Minimum Wages in Europe: A tale of growth and Disparity As of January 2025, minimum wages across the European Union and candidate countries have risen faster than inflation, leading to real wage growth for workers. However, meaningful disparities in living standards persist, with some countries offering minimum wages below €1,000 while others exceed €2,500. According … Read more
State Employees Anticipate 2025 Salary Increase Amid Economic Challenges State employees are eagerly awaiting the implementation of a salary increase in 2025, a move designed to alleviate the growing financial pressures faced by citizens. This initiative is part of the government’s broader strategy to support its workforce and improve living standards. The announcement follows recent … Read more
European Salary Showdown: How Do EU Wages Compare? Table of Contents European Salary Showdown: How Do EU Wages Compare? Purchasing Power: A More Realistic Picture Greece: A Case Study European Salary Report: How Do US Wages Compare? Key Salary Trends in Europe Living Wages in the EU: A Comparison EU Salary Showdown: How Do Living … Read more
Thailand’s minimum Wage Hikes: A Province-by-Province breakdown Table of Contents Thailand’s minimum Wage Hikes: A Province-by-Province breakdown 400 Baht Minimum Wage: A Select Few Varied rates Across the Country Thailand Adjusts daily Minimum wage: Province-by-Province Breakdown Daily Minimum Wage rates by Province Southern Thailand’s Minimum Wage Lags Behind National average Significant Wage Gap in Southern … Read more
New York Minimum Wage Soars to $16.50 in Key Areas Starting January 1st,2025,a significant boost is coming to the paychecks of many New Yorkers. The minimum wage in New york City, Long Island, and Westchester County will jump to $16.50 per hour, a move designed to help workers keep pace wiht the rising cost of … Read more
Jakarta’s Minimum wage Hike: A Decent Living or Just Enough to Get By? Table of Contents Jakarta’s Minimum wage Hike: A Decent Living or Just Enough to Get By? Jakarta’s Minimum Wage: A Struggle for Financial Stability jakarta’s Minimum Wage: Enough for a Decent Life? Is the New Minimum Wage Sufficient? Factors Beyond Basic needs: … Read more
“The Central Union of Chambers considers that the automatic way of calculating the minimum wage must in any case be accompanied by simultaneous benefits to businesses, with the relief of employer contributions and incentives to maintain and add new jobs” said the president of the Central Union of Chambers of Greece , Ioannis Masoutis, referring … Read more
Minimum wages will receive annual increases equal to inflation and the productivity of the Greek economy from 2028 onwards, according to the new wage adjustment system, which will be discussed today during the cabinet meeting, in order for the relevant bill to receive approval and put to public consultation. The minimum wage – The 4 … Read more
The Council of Ministers is meeting today, Thursday, October 31 at 11:00 a.m., under the leadership of Prime Minister Kyriakos Mitsotakis, at Megaros Maximos. The topics of the cabinet meeting are: – Presentation by the Minister of Labor and Social Security Niki Kerameos of the bill for the incorporation of Directive 2022/2041 for adequate minimum … Read more
The rate of growth and inflation will be the two factors from which the minimum wage will be determined, Kyriakos Mitsotakis pointed out in his presentation to the Council of Ministers which is currently underway. In addition, he noted that lowering the minimum wage would be prohibited by law. He explained that “protagonist is the … Read more