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Wage increases in Cambodia do not scare Japanese companies

Source: www.phnompenhpost.com
Date: February 28, 2015
Link: www.phnompenhpost.com
Author: Hor Kimsay

Recently the minimum wage in the garment sector in Cambodia has increased by 27%, from USD 100 to USD 128, and has sparked fear of a decline in foreign direct investment. While Japanese companies need to factor a rising wage bill into their future planning, there are other factors in the global economy that continue to play in favour of Cambodia.

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Walmart minimum wage to keep staff rise piles pressure on rivals

Source: www.theguardian.com
Date: February 28, 2015
Link: www.theguardian.com
Author: Rupert Neate

After decades of shop floor and political campaigning, US retailers are finally finally beginning to increase their minimum wages. While the increase is benefiting millions of workers across the country, its driving force is market competition.

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Wal-Mart's Minimum Wage Breakdown

Source: www.bloombergview.com
Date: February 23, 2015
Link: www.bloombergview.com
Author: Barry Ritholtz

Last week, we learned that Wal-Mart was giving the lowest paid of its hourly employees a raise. In a blog post, Wal-Mart Chief Executive Officer Doug McMillon said that as of April, the company will pay a minimum of $9 an hour. That is $1.75 more than the federal minimum wage of $7.25, which has been unchanged for almost six years. Next February, Wal-Mart's lowest hourly rate will rise to $10.

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Increases of starting wage above minimum wage at Walmart

Source: money.cnn.com
Date: February 19, 2015
Link: money.cnn.com
Author: Chris Isidore

Walmart’s decision to increase its lowest wages above the minimum wage seem to represent a decision that contrasts with the large retailer traditional policy to pay lowest possible wages generally aligned to the Federal minimum wage. While this decision might represent the start of a new policy, it also highlights to limitations of the model followed so far, with declining sales, low workers’ motivation and high staff turnover.

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Brands’ pressure on governments

Bangladesh asked to raise its $36-a-month minimum wage... by clothes retail giant H&M

Date: 7 September 2012
Source:
Mail online
Link:
www.dailymail.co.uk
Author:
Suzannah Hills

Popular highstreet clothing chain H&M has urged the Bangladeshi government to increase the minimum wage for garment factory workers.

Bangladeshi factories, where some wages are as low as $37 a month (around £23), make clothes for H&M and other major companies such as Tesco, Wal-Mart, JC Penney, Marks & Spencer, Kohl's and Carrefour.

But Swedish fashion group H&M has called for a change in the treatment of countries factory workers - urging for a higher minimum wage and annual pay reviews.

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Major fashion brands criticized on working conditions in Cambodia

“Cambodian workers hold ‘people’s tribunal’ to look at factory conditions"

Date: 2 February 2012
Source:
The Guardian
Link:
www.guardian.co.uk
Author:
Sarah Butler

Major fashion brands have been criticized for not agreeing to attend a hearing aimed at investigating pay, working conditions and resulting ‘mass faintings’ at factories working for fashion brands including H&M and Gap.

 
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