minimumwage
More than 36% of Dublin pubs say they will have to cut staff levels if the Irish government raises minimum wages any further, according to a survey by the Licensed Vintners Association (LVA). From 1 January this year, Ireland's government has announced, the minimum wage for employees aged 20 and above will be €12.70 per hour, while those aged 19 will get €11.43 per hour. The rate for employees aged 18 is €10.16. Recently, however, according to The Irish Independent, the Low Pay Commission has reportedly advised that the minimum wage should be raised to €13.70 next year. If this happens, 21% of...
Euronews (English)
In 2024's already baffling presidential race, it seems only fitting that a barroom brawl has broken out over tipping. Former President Donald Trump jump-started the debate at a campaign rally last month and seized media headlines by pledging to eliminate taxes on tips if he were reelected. In prior decades, this might have been brushed off as mere campaign trail bluster, but today, off-the-cuff remarks on the stump are often the closest thing we have to deliberative policy making. Right on cue, Republican senators introduced legislation in Congress that would eliminate income taxes on tips, an...
Reason
Last September, California Governor Gavin Newsom (D) signed a bill mandating a $20 minimum wage for fast food workers. The new wage is among the highest in the county, surpassing even Washington, D.C.'s $17.50 minimum wage. While supporters touted the wage increase as a way to help struggling Californians, detractors warned that restaurant owners would respond by laying off workers, cutting their hours, or speeding up the already starting shift to automation. The law went into effect in April, meaning that it's likely too early to tell what the ultimate effects of the law will be. However, a r...
Reason
In an interview published this week by The New York Times, Sen. J.D. Vance (R–Ohio) calls for a more muscular federal government to intervene even more aggressively in the economy than it already does, to create what Vance calls "incentives" for American workers. In doing so, Vance inadvertently reveals one of the major flaws in this line of analysis. Vance's opinions about these things carry significant weight, in no small part because he's on the shortlist to be Donald Trump's running mate. With an eye towards that possibility, the Times' Ross Douthat asked Vance to explain his "populist eco...
Reason
In the current state of the world, it is nearly impossible to survive on a minimum wage salary. Even if you work 40 hours a week, you will likely land somewhere below the poverty line if you depend solely on your minimum wage job. Although disheartening, there are many ways you can supplement your income and keep extra cash flowing in each month, providing you with more financial stability while working for minimum wage. Here are 17 ways to make extra income while working a minimum-wage job. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has bee...
ValueWalk
President Joe Biden signed an executive order Tuesday mandating that all federal contractors be paid a minimum wage of $15. The new minimum is expected to take effect next year, upping the wages of more than 100,000 workers. Biden’s order increased the current minimum wage of $10.95 which was ordered by former President Barack Obama in 2014. Biden’s order, as well at Obama’s, requires the minimum wage to rise with inflation. Biden’s order will increase the wages of tipped workers like shuttle bus drivers and seasonal recreational services workers, which were left out of Obama’s original order....
uPolitics.com
CNBC transcript: Business Roundtable President and CEO Josh Bolten speaks with Kayla Tausche live during CNBC’s Capital Exchange today Q4 2020 hedge fund letters, conferences and more Interview With Business Roundtable President and CEO Josh Bolten____ KAYLA TAUSCHE: We are joined now by Josh Bolten, who is the President of the Business Roundtable, for the view from corporate America. In the course of the last year working from home I think we've done Zooms from my attic, my home office, my backyard, and I'd now like to welcome you into my living room, as well. I want to get your reaction to J...
ValueWalk
Employers to Face Rising Minimum Wages On January 1, Despite Continued COVID-19 Struggles Q3 2020 hedge fund letters, conferences and more More than 80 jurisdictions are poised to raise their minimum wages in 2021. 25 States Plan To Raise Their Minimum WagesWashington, D.C. (Dec. 18, 2020)— Today, the Employment Policies Institute released a new comprehensive guide to state and local minimum wages. The chart shows 25 states and 56 cities and counties plan to raise their minimum wages in the new year, showing no mercy for businesses struggling to stay open during the pandemic. The highest state...
ValueWalk
Florida voters approved a $15 minimum wage on Nov. 3, causing labor activists to be hopeful about the prospects of a federal $15 minimum wage.President-elect Joe Biden has said he would support doubling the federal minimum wage, which currently sits at $7.25/hour.Amendment 2 passed with 60.81%, just barely passing the mandatory threshold of 60% for citizen-led ballot initiatives.Under the amendment, the minimum wage in Florida will increase from the current $8.56/hour to $15 by September 2026. The first increase will occur in September 2021, and will raise hourly wages to $10.Florida will join...
uPolitics.com
An independent research group called Gig Compare just published research on driver earnings if Prop 22 was to pass. In short, the company’s have been lying about Prop 22 and earnings are likely to be way below minimum wage. Gig Compare set up to bring transparency to the gig economy. This research is based on thousands of pay statements provided by workers to Gig Compare.Q3 2020 hedge fund letters, conferences and moreUber & Lyft Have Been Lying About Prop 22 And Minimum WageWhen I say Gig Compare is independent, that's what it means. The No on Prop 22 campaign hasn't paid Gig Compare a cent, ...
ValueWalk
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