On October 30, 2023, the National Salary Council approved the minimum wage increase for the private sector for 2024. It was agreed to increase wages by 1.83%. The above was formalized by Executive Decree No. 44293-MTSS of November 9, 2023, published in the newspaper La Gaceta on Decemb...
Theminimum wageinCaliforniais set to increase on January 1, 2023. The state-wideCaliforniaminimum wage will rise to $15.50 per hour for all employer sizes. Currently, in 2022, the minimum wage inCaliforniais $14 an hour for employers with 25 or fewer employees and $15 an hour for employer...
ULAN BATOR, May 4 (Xinhua) -- Mongolia will increase monthly minimum wage by 31 percent to 550,000 Mongolian tugriks (around 178 U.S. dollars) from the beginning of 2023, Ayush Ariunzaya, the country's minister of labor and social protection, said Wednesday. During a meeting on Wednesday...
As with every year, employers should take note that on January 1, 2023 several state and local minimum wages (as well as exempt employee thresholds) increase. Some states implement annual increases that account for inflation and are based on the Consumer Price Index. Other state laws are focuse...
Businesses would have until Jan. 1, 2026, to increase pay to at least $18 an hour. In 2023, California Gov. Gavin Newsom signed a new law that mandated a minimum wage increase to $20 an hour for the state's 553,000 fast-food workers, beginning inApril 2024. ...
Florida’s incremental minimum wage increase will take effect at the end of September. Below is an interactive map that shows where minimum wages will — and won’t — be changing in 2023: Despite more than half of the U.S. preparing for a minimum wage hike in the new year, the mini...
Puerto Rico’s second automatic increase in the minimum wage is July 1, 2023, from $8.50 per hour to $9.50 per hour. With limited exceptions, this increase will apply to all non-exempt employees covered by the Fair Labor Standards Act. The Puerto Rico Minimum Wage Act, Act No. 47-2021...
A new minimum wage will take effect in California next year, an increase triggered by soaring inflation.
ing the potential increase of the minimum wage through an allowance. National Committee on Setting the Minimum Wage kept the daily minimum wage unchanged at 4,800 Kyats. But the cost of living increases were catered for through an allowance of 1,000 Kyats per day, starting from October 2023....
As part of the FY 2024 Budget, Governor Hochul secured a historic agreement to increase New York’s minimum wage through 2026 and index it to inflation beginning in 2027.