Wage growth stuck below pre-crisis levels: ILO Stagnant wage growth in developed countries has pulled average global earnings lower and is in danger of dragging economic performance down, according to the International Labour Organization (ILO). In its latest report published Friday, the ILO said that
BBC News - Switzerland rejects world's highest minimum wage Swiss voters have overwhelmingly rejected a proposal to introduce what would have been the highest minimum wage in the world in a referendum. Under the plan, employers would have had to pay workers a minimum 22 Swiss francs (about $25; £15; 18 euros) an h
BBC News - Minimum wage up to £6.50 an hour The national minimum wage will increase by 19p an hour to £6.50, the government has announced. The new rates will be implemented in October and will benefit a million workers. Business Secretary Vince Cable said he had accepted a recommendation from the L
What a higher minimum wage means for Costco | Talking Numbers - Yahoo Finance President Obama is pushing for a nationwide minimum wage hike to $10.10 per hour from the current $7.25 rate. While many companies worry about what that would mean to their costs, there's at least one company that may actually benefit from a minimum wage
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