What does Volt think? / Economic Revolution

Living Wage & Universal Basic Income

The minimum wage needs to be a living wage. Not less. Anyone working full-time should not have to depend on charity to make ends meet. The minimum wage has trickled up whilst expenses continue to skyrocket.

Living Wage

  • Improve the Personal Action Plan by JobsPlus to make it more inclusive, accessible and successful for persons of different backgrounds.

    • Add financial literacy training.

    • Add ‘planning for the future’.

  • Develop ‘‘Regeneration’’ courses for the unemployed and NEETs to facilitate reintegration into the educational and workforce system, and help build confidence.

    • Ensure that such courses also make a significant emphasis on highlighting mental health, and facilitating access to mental healthcare services.

  • Ensure awareness and accessibility of mental healthcare facilities.

  • Study and research outcomes of the YOUTH GUARANTEE 2.0 programme, to create a better 3.0 version of the project.

  • Offer free/supported educational services to facilitate obtaining a higher qualification level which would facilitate access to the job market for NEETs and persons unemployed for at least 24 months. Access would be supported by facilitating the purchase of textbooks & a stationary set required for their education, since public education until MQF 6 is free.

    • This service may be used once to obtain an MQF 5 or MQF 6 Qualification in Malta if their current qualification does not suffice for a satisfactory job.

      • The skills that the course provides must be skills that are currently in demand in Malta or Europe. Additionally, it would seek to fill in gaps within the public sector and would be facilitated through work experience.

    • This service may be used a second time to obtain an MQF 5 or MQF 6 Qualification in Malta if their current qualification does not suffice for a satisfactory job.

      • The skills that the course provides must be skills that are currently in demand in Malta or Europe.

      • They may apply for an MQF 7 course, against a 0% interest rate loan which is repayable over 5 years in which the individual is working. 

    • This service may be used to obtain a minimum education qualification of MQF 4 and may opt to continue to achieve an MQF 5. 

    • This service may be used to obtain an MQF 7 Qualification in Malta if their current qualification does not suffice for a satisfactory job.

      • They may apply for an MQF 7 course, against a -5% interest rate loan which is repayable over 5 years in which the individual is working. 

      • The skills that the course provides must be skills that are currently in demand in Malta or Europe. Additionally, it would seek to fill in gaps within the public sector and would be facilitated through work experience.

Universal Basic Income

  • Conduct an experiment in UBI in Malta to study for 4 years through a cross-section of society, but primarily focused on individuals in, or at risk of poverty & social exclusion.

The 5+1 Challenges

Volt has defined 5+1 fundamental Challenges that need to be tackled in each European country and in Europe as a whole.

Why 5 + 1 Challenges?

The 5 Challenges are basically the same for every country, but their implementation can be adapted on the national level to take into account local realities.

The +1 Challenge – our proposal to reform and strengthen the EU – is identical across all our national programmes.

View the policy portfolio
  • 01

    Smart State

    Education and digitalisation are key elements of the 21st century

  • 02

    Economic Renaissance

    An innovative economy must be the engine of society's progress

  • 03

    Social Equality

    No-one should be left behind - no matter their gender, income, religion. or origin

  • 04

    Global Balance

    Europe needs to assume responsibility for its role in global challenges

  • 05

    Citizen Empowerment

    People must be empowered to influence politics beyond elections alone

  • +1

    EU Reform

    We love the EU - this doesn't mean there is no room for improvement