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Minimum Wage

A Living Wage for Jamaica: Considerations for Calculation and Implementation

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Using the Jamaica poverty line data as its base, the authors develop a formula for calculating the living wage for Jamaica. Using the formula, as well as economic and fiscal data, the living wage is found to be 27% higher than the 2012 minimum wage. The feasibility of implementing a living wage and issues that will curtail implementation are discussed. We also provide a comparative analysis of living wage models in both developed and developing countries.

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