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Is the minimum wage going up in 2017? National UK living wage to rise to £7.50 in April

Source: www.mirror.co.uk
Date: April 6, 2017
Link: www.mirror.co.uk
Author: Emma Monbodh

The National Living Wage is to rise to £7.50 an hour from April this year, in line with Chancellor Philip Hammond's Autumn Statement and Spring Budget announcement. The minimum wage for 25-year-olds will rise 4% from £7.20 to £7.50 an hour, in new plans set to go live on 1 April that will leave earners up to £500 better off.

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New-Zealand government to increase minimum wage to $15.75

Source: www.radionz.co.nz
Date: Januray 24, 2017
Link: www.radionz.co.nz
Author: Radio New Zealand

On 1 April, the adult minimum wage will increase by 50 cents to $15.75 an hour. Workplace Relations and Safety Minister Michael Woodhouse said this afternoon that the starting-out and training minimum wage rates would also increase, from $12.20 to $12.60 per hour - 80 percent of the adult minimum wage.

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Minimum Wages Across Canada In 2017

Source: www.monster.ca
Date: Jauary 6, 2017
Link: www.monster.ca
Author: Mark Swartz

By late 2017 the average minimum wage in Canada will be about $11.43 per hour. That compares to $9.25 in 2010, an increase of over 23%.

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Minimum wage is going up in these 21 states in 2017

Source: uk.businessinsider.com
Date: December 28, 2016
Link: uk.businessinsider.com
Author: Dan Caplinger

Minimum wage laws have been a major political issue recently. Proponents of higher wages argue that they're necessary to provide for basic living expenses, and many have called for increases to as much as $15 per hour. Opponents, meanwhile, point to the potential impact of higher labor costs on the businesses that employ the most minimum wage workers.

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Can Raising Japan’s Minimum Wage Accelerate Wage Growth?

Source: www.imf.org
Date: November 28, 2016
Link: blogs.imf.org
Author: Luc Everaert and Giovanni Ganelli

Japan’s minimum wage is 798 JPY ($6.52) per hour, lower than many other advanced countries, including the United States, and among the lowest relative to the average wage (see chart). For a country that needs consumers to boost spending to pull the economy out of 15 years of deflation and reinvigorate growth, a hike in wages across the board can go a long way.

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How Did Walmart Get Cleaner Stores and Higher Sales? It Paid Its People More

Source: www.nytimes.com
Date: October 15, 2016
Link: www.nytimes.com
Author: Neil Irwin

Walmart's new business strategy: Paying people more. “Efficiency wages” is the term that economists use for the notion that employers who pay workers more than the going rate will get more loyal, harder-working, more productive employees in return.

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