Wage
Australia’s lowest paid workers get some real wage relief from the latest adjustment to the minimum wage – Beragampengetahuan
On June 3, 2025 Australia’s minimum wage setting authority – the Fair Work Commission (FWC) issued their decision in the – Annual Wage Review 2025 – which provides for wage increases for the lowest-paid workers – around 0.7 per cent of employees (around 88 thousand) in Australia. In turn, around 20.7 per cent of all […]
The Consequences of California’s New Minimum Wage Law – Beragampengetahuan
The law that establishes California’s minimum wage rate at twenty dollars per hour is purportedly aimed at uplifting the state’s working poor. The role of economics is to evaluate such claims through economic theory and empirical evidence. In mainstream economics, commonly taught in introductory college courses, the conventional analysis indicates that such laws may lead […]
Real wage cuts continue in Australia as profit share rises – William Mitchell – Modern Monetary Theory – Beragampengetahuan
The Annual Fiscal Statement for Australia (aka ‘The Budget’) came out last night and ordinarily I would analyse it today. But I am travelling a lot today and also the wage data came out today, so I plan to leave the fiscal policy commentary until next week when I have more time to think about […]
Panera Is Not Exempted From California’s Fast Food Minimum Wage Law – Beragampengetahuan
On February 28, Bloomberg reported that bakery chain Panera would be exempt from California’s AB1228, a law that raises the minimum wage for fast-food workers from $16 to $20 starting April 1. But now it looks like that may not be the case. On February 29, a spokesperson for Gov. Gavin Newsom told the Los […]
How Panera Dodged $20 CA Minimum Wage & Gen Z Hates Dating Apps – Beragampengetahuan
Episode 269: Neal and Toby explain why Panera doesn’t have to partake in California’s new minimum wage law. Plus, Google’s CEO says their latest Gemini AI blunder is ‘unacceptable’ and dating apps are scrambling to try and get Gen Z to use them. Neal shares his favorite numbers and why do we have a Leap […]
22 States Raised the Minimum Wage: What Does This Mean for Low-Skilled Workers? – Beragampengetahuan
On January 1st, 22 states and 38 cities and counties raised their minimum wages, sparking some celebration for 10 million workers who get a pay hike, and many doubts for the rest. While this is perhaps a well-intentioned policy, intentions don’t indicate a policy’s effectiveness. Many economists argue that this decision will disadvantage the people […]
Hyundai Announces 25% Wage Hike For Alabama And Georgia Production Team Amid Labour Unrest – Ford Motor (NYSE:F), General Motors (NYSE:GM) – Beragampengetahuan
In a move to stay competitive and maintain its skilled workforce, Hyundai Motor HYMTF has announced a significant wage increase for its production teams in Alabama and Georgia. What Happened: The South Korean automaker declared the new wage structure on Sunday, which will impact production team members at its Hyundai Motor Manufacturing Alabama (HMMA) and Hyundai Motor Group Metaplant America (HMGMA) plants in […]
US Labor Department Accuses a Fourth Louisville Cafe Chain of Wage ViolationsDaily Coffee News by beragampengetahuan – Beragampengetahuan
The United States Department of Labor has recovered $72,564 from an illegal tip pool managed by a small cafe chain in Louisville, Kentucky. The federal department’s Wage and Hour Division (WHD) announced today that the operators of three cafe locations from parent company Wiltshire Pantry allowed two managers to take a portion of servers’ tips. […]
Kia management, union reach tentative wage deal to avoid strike – Beragampengetahuan
This undated photo shows Kia Motors Corp. headquarters in Seoul. (Kia) The management and labor union of Kia Corp., South Korea’s second-largest automaker, have reached a tentative wage deal to avoid a partial strike, according to the company Tuesday. The agreement was reached after unionized workers of Hyundai Motor Co. voted last month to accept […]
Chicago Votes to Abolish the Tipped Minimum Wage – Beragampengetahuan
Before Ald. (26th Ward) Jessie Fuentes celebrated Chicago’s move to vanquish the tipped minimum wage, she attempted to quell fears that the move would ruin small businesses. Fuentes, one of the ordinance’s original sponsors, made a distinction between the government supporting “hospitality” — the business side of the industry — and its workers. Fuentes said […]