8 results for tag: minimum wage raise

Amid Pandemic States Nursing Home Workers Will Get Extra Pay

By Laura Krantz April 14, 2020 After pressure from desperately understaffed nursing homes, state officials on Tuesday said they will soon grant the facilities permission to boost some workers’ pay by 25 percent amid the COVID-19 pandemic. As the virus rips through the state, the jobs of nursing home staff have become newly hazardous. The virus has infected not only elderly residents but also workers, in one case killing a nurse. As workers go out sick or stay home due to fear, facilities have struggled to retain staff, especially the low-paid nursing aides who earn barely more than minimum wage. The state’s decision to increase nursing ...

Ontario Minimum Wage Is Rising This Fall for the First Time in Two Years

By Karen Doradea April 1, 2020 It can be hard to make a consistent living on minimum wage earnings at the best of times. But there is some sort of improvement coming, even if it's pretty small. The provincial government is raising the Ontario minimum wage on October 1 for the first time since January 2018. On October 1, 2020, the minimum amount a worker has to be paid is rising by 25 cents per hour, per the government's website. That will be the first increase in nearly two years, and will roughly represent a $2-per-day climb in earnings for provincial minimum- and student-wage earners. A spokesperson for the Ministry of Labour, ...

Bank of America reaches minimum wage goal ahead of anticipated date

By Caroline Hudson March 31, 2020 Bank of America Corp. (NYSE: BAC) has raised its minimum wage to $20 per hour about a year ahead of schedule. The Charlotte-based bank announced plans in April 2019 to raise its minimum wage to the $20 threshold by 2021. BofA then hiked its minimum wage from $15 per hour to $17 per hour in May 2019. "Investing in our teammates by paying fairly, and providing competitive benefits and programs is key to our commitment to being a great place to work," said Sheri Bronstein, chief human resources officer at BofA. BofA said its minimum wage has risen by nearly $9 since 2010. Read More

Millions of ‘minimum wage heroes’ set for 6.2% pay rise

By Tom Belger April 1, 2020 Almost 3 million of Britain’s lowest-paid workers are set for a pay rise, after the biggest ever hike in the legal minimum wage. The wage floor, now rebranded the ‘national living wage,’ increased on Wednesday from £8.21 to £8.72 an hour for workers aged 25 and over. Union leaders welcomed the pay boost for “minimum wage heroes,” including many working in vital roles in healthcare and supermarkets during the coronavirus lockdown. But two leading think tanks had urged the government to delay the hike, warning against increasing costs for employers at a time of enormous economic upheaval. Read ...

Clancy DuBos: Tort reform, wages among the fights brewing in upcoming legislative session

By Clancy DuBos February 28, 2020 State lawmakers will have lots of issues to resolve when they begin their annual session March 9. More than a third of them will be brand new to the process, thanks to term limits and a successful push by conservative forces in last year’s statewide elections to replace white rural Democrats with white Republicans. It remains to be seen how partisan the new Legislature will be. Early talk about working together probably won’t last long. There are too many polarizing issues (and special interests) for it to be otherwise. Here’s a look at some of the issues lawmakers will consider: ... Equal Pay ...