What is the Living Wage & how do you measure it?

Spot prioritizes fairness. But when money is involved, being fair can be a complicated topic. At Spot, we protect workers by: Rewarding employers who have inclusive hiring practicesPaying Spot workers within 48 hours of completing a gigInsurance in case of damage or accidentNot charging hidden fees.  In conversations about money and fairness, key phrases include the ‘minimum wage’ and the ‘living wage’.  The minimum wage is the lowest hourly rate that an employer can legally pay their staff. Studies have shown that raising the minimum wage reduces wage inequality. Paying the minimum wage might seem like a good idea, but doesn’t account for the local cost of living or inflation. The living wage…

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