Oxfam America’s Post

Hey #Newjersey employers...effective January 1, 2024, the New Jersey minimum wage is $15.13 per hour for most workers. Please see the Minimum Wage Chart for scheduled increases and consult counsel to determine how these increases affect your business and your employees. #minimumwage #laborlaw #wageandhour #compliance #employmentlaw #employers

Each April, the National Minimum Wage goes up, this year has seen big changes for employees over 21 years of age so it's important to check you've updated your employees pay or you could be in breach of the law ⚖️ #Minimumwage #Businessguide #Businessnews

Starting January 1, 2024, the minimum wage in Illinois will increase to $14 per hour for individuals 18 and older. Get the full details on this wage hike and how it may impact businesses in this blog post. https://bit.ly/485Ds80 Authors: Jill Ripke, Adam Weiner, and Sara Davey #WageAndHour #MinimumWage #IllinoisMinimumWage #LaborAndEmployment

As of 1st April 2024 National Wage and Minimum Wage rates will be increasing in the UK 🇬🇧 The National Living Wage will be extended from workers aged 23 years and above to 21 years and above. While also increasing from £10.42 to £11.44 per hour. All the new wages are on the government website, or you can stay up to date by signing up to our global insights membership. https://bit.ly/4aSxvMD #NationalLivingWage #MinimumWage #UKInsights #GlobalInsights #activpayroll

Living Wages are different from Minimum Wages! Can India Replace Minimum Wages with Living Wages?

Effective from 1 April 2024, the National Living Wage will not only increase by 9.8% but eligibility will be extended by reducing the age threshold to 21 years. In our latest briefing, we explain why the minimum wage is a growing risk for employers, identify key pitfalls and assess workplace implications: https://lnkd.in/eVf4am7k #EmploymentLaw #LaborLawUK #NationalMinimumWage #NationalLivingWage #LegalUpdate #UKEmpLaw

Fantastic insights from the World Economic Forum on the crucial topic of a living wage for all! Ensuring fair wages isn't just a moral imperative but a smart economic strategy. By boosting workers' purchasing power, we drive demand and stimulate economic growth. A win-win for businesses and society! Let's ALWAYS champion policies that foster equality and prosperity. #LivingWage #EconomicGrowth #BusinessLeadership #PostKeynesianEconomics #WEF2023 #InclusiveEconomy

A living wage is the minimum income necessary for a worker to meet their basic needs, including food, housing, healthcare, and other essentials, without financial assistance. It is crucial for enhancing the standard of living within a society or community as it ensures that individuals can maintain a decent quality of life and participate fully in economic activities. By providing a living wage, employers help reduce poverty, decrease reliance on social welfare programs, and promote economic stability. This, in turn, fosters healthier, more productive communities and contributes to overall societal well-being. #economicfreedom #standardofliving

As a workplace transformation expert, my position is that the employee and the employer are like to hands of a man, you can't wash one hand clean without assistance from the other. They must join hands in sincerity of purpose from the employee and transparency from the employer to ensure a 'Clean wage' that serves everyone's interest😊 Living wage vs Minimum wage, do you know the difference? Enjoy the video.

More employers across the world are paying a living wage. Learn more in this session ‘A Living Wage for All’ from the Annual Meeting 2024: https://ow.ly/RewA50RePIi #livingwage #wef24