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Living Wage

 

  The 2016 Fraser

Valley Living Wage

is $16.28/hour

Read the full report here.


What is a Living Wage?


The Fraser Valley Living Wage is $16.28/hour

Living Wage is the basic hourly wage required for a family of four with both parents working full-time year-round to meet basic needs and maintain a decent standard of living. Based on the actual costs of living in a given community, Living Wage provides a basic level of economic security, but still represents a conservative, bare bones budget. The Fraser Valley’s Living Wage was calculated based on the premise of social and economic inclusion for all.

Living Wage allows Fraser Valley residents to:

  • Meet basic needs
  • Create safe home environments for themselves and their children
  • Maintain decent standards of living
  • Participate as equal members of society

Benefits of a Living Wage

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How is the Living Wage Calculated?

Living Wage is calculated based on a bare bones budget for a healthy family of four with two children aged 4 and 7 and each parent working 35hrs/week and 52wks/year. At a Living Wage, this family can meet its basic expenses once government transfers have been added and government deductions and taxes have been subtracted. 

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*For details on the Living Wage Calculation see Living Wage Fraser Valley: 2016 Update

Fraser Valley Living Wage Employers


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Links


Funders


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Fraser Valley

Wages in the Fraser Valley


A Fraser Valley family where both parents work full-time full-year at Living Wage earns the amount required to meet their basic annual household expenses of $60,285 (accounting for government taxes and transfers). At B.C.'s minimum wage of $10.45, the same family earns only $38,038. This is less than two-thirds of the amount required to make ends meet, and sets them almost $1000 below the 2012 LIM-Before Tax poverty line. 

  • 15% of Fraser Valley residents, including 11,175 children under 18 years, live in poverty (LIM-After Tax).
  • There are over 5,000 working poor individuals in Abbotsford.
  • One in three two-parent two-child families in the Fraser Valley earns less than the Living Wage threshold.
  • One in three poor children in BC (32%) has at least one parent employed full-time, full-year. 

Despite working full-time, a large number of Fraser Valley residents are currently earning much less than what is required to meet their basic needs and provide a decent standard of living for their families.

For more statistics, see the Abbotsford Poverty Fact Sheet 2015.

Notable trends for 2015


  • Living Wage is increasing steadily over time for each of Metro Vancouver, Greater Victoria and the Fraser Valley.
  • The Fraser Valley living wage has risen by 25 cents (increase of 1.5%) since 2014 and 90 cents (increase of 5.5% ) since 2012.
  • Living Wage is increasing at a higher rate than the general BC inflation rate of 1.0%.
  • Compared to three years ago, Fraser Valley families must spend $308 more each month to make ends meet.
  • By dollar amount, the biggest drivers of the increase are childcare, shelter, and transport-ation, which rose by $87, $53, and $48 since 2012, respectively.
  • By percent change, the biggest drivers of the increase are MSP premiums and transportation, which rose by 12.5% and 11.4% since 2012, respectively.

Living Wage Fraser Valley

Living Wage Fraser Valley (LWFV) is a voluntary multi-sectoral group that works to reduce poverty by raising community awareness, influencing local policy and recognizing local employers who pay their employees a living wage. We believe that people who work full time should not live in poverty and that working individuals should maintain a decent standard of living where they can participate fully in society. Living Wage Fraser Valley is hosted by Vibrant Abbotsford and partnered with Living Wage for Families via the Living Wage Employer Certification Program. 

Get Involved


Living Wage Employers
  • Join our email list and become a member of Living Wage Fraser Valley

  • Become a certified Living Wage employer

  • Discuss Living Wage with family, friends and community (raise awareness)

  • Support policies and tax/transfer systems that make cost of living more affordable

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