• K.Ram

The European Commission released a consultation paper on January 14th, 2020, with the goal of enacting legislation to ensure that Europe's minimum wage is competitive. As shown in this policy brief, we advocate using the 'in-work poverty wage' criterion of 60% of the national full-time gross median pay as a starting point for determining whether minimum wages are adequate or not. Because the median pays in nations with a large percentage of low-paid employees is extremely low, a minimum wage of 60% of the national median income may not be sufficient to provide a reasonable standard of life. Consequently, an obligation to test the 60% target in real life should be included as part of the Commission initiative. This could be done by looking at, for example, a country-specific basket of goods and services defined with the participation of trade unions and employers' organizations to see if an hourly rate of 60% the national median hourly rate really is an hourly rate that ensures a decent standard of living Additional proposals for measures to support sectoral collective bargaining should be developed by the Commission to ensure that 60% of the national median wage really is a fair minimum wage that provides more than mere subsistence by making it possible for workers to participate in society and allowing them to protect themselves against unforeseen shocks.

Employer, European Commission, Goods, Minimum Wage, Services, Unions.

"The European Union’s Minimum Wage Policy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.281-285, February-2019, Available :http://www.jetir.org/papers/JETIRFJ06059.pdf

"The European Union’s Minimum Wage Policy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp281-285, February-2019, Available at : http://www.jetir.org/papers/JETIRFJ06059.pdf