The Government may give up on the minimum wage increase for employees with a minimum of 15 years of work and keep the increase to RON 2,350 per month only for employees with high education, according to a substantive note to the initial project. The measure may be adopted by the Government in Friday’s meeting. The Labor Minister Marius Budai declared recently that he expected the minimum wage increase to come into force on January 1. “The minimum wage will have a discussion today during the visit to Brussels and will be debated and approved on Friday in the Government meeting, and then we will have the final form. What can I anticipate, I think it will come into force on 1 January,” said Budai. The gross minimum wage was to increase, according to the initial project, to RON 2,080 per month, for all employees, except for the persons with higher education and those with at least 15 years of seniority, for whom the level of RON 2,350 per month. On 24 October, … [Read more...] about The Government may ditch the minimum wage increase for employees with 15-year work-age
Minimum wage increases
Romanian prime minister Viorica Dancila said on Wednesday that she opposes the project to increase the gross minimum wage from RON 1,900 up to RON 2,080 from November 1, but she agrees to apply the measure from December or January 2019. “Not from November 1, we talked to the trade unions. We will see if it is appropriate from 1 December or 1 January,” she said. The government could increase the minimum gross wage in Romania by 9.5 percent from November 1, up to RON 2,080 (EUR 446), and implement higher minimum wage for university degree and seniority, the Labour Minister Olguta Vasilescu recently said. BR has announced this week that the Romanian government is planning to introduce a higher minimum wage for university graduates and employees with at least 15 years of seniority starting from November 1, 2018, amid fierce opposition of employers and unions. The project has already been drafted and proposes to increase the minimum gross wage in Romania by 9.5 percent. … [Read more...] about Romanian PM opposes minimum wage increase from November 1. The measure could be applied in December or January
The association of businessmen in Romania (AOAR), one of the largest employers’ association in the country, has denounced on Monday the government plan to increase minimum wage from November 1 by 9.5 percent up to RON 2,080 as being an arbitrary and populist measure. AOAR points out to the economic slowdown in 2018. “Under such conditions, the announcement of the advance of the increase in the minimum wage to November 1, 2018, from January 1, 2019, is a populist, arbitrary measure adversely affecting the private sector, especially the manufacturing industry,” AOAR said in a press release. The government could increase the minimum gross wage in Romania by 9.5 percent from November 1, up to RON 2,080 (EUR 446), and implement higher minimum wage for university degree and seniority, according to the Labour Minister Olguta Vasilescu. Romania currently has the third lowest gross minimum wage of RON 1,090 (EUR 416), after Bulgaria, EUR 261, and Lithuania (400 EUR), according … [Read more...] about Romanian business association calls minimum wage increase plan “populist, arbitrary” measure
Pago Pago, AMERICAN SAMOA — While StarKist Inc., the US-based owner of StarKist Samoa in Atu’u, has offered no comments on the immediate effect of the new minimum wage increase, the company notes that, historically, past increases have impacted its overall operations. The new 40-cent per hour federally mandated minimum wage hike for all 17 different industry sectors in American Samoa, went into effect Sept. 30, 2018. Many in the private sector, as well as senior government officials remain concerned over the impact the continued increases will have on the canneries — including the can manufacturing plant in Satala — which now has a minimum wage of $5.56 an hour. Asked how many StarKist Samoa employees are affected by the new minimum wage hike, StarKist corporate spokesperson Michelle Faist told Samoa News yesterday that, “as a policy, we don’t share specific details about employee wages.” As to other Samoa News inquiries, Faist provided a … [Read more...] about Impact of new minimum wage increase on StarKist still to be seen
There's a chance the recent minimum wage increase could end up harming those it's meant to help, according to experts. New Zealand's minimum wage has been upped to $16.50, with plans to raise it to $20 by 2021. Minimum wage a 'subsidy' for business owners Easter bonus for NZ's lowest-paid workers The 75c increase will have a wide and varied impact. For example, teacher aides will take home a slightly larger pay packet - but without any increase in funding, some schools will struggle to keep them on. A report from the Ministry of Business Innovation and Employment warns that businesses will need to fork out an extra $129 million to meet the new minimum wage, potentially putting 3000 jobs in jeopardy. Alex Penk from Maxim Institute says minimum wage workers will be pleased with the boost to their pay packets - but at the same time, they might lose some of their Working For Families payments. "If an employer looks at this and says 'well maybe I should invest in automation … [Read more...] about Minimum wage increase: Could it harm those it’s meant to help?