minimum wage

Bank Of America vows to raise minimum wage per hour to 20 dollars

The Bank of America Corp has disclosed its plan over the new minimum wage target aimed at 20 dollars ($20) per hour, saying it would be achieved over a period of two years. According to Sheri Bronstein, chief human resources officer at Bank of America, the increment begins on the 1st of May 2019, with […]

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South Africa: Parliament okays minimum wage bill

South Africa’s Upper House of Parliament, the National Council of Provinces (NCP), on Tuesday approved the controversial National Minimum Wage (NMW) Bill which will be sent to President Cyril Ramaphosa for assent. The Parliament said the NCP approