News Muncher - category wage

2 days, 1 hour ago

What changes should small businesses be aware of for 2025?

For small businesses, the biggest change in the new year will be the arrival of a presumably more business-friendly administration in Washington. Among them: changes to state-level overtime and minimum wage rules, the delayed federal FinCEN registration, taxes on payments from third-party providers like Venmo and PayPal, and anything that might affect inflation, including tariffs. “What we’ve seen for the …

Business Inflation Small Business Trump Small Businesses 2025 Federal

2 days, 5 hours ago

Employers Not Outsiders But Stakeholders, Must Be Heard While Fixing/Revising Minimum Wage Of Employees: Karnataka High Court

Live Law

The Karnataka High Court has said that while fixing or revising the Minimum Wages to be paid to employees, employers which is a stakeholder and which will be affected in the exercise, should have their say and the stand before the notification is passed by the Government. A division bench of Chief Justice N V Anjaria and Justice K V …

Exercise Natural Justice Minimum Wage Judge Wages Statutory Act

2 days, 5 hours ago

Volkswagen Cuts Deal With The Union, To Layoff 35,000 Jobs In Germany In Future

ABP News

Volkswagen on Friday announced some major changes to the company’s operations in the home country. Volkswagen said that no immediate site closures or layoffs would take place and also backed away from its demand of 10 per cent wage cuts. Issuing a statement, Volkswagen CEO, Oliver Blume said, “With the package of measures that has been agreed, the company has …

Company Wage Volkswagen

VW wage deal for 120,000 German workers avoids layoffs, plant closures

Associated Press

FRANKFURT, Germany — Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030. The deal would save VW 1.5 billion euros a year in labor costs and 4 billion euros a year by slashing manufacturing capacity by more 700,000 vehicles across its German …

Europe German Plant Wolfsburg Wage Volkswagen

3 days, 16 hours ago

Starbucks workers’ union goes on strike in US cities

Al Jazeera

Workers complain of inadequate wages as inflation soars, and promise to escalate the strike. The Starbucks Workers United Union, which represents employees at 525 stores across the US, said late on Thursday that walkouts would escalate daily and could reach “hundreds of stores” nationwide by Christmas Eve. “It’s estimated that 10 stores out of 10,000 company-operated stores did not open …

Labour Strike Union Chicago Seattle Stores Wage

Bank of England set to keep interest rates on hold TODAY despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Daily Mail

The Bank of England is set to keep interest rates on hold today despite mounting alarm at the stalling economy. Interest rates, which influence how much banks charge for loans and mortgages, are used as a tool by the central bank to keep inflation at its 2 per cent target level. Rob Wood, chief UK economist for Pantheon Macroeconomics, said: …

Inflation Budget Bank Interest Rates Cent Today Rates

4 days, 18 hours ago

Labour's Truss scale shock: Bond gap with Germany at highest level in 34-years: ALEX BRUMMER

Daily Mail

Among Britain’s great advantages at present, vis a vis European competitors Germany and France, is political stability. One might have expected UK bond yields to move towards those in Germany, where the ratio of debt-to-national output is a creditable 63.5 per cent. At a moment when central banks across the globe are cutting interest rates to stimulate output, the Bank …

France Labour Germany Bank Interest Rates Cost Cent

4 days, 20 hours ago

Dem suggests CNN reporter gets pay cut in tense exchange over Congress wage hikes

Raw Story

One provision in the recently negotiated federal spending package is a proposed pay increase for members of Congress, which would be the first in over a decade. Rep. Jared Golden told Politico that federal lawmakers already make more than 90% of Americans, and that he would not support the continuing resolution unless language is inserted that would block the pay …

Congress Pay Cnn Raise Durbin Raju Reporter Gets

5 days, 16 hours ago

EPFO: Have you not filed wage details yet? Retirement fund body extends date for last time | Check here

India TV News

Employees' Provident Fund Organisation - a retirement fund body - extended time till January 31, 2025 for employers to upload wage details etc. Accordingly, the last date for submission of applications was extended to July 11, 2023 and a total of 17.49 lakh applications were received from pensioners/members till July 11, 2023. In view of representations received from Employers and …

Applications 2023 Epfo Wage Wage Details Employers Till

6 days, 16 hours ago

How big corporates are choking middle class, hurting India growth story

India Today

Industrialists and corporates played a big role in building the India Story and shaping its emerging economy. "India grew at 5.4% in the July-September quarter and the consumption component has been seeing lower growth in the last four-five quarters," political analyst and commentator Amitabh Tiwari tells India Today Digital. Salary hike: average wages across six sectors Sector 2019 2020 2021 …

