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Minimum wage News

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The new wage rates will take effect on October 1, 2024. The last revision was done in April 2024.
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"A total of 56,500 workers (40,500 unskilled, 8000 semi-skilled, 8000 skilled) will benefit from this," she also tweeted. The Election Commission will announce the schedule for assembly polls in Tamil Nadu, Assam, Kerala, West Bengal and Puducherry.
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The US-based company had drawn flak after reports of contract workers facing tough work conditions and getting low compensation came out. These reports suggested that some workers also suffered from post-traumatic stress.
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Trade unions Tuesday said they will go ahead with nation-wide strike on September 2, rejecting as "completely inadequate" the government's 42 percent hike in minimum wage to Rs 350 per day.
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The Centre will issue an executive order to ensure contract workers get a minimum wage of Rs 10,000 per month, Union Minister of State for Labour and Employment Bandaru Dattatreya said on Sunday.
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The government has notified the Payment of Bonus Act on January 1, a move which will benefit crores of workers whose wages are below Rs 21,000 per month.
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Myanmar's government has approved the country's first-ever national minimum wage, state media reported Saturday, after months of bitter negotiations with labour groups and employers.
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New York state was poised Wednesday to raise the minimum wage to $15 in the fast-food sector, a key victory in a long-running workers campaign for liveable wages.
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After a gap of two years, the government on Tuesday hiked the minimum wage for workers by Rs 23 to Rs 160 a day.
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Ikea's US division is raising the minimum wage for the second year in a row as the Swedish ready-to-assemble furniture chain looks to improve its relations with workers and reduce worker turnover.
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As the New Year approaches, Berlin bakery worker Jessica Arendt is not just looking forward to the fireworks. In 2015, she says, "I`ll be able to afford a few more things".
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The Finance Ministry is likely to give its concurrence next week to retirement fund body EPFO's trustees' decision to provide 8.75 percent rate of interest on PF deposits to over five crore subscribers this fiscal.
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The much-awaited minimum monthly pension of Rs 1,000 and a higher wage ceiling of Rs 15,000 for social security schemes run by retirement fund manager EPFO will be implemented from September 1.
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EPFO has asked its field staff to take steps for enforcing government's decision of raising wage ceiling to Rs 15,000 to cover the organised sector worker.
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The minimum wage of 8.50 euros an hour will eventually benefit more than five million workers in the low-wage sector.






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