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Different Between Minimum Wage And Living Wage - Politics - Nairaland

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Organised Labour To NASS: We’re Fighting For Living Wage, Not Starvation Wages / May Day: NLC Rejects 35% Pay Rise, Insists On Living Wage / May Day: I’ll Pay Workers Living Wage — Tinubu (2) (3) (4)

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Different Between Minimum Wage And Living Wage by comradesunday(m): 7:10pm On Jul 21, 2023
Nigeria workers have experience successive minimum wage increase coming with constant reviews. The last review was from #18000 to #30000 yet the issue it was met to solve keep staggering.
However, of recent the incumbent Government of President Tinubu has come out to say enough is enough to Minimum Wage, Nigeria workers are now due for living wage.
My question now is... What are the advantages and disadvantages of minimum wage and living wage, respectively...

Meanwhile, this is an extract online definition of duo:

The living wage refers to the income level required to sustain a decent standard of living based on the family size and the location. On the other hand, the minimum wage refers to the income level authorized by the law that ensures that the employees are not pushed into poverty.
Re: Different Between Minimum Wage And Living Wage by shahnewazr(m): 7:12pm On Jul 21, 2023
hi
Re: Different Between Minimum Wage And Living Wage by LagosFirstSon: 7:13pm On Jul 21, 2023
So N200,000 proposed by the NLC is the so called living page abi?

N200,000 is less than $200

Money wey small boys dey use buy recharge card

Abeg shift
Re: Different Between Minimum Wage And Living Wage by Jnkay: 7:19pm On Jul 21, 2023
A living wage is not the same as the minimum wage, which is the legal minimum all employers must pay. The living wage sets a higher test. The minimum wage is the same across the province. Living wage reflects what people need to earn to cover the actual costs of living in their community.
The minimum wage is mandatory for many occupations. The living wage is a voluntary commitment of employers to go beyond the minimum standard and pay enough for employees to cover their expenses and participate in community.

The wicked president call Tinubu is not ready to pay any of these.

Tinubu is a game changer, Tinubu is a strategist but when is time for him to show Nigerians his skills ''Oti gba penalty wo throwing"

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Re: Different Between Minimum Wage And Living Wage by comradesunday(m): 7:34pm On Jul 21, 2023
THANKS SO MUCH FOR THIS CLARIFICATION... IT MEANS A LOT AND GO A LONG WAY TO EXPOSE THE DIFFERENCES

Jnkay:
A living wage is not the same as the minimum wage, which is the legal minimum all employers must pay. The living wage sets a higher test. The minimum wage is the same across the province. Living wage reflects what people need to earn to cover the actual costs of living in their community.
The minimum wage is mandatory for many occupations. The living wage is a voluntary commitment of employers to go beyond the minimum standard and pay enough for employees to cover their expenses and participate in community.

The wicked president call Tinubu is not ready to pay any of these.

Tinubu is a game changer, Tinubu is a strategist but when is time for him to show Nigerians his skills ''Oti gba penalty wo throwing"
Re: Different Between Minimum Wage And Living Wage by comradesunday(m): 7:32am On Sep 30, 2023
LagosFirstSon:
So N200,000 proposed by the NLC is the so called living page abi?

N200,000 is less than $200

Money wey small boys dey use buy recharge card

Abeg shift

LagosFirstSon:
So N200,000 proposed by the NLC is the so called living page abi?

N200,000 is less than $200

Money wey small boys dey use buy recharge card

Abeg shift

If FEDERAL GOVERNMENT had granted the #200k proposal, workers would have been happy...
But hitherto, nothing has happened... Another nation wide strike is imminent.

But one thing is sure, President Bola Tinubu still have lots of good plans for nigeria workers and every nigeria

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