A Living Wage for The Bahamas: Estimates, Potentials, and Problems

Lesvie Archer, Bridget Sophia Hogg, V. Perumal, O. Saunders, Brit Johnson
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Abstract

This report describes how living wage estimates were calculated for New Providence and Grand Bahama. This report uses primary and secondary sources and is inspired by the Anker methodology. We calculated that $2625 and $3550 were needed each month as the gross living wage for a full-time worker who must sustain a family of four in New Providence and Grand Bahama, respectively. We estimated the net living wage to be $2500 per month for New Providence and $3400 for Grand Bahama. Our estimates are almost 200% higher than the minimum wage and nearly 130% higher than the poverty line for New Providence; for Grand Bahama, they are almost 300% higher than the minimum wage and 160% higher than the poverty line. The study should inform national discussions on public policy matters related to reducing the country’s cost of living, improving its income equity, and pursuing economic justice for all.
巴哈马的生活工资:估计、潜力和问题
本报告描述了如何计算新普罗维登斯和大巴哈马的生活工资估计数。本报告使用一手和二手资料,并受到Anker方法论的启发。我们计算出,在新普罗维登斯和大巴哈马,一个全职工人每月需要2625美元和3550美元作为维持一个四口之家的总生活工资。我们估计新普罗维登斯的净生活工资为每月2500美元,大巴哈马为3400美元。我们的估计比最低工资高出近200%,比新普罗维登斯的贫困线高出近130%;在大巴哈马群岛,他们的工资几乎比最低工资高300%,比贫困线高160%。这项研究应该为有关降低国家生活成本、提高收入公平和为所有人追求经济公正的公共政策问题的全国讨论提供信息。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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