India Growth Corporate Tax Taxes Income Tax Corporate Tax

6 days, 16 hours ago

Trump promised no tax on tips. Why few tipped restaurant workers will likely benefit

LA Times

While many workers hoped for tax-free tips, experts warn the proposal could disproportionately benefit higher earners and exacerbate inequalities in the service industry. “So if you already are not paying any income tax, telling you you don’t have to pay income tax doesn’t do you any good,” he said, “because you’re already at zero.” If you look at the restaurant …

Tax Congress Trump Restaurants Restaurant Income Tax Proposal

1 week, 1 day ago

Disneyland agrees to state’s largest wage theft settlement of $233 million with its workers

LA Times

Walt Disney Co. agreed to settle a wage theft class-action lawsuit for $233 million brought about by Disneyland workers five years earlier. The company quietly agreed to settle a wage theft class-action lawsuit for $233 million brought about by Disneyland workers five years earlier. “What we believe is the largest wage and hour class settlement in California history will change …

Settlement Workers Pay Disney California Million Wage

1 week, 2 days ago

Malaiyaha Tamils of Sri Lanka: Shackled to a legacy of tea, toil for 200 years

New Indian Express

NUWARA ELIYA: Sixty-three-year-old Natesan Jayaraman, in his 44 years of working in a tea plantation, has learnt that avoiding unnecessary conversations is a useful strategy that kept him away from trouble with his kanganis and dorais. Jayaraman, a Malaiyaha Tamil whose ancestors were brought from India to work in tea estates, started working in a plantation when he was 18 …

Plantation Work Jayaraman

1 week, 3 days ago

Parliamentary panel raises concern over low MGNREGS wages

Live Mint

New Delhi, Dec 13 Flagging low wages under MGNREGS, a Parliamentary panel has questioned why the remuneration under the flagship scheme was not linked to an inflation index. In view of Article 39 of the Constitution and to have parity in wages, the committee strongly recommends that MGNREGA beneficiaries must be paid wages without any disparity in order to bring …

Rural Rural Development Wages Scheme Mgnrega Wage Parliamentary Panel

1 week, 3 days ago

Disney agrees to $233-million settlement in wage theft case

LA Times

A settlement has been reached in a court battle over an Anaheim wage law, with past and present Disney workers set to receive back pay. Five years after workers first took Disneyland to court for allegedly skirting an Anaheim minimum wage law, resort owner Walt Disney Co. has agreed to settle a class-action lawsuit for $233 million. Back pay owed …

Law Court Settlement Workers Pay Disney Wage

EXCLUSIVE-BOJ leaning toward keeping rates steady next week, sources say

Live Mint

* BOJ in no rush to hike as yen's rebound moderates price pressure * Void of renewed yen plunge, BOJ prefers to gauge more data * Trump risk, wage uncertainty favour standing pat - for now * BOJ to meet Dec. 18-19, Fed decision due hours before BOJ's By Leika Kihara TOKYO, Dec 12 - The Bank of Japan is …

Japan Risk Hike Fed Rate Rates Reuters

1 week, 4 days ago

Women’s Earnings in India Show Sharp Decline

Deccan Chronicle

Chennai: Notwithstanding the GDP growth numbers, the employment levels and earnings of women in India remain pathetic. The average gross earnings of self-employed women has declined 9 per cent in the past seven years, whereas the average earnings of regular wage earning or salaried women has just gone up by 29 per cent. Average monthly gross earnings of women engaged …

India Women Work Earnings Cent Wage Sharp Decline

1 week, 4 days ago

Corporate profit record high, salaries stagnant: Ficci report says mismatch impeding India’s GDP growth

Firstpost

A recent survey by Ficci and Quess Corp Ltd has reported the private sector profit at a 15-year high but found the growth in salaries has been meagre or negative. The report talks about a record high profit by the private sector, with stagnation in salaries of the workers — one of the reasons for sluggish private consumption, a key …

India Growth Economic Growth Report High Cent Wage

1 week, 4 days ago

Private sector profit grew 4x in last 4 years, but salaries stagnant: Report

Hindustan Times

The government has raised concerns over the country's slowing economic growth, which dropped to 5.4 percent in July-September, citing the gap between corporate profits, which have grown four-fold over the past four years and the stagnation of employee wages. The report shows that from 2019 to 2023, annual wage growth across six sectors ranged from 0.8 percent in engineering, manufacturing, …

