justice Higgins
which reads "Living wage is a
wage sufficient to ensure the
workman food, shelter,
clothing, frugal comfort,
provision for evil days etc. as
regard for the skill of an
artisan, if he is one".
Living Wages
• According to Fair Wages
Committee Report: "The living
wage should enable the male
earner to provide himself and his
family not merely the basic
essentials of food, clothing and
shelter but a measure of frugal
comfort including education for
the children, protection against ill-
health, requirement of essential
social needs and measures of
insurance against old age."
Living Wages
• Thus living wages means
the provision for the bare
necessities plus certain
amenities considered
necessary for the
wellbeing of the workers
in terms of his social
status.
Living Wages
• Article 43 of the Constitution of
India states that the state shall
endeavor to secure by suitable
legislation or economic
organisation or in any other way to
all workers a living wage,
conditions of work ensuring a
decent standard of life and full
enjoyment of pleasure and social
and cultural opportunities. Thus,
Government of India has adopted
as one of the directives of the
principle of slate policy to ensure
living wages.
Living wages  -  compensation management -  Manu Melwin Joy

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Living wages - compensation management - Manu Melwin Joy

  • 2. Prepared By Kindly restrict the use of slides for personal purpose. Please seek permission to reproduce the same in public forms and presentations. Manu Melwin Joy Assistant Professor Ilahia School of Management Studies Kerala, India. Phone – 9744551114 Mail – manu_melwinjoy@yahoo.com
  • 3. Living Wages • Living wages has been defined differently by different people in different countries. The best definition is given by Justice Higgins which reads "Living wage is a wage sufficient to ensure the workman food, shelter, clothing, frugal comfort, provision for evil days etc. as regard for the skill of an artisan, if he is one".
  • 4. Living Wages • According to Fair Wages Committee Report: "The living wage should enable the male earner to provide himself and his family not merely the basic essentials of food, clothing and shelter but a measure of frugal comfort including education for the children, protection against ill- health, requirement of essential social needs and measures of insurance against old age."
  • 5. Living Wages • Thus living wages means the provision for the bare necessities plus certain amenities considered necessary for the wellbeing of the workers in terms of his social status.
  • 6. Living Wages • Article 43 of the Constitution of India states that the state shall endeavor to secure by suitable legislation or economic organisation or in any other way to all workers a living wage, conditions of work ensuring a decent standard of life and full enjoyment of pleasure and social and cultural opportunities. Thus, Government of India has adopted as one of the directives of the principle of slate policy to ensure living wages.