Big Ideas, Real Impact.
155 direct cash pilots. Virtually zero fund abuse. Improved participant mental health. Child poverty at its lowest recorded level during COVID-era unconditional cash transfers.
The evidence points towards direct cash improving family wellbeing. The question now is not whether a Living Wage Floor works. It is how philanthropy invests in learning about how to build one.
Incevia Policy Partners and the Asset Funders Network have published “The Living Wage Floor”. In this paper Hannah Thomas and Rachel Black outline their case for why the next five years are the window for building out how we can build out a living wage floor integrated into a redesigned benefits system, and designed to work with the economy we are moving towards this century rather than the one from early last century. We outline what the three philanthropic investment pathways look like, and why the hardest barrier to scale is not political will but the absence of delivery infrastructure.
Read the full piece through the Asset Funders Network: A Living Wage Floor - Asset Funders Network