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Trade unions stick to September 2 strike, reject government's wage hike

Trade unions stick to September 2 strike, reject government's wage hike

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.

Executive order soon for Rs 10,000 minimum wage for contract workers

Executive order soon for Rs 10,000 minimum wage for contract workers

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.

Higher bonus for workers becomes a reality

Higher bonus for workers becomes a reality

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.

Myanmar approves first-ever national minimum wage

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.

New York plans $15 minimum wage at fast-food chains

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.

Govt hikes minimum wage to Rs 160 a day

Govt hikes minimum wage to Rs 160 a day

After a gap of two years, the government on Tuesday hiked the minimum wage for workers by Rs 23 to Rs 160 a day.

IKEA raises minimum wage for US workers 2nd year in a row

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.

German minimum wage rings in Happy New Year for millions

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".

Finance Ministry may ratify 8.75% interest rate on EPFO next week

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.

Minimum monthly pension of Rs 1,000 under EPFO; wage ceiling up at Rs 15,000

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.

EPFO asks staff to take steps to enforce min pension, wage cap

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.

Germany to adopt minimum wage to help working poor

The minimum wage of 8.50 euros an hour will eventually benefit more than five million workers in the low-wage sector.

Swiss turn down world`s highest minimum wage

Swiss voters on Sunday rejected a proposed hourly minimum wage of USD 25 -- which would have been the world`s highest -- in one of the planet`s priciest nations,

Barack Obama urges Congress to raise US minimum wage

US President Barack Obama urged Congress on Tuesday to raise the federal minimum wage, challenging legislators to help reverse income disparity across the country.