What is a family wage?
Family wage represents an income value that is sufficient for the family to cover its basic costs. The costs contained in this issue include housing, food, tools, childcare and transport. The number usually does not include any support for government agencies or other relatives who can give the family money. The family wage is, unlike live wages, a number that the only individual must maintain a specific standard of living. Individual states, regions or countries often publish information about family and live wages for their area. If the wage must cover these items, it may be subjective if different families consider different items to be a necessity. For example, transport in one city may be a bus pass, as the family can use public transport to familiarize around the city. Another city may require sports use as a rough terrain makes the offer of public transport more difficult. This problem also manifests itself in other items such as housing, food and tools because the size of the family is mIt can differ in different areas.
In many cases, there is no standard calculation for family wages. States, regions or countries can offer basic formulas or online calculators that provide basic information about what the family may need to cover basic needs. Most of these formulas and calculators use predetermined specifications, such as a family of four or average costs of normal expenses in this area. Such provisions are often published, so the family can understand why numbers are higher or lower than they believe that is necessary. The five family would have to adjust the formula if it considers a family with a four base for calculation.
Governments often determine the minimum wage for staff a particular maybe for the purpose of providing live wages for individuals. The minimum wage often does not meet the need to cover the cost of calculating wages in the family. In some cases the family P canto grind two income to cover the basic needs of their lifestyle. Two minimum full -time jobs may or may not be enough to meet this need. Moreover, the minimum wage does not guarantee life wages.
The lack of a defined family of families can make it difficult for the family to decide where to move or live. Lack of information makes it difficult for the family to ensure that it can cover its costs in a particular area. Many individuals and families compare information from one or more areas in terms of wages to determine where to move or live in a particular area.