This study proposed a living wage calculation plan for Gyeonggi-do and
a living wage calculation plan for 31 cities and counties in Gyeonggi-do in
2024.
The 2024 living wages in Gyeonggi-Do are derived through basic
classification by four standards: the household expenditure, earned income, and
household income standards as well as the previous year's living wages standard.
The proposals for living wages in 2024 derived as such are 11,159 won (Proposal
1) - 12,017 won (Proposal 3)
- Proposal 1 is calculated as 11,159 won by adding housing and education
costs to the relative poverty baseline.
- Proposal 2 is calculated as 11,446 won by adding cultural leisure costs
to Proposal 1.
- Proposal 3 is calculated as 12,017 won by adding transportation costs to
Proposal 2.
- Proposal 4 is calculated as 11,780 won, including communication costs
in the value at which housing, education, and transportation costs are added
to the relative poverty baseline.
The 2024 living wage plan for 31 cities and counties was derived by reflecting
regional characteristics. In case of Proposal 4, among the 31 cities and counties,
the highest living wage is Seongnam-si, which is 11,913 won (1.6% increase
compared to 2023), and the lowest living wage is Dongducheon-si, which is
calculated to be 10,804 won (7.3% increase compared to 2023).
In Addition, this study proposed a plan to expand the living wage to the
private sector
Suitable institutions for expansion into the private sector include, first, public
universities, medium and large hospitals, banks, elementary, middle and high
schools in Gyeonggi-do, second, companies and organizations within the local
government that receive various financial support such as R&D funds, facility
funds, and operating funds from local governments, and third, within the
jurisdiction of local governments. Analyzed as social enterprises, women's
enterprises, self-reliance centers, welfare centers, etc.