Mexico’s minimum wage commission agreed Tuesday to grant a 3.9% increase in the minimum wage beginning in 2013, below the 4.2% hike granted a year before and less than the current rate of inflation.
The commission, which includes representatives of government, business and labor unions, said the increase of 3.9% brings to just under 65 pesos ($5.10) a day the minimum wage in the highest-paid Zone A, which includes the capital and major cities.
The minimum wage has for years been well below market wages, and more than anything serves as a benchmark for other wage negotiations during the year.
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MINIMUM-WAGE laws have a long history and enduring political appeal. New Zealand pioneered the first national pay floor in 1894. America’s federal minimum wage dates from 1938. Most countries now have a statutory pay floor—and the ranks are still swelling. Even Germany, one of the few big countries without, may at last introduce a national … Continue reading »
Before the recession, Amie Crawford was an interior designer, earning $50,000 a year patterning baths and cabinets for architectural firms. Now, she’s a “team member” at the Protein Bar in Chicago, where she makes $8.50 an hour, slightly more than minimum wage. It was the only job she could find after months of looking. Crawford, … Continue reading »
France’s Socialist government has announced it’s raising the country’s minimum wage for the second time in seven months. The measure is to boost consumer spending despite Paris’ austerity course. The French government said on Monday the cross-sector general minimum wage in the country would be increased by 0.3 percent as of January 1, 2013. It … Continue reading »
President Juan Manuel Santos emphasised Friday that “a minimum wage that is too high promotes unemployment and encourages informality,” pouring cold water on any hopes Colombians may have had in a significant increase in the minimum wage, El Tiempo reported. “The goal [of any new wage agreement] should be to maintain the minimum wage’s current …Continue reading »
On Wednesday, the Government of Lithuania led by Social Democrat Algirdas Butkevicius approved of the proposition to increase minimum monthly wage (MMA) to LTL 1,000 (EUR 289) as of January 1, 2013, informs LETA/ELTA. The minimum hourly wage was set at LTL 6.06 (EUR 1.7). “We start work by implementing the commitments made to our … Continue reading »
The Hong Kong government said it would raise the minimum wage by 7 per cent in May next year as it tries to allay concerns about a growing disparity between the rich and the poor in the city. The lowest salaries will rise to HK$30 (US$3.90) an hour, the government said on Wednesday, affecting about … Continue reading »
A large-scale labor rally in Medan forced dozens of companies to suspend operations on Thursday, with the firms’ workers following the lead of their Jakarta counterparts by demanding a significant minimum wage increase. Thousands of workers from Medan and surrounding areas continued their rally for a second day on Thursday, after their Wednesday protest caused … Continue reading»
New York / Minimum-wage hike would kill 22,000 jobs over the next decade finds The National Federation of Independent Business
A proposal to hike the state’s minimum wage would kill 22,000 jobs over the next decade and cut economic output by $2.5 billion, New York’s small- business lobby claimed in a study released yesterday. The National Federation of Independent Business report estimates that seven of every 10 job losses would occur in small businesses, which … Continue reading »
Thailand’s private sector today called on the government to take serious action to alleviate entrepreneurs’ financial burdens after the January 1 nationwide increase of the daily minimum wage to Bt300. Payungsak Chartsutipol, president of the Federation of Thai Industries, said a meeting of the Joint Standing Committee on Commerce, Industries and Banking (JSCCIB) agreed to … Continue reading »
Farmers accept that the minimum wage will increase. In addition farmers proposed that the parties jointly assess the nature and extent of ‘in kind’ benefits and how these should be accounted for in the wage structure. Whilst the affordability of higher wages may be a constraint, the broader policy environment which impacts on the sector’s profitability requires … Continue reading »
Prime Minister Lawrence Gonzi has admitted that single people earning minimum wage will be paying tax on their gross incomes, due to the increase from the cost of living adjustment and the government bonus that will push the minimum wage into the taxable bracket. In an interview on Radju Malta’s Ghandi Xi Nghid, Gonzi confirmed … Continue reading »
The minimum wage in Saskatchewan is going up on Saturday. Last month, the province announced the minimum wage would increase from $9.50 to $10.00 per hour on Dec. 1. The increase will affect approximately 22,000 minimum wage earners, roughly five per cent of the paid workforce in the province. The minimum call-out pay will also … Continue reading »
Malaysia / Minimum Wage / Efforts to smoothen the transition for small and middle industries are seriously lacking
Although the minimum wage law is scheduled to take effect in January 2013, the Barisan Nasional government does not seem to be particularly committed to re-imagine the Malaysian economy through wage policy reform. Efforts to smoothen the transition for small and middle industries are seriously lacking too. Minimum wage is meant to tackle several long-standing … Continue reading»
Over a million Russians get a monthly wage of $148, most of them from the public sector, well below the $220 poverty line. 650,000 Russians out of 1.3 million living on the minimum wage work in the public sector, according to the country’s Public Health and Social Development Ministry. The minimum wage is the lowest … Continue reading »
Nannies, caregivers and housecleaners earn a median wage of about $10 an hour, and few receive benefits like health insurance or paid sick days, according to the first-ever national statistical study of domestic workers, which is being released Tuesday. The study, based on interviews with 2,086 workers in 14 major metropolitan areas, found substantial differences …Continue reading »
Industry Minister MS Hidayat said on Friday that he supported a plan of top businesspeople to challenge Jakarta Governor Joko “Jokowi” Widodo’s decision to set Jakarta’s 2013 provincial minimum wage at Rp 2.2 million (US$228). “I have been informed by Apindo [Indonesian Employers Association] that it will file a lawsuit with the PTUN [state administrative … Continue reading »