CANBERRA, June 15 (Xinhua) -- Australia's industrial relations tribunal has approved a minimum wage increase of 5.2 percent in response to rapidly rising inflation. The Fair Work Commission (FWC) on Wednesday announced that from July 1 the minimum hourly pay rate will increase from 20.33 Austral...
"Combined with an initial raise in January (by 2 percent), the overall increase reaches 9.7 percent compared to the minimum wage of 2021," he said during a televised address broadcast on Greek national broadcaster ERT. For the nearly 650,000 employees in this category, the increase corresponds...
In early December, the Comision Nacional de Salarios Minimos (CNSM) announced a 14% increase in the minimum wage for 1999. Representatives from the government and business chambers on the CNSM voted for the increase, while labor representatives protested the small raise by abstaining from the ...
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...
virtually all it consumes, is projected to ease somewhat to 3.5 percent in 2023, Mr Farquharson said the National Tripartite Council - the body that deals with all labour-related matters in the country - will likely assess whether to index the minimum wage to cost of living increases moving ...
The monthly and hourly minimum wages both grew an average of 5.5 percent after the adjustment. The new minimum wage standards will come into effect on June 1. In addition, new wage guideline for enterprises has been issued with the up increase line of 11 percent, datum line of 7 percent ...
When expenses increase, which happens when a higher mandated minimum wage pushes up a company's wage expense, revenues must also rise for the company to maintain its margin. Therefore, many businesses respond to higher wages by raising prices. ...
How much will the minimum wage be raised? The government had previously said it would increase the maximum minimum wage to 400 baht for 2024. However, it has since walked back this promise amid concerns that the proposed rate hike of almost 20 percent would substantially increase costs for bus...
In an online survey conducted in April 2024, around 44 percent of respondents in the United States who identified as Republican said that they strongly supported an increase in the federal minimum wage to 12 U.S.
Carter Evans reports on the increase and its detractors. Apr 1, 2024 01:51 Fast food workers getting pay bump in California The highest state minimum wage for fast food workers in the country will go into effect Monday in California. Jeff Nguyen takes a look at the possible impacts. ...