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6 results for "minimum wage"
Colombia's government won backing from labor unions and businesses to maintain a historic 23.7% minimum wage increase that brings workers closer to a living wage. Despite legal challenges and warnings of job losses, the country's unemployment rate has dropped to its third-lowest level ever.
Millions of Nigerian workers are taking home bigger paychecks this month thanks to new tax reforms that cut rates for nearly everyone earning under $12,000 a year. The changes, which took effect in January, exempt minimum wage earners entirely and reduce taxes for 98% of the workforce.
Over 3 million South African workers will see bigger paychecks starting March 1st when the national minimum wage rises to R30.23 per hour. The increase will lift wages for some of the country's most vulnerable workers, including farm and domestic employees.
Kerala is leading India's pushback against new federal labor laws that workers say threaten their rights. The state government promised to use every constitutional tool to protect its workforce.
More Chinese workers are getting a raise as 27 provinces increased minimum wages over the past year, with many seeing double-digit bumps. The nationwide push aims to put more money in people's pockets and reignite consumer spending.
In a retail landscape where wages often spark controversy, Costco just announced pay raises that put its average hourly worker above $30 per hour. The warehouse giant is also adding paid vacation for first-year employees and up to six weeks off for 30-year veterans.