DR Ambedkar IAS Academy

Global Wage Report

Global Wage Report

  • Global wage report 2020-21 released by the International Labour Organization (ILO) Report titled “Wages and minimum wages in the time of COVID-19” presents the emerging empirical evidence of the effects of the crisis on wages,

Key findings

  • The disproportionate impact of COVID-192 workers in lower-skilled occupations lost more working hours than higher-paying managerial and professional jobs.
  • Informal workers in India suffered a 22.6% fall in wages, even as formal sector employees had their salaries cut by 3.6% on an average,
  • Gender wage gap: Without wage subsidies, women would have lost 8.1% of their wages in the second quarter of 2020 compared to 5.4% for men.
  • Between 2016-19, wages increased most rapidly in Asia and the Pacific and Eastern Europe and slowly in North America and northern, southern and western Europe.


  • Adequate and balanced wage policies arrived at through strong and inclusive social dialogue.
  • Adequate minimum wages could help to ensure more social justice and less inequality
  • ILO is the United Nations agency. It brings together governments, employers and workers to drive a human-centred approach to the future of work through employment creation, rights at work, social protection and social dialogue

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