Growth Report Sector Fmcg Ficci Stagnant Wage

1 week, 4 days ago

BOJ leaning toward keeping rates steady next week, sources say

Live Mint

* BOJ in no rush to hike as yen's rebound moderates price pressure * Void of renewed yen plunge, BOJ prefers to gauge more data * Trump risk, wage uncertainty favour standing pat - for now * BOJ to meet Dec. 18-19, Fed decision due hours before BOJ's By Leika Kihara TOKYO, Dec 12 - The Bank of Japan is …

Japan Inflation Risk Hike Fed Rates Reuters

1 week, 4 days ago

How D.C. tackled a child care crunch through a tax hike on the rich

NPR

How D.C. tackled a child care crunch through a tax hike on the rich toggle caption Caroline Gutman for NPR WASHINGTON, D.C. — When Boniece Gillis first heard rumblings that child care workers across the city might be getting some kind of significant pay bump, she tried to keep her excitement in check. Owen Schochet, a researcher with Mathematica, calculated …

Teachers Child Washington Fund Npr Sponsor Message Child Care

1 week, 4 days ago

Corporates in India see 4x profit but keep salaries stagnant: Report

India Today

Corporate profits have grown four times in the last four years, but real wages haven't grown, according to a report. This comes even as India's economic growth, measured in terms of GDP, dipped to 5.4% in the September quarter. A report in The Indian Express on Thursday highlighted how wages saw negative growth even as India Inc's profits grew. The …

India Growth Wages Profit Report Sector Rate

1 week, 5 days ago

Japan Union Head Calls for Government to Accelerate Wage Efforts

Live Mint

The chair of Japan’s metalworkers’ union urged the government to accelerate efforts to raise pay, while expressing concern over premature tightening steps from the central bank. “We need to see improvements this year,” said Akihiro Kaneko, president of the Japan Council of Metalworkers’ Unions, speaking about the government’s measures to help smaller firms pass costs on to customers throughout the …

Japan Trump Workers Union Need Rate Wage

1 week, 5 days ago

L.A. City Council backs $30 minimum wage for hotel and LAX workers in 2028

LA Times

Wednesday’s minimum-wage vote delivered a huge victory to Unite Here Local 11, which represents thousands of hotel and restaurant workers. At hotels, housekeepers, desk clerks and other employees would see a 48% hike over 3½ years, compared with the $20.32 per hour currently set by the city’s hotel minimum wage law. Skycaps, cabin cleaners and many other workers at Los …

Olympics Hotels Proposal Higher Minimum Wage Council Members

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Articles for Wage

What changes should small businesses be aware of for 2025?

Employers Not Outsiders But Stakeholders, Must Be Heard While Fixing/Revising Minimum Wage Of Employees: Karnataka High Court

Volkswagen Cuts Deal With The Union, To Layoff 35,000 Jobs In Germany In Future

VW wage deal for 120,000 German workers avoids layoffs, plant closures

Starbucks workers’ union goes on strike in US cities

Bank of England set to keep interest rates on hold TODAY despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Labour's Truss scale shock: Bond gap with Germany at highest level in 34-years: ALEX BRUMMER

Dem suggests CNN reporter gets pay cut in tense exchange over Congress wage hikes

EPFO: Have you not filed wage details yet? Retirement fund body extends date for last time | Check here

How big corporates are choking middle class, hurting India growth story

Trump promised no tax on tips. Why few tipped restaurant workers will likely benefit

Disneyland agrees to state’s largest wage theft settlement of $233 million with its workers

Malaiyaha Tamils of Sri Lanka: Shackled to a legacy of tea, toil for 200 years

Parliamentary panel raises concern over low MGNREGS wages

Disney agrees to $233-million settlement in wage theft case

EXCLUSIVE-BOJ leaning toward keeping rates steady next week, sources say

Women’s Earnings in India Show Sharp Decline

Corporate profit record high, salaries stagnant: Ficci report says mismatch impeding India’s GDP growth

Private sector profit grew 4x in last 4 years, but salaries stagnant: Report

BOJ leaning toward keeping rates steady next week, sources say

How D.C. tackled a child care crunch through a tax hike on the rich

Corporates in India see 4x profit but keep salaries stagnant: Report

Japan Union Head Calls for Government to Accelerate Wage Efforts

L.A. City Council backs $30 minimum wage for hotel and LAX workers in 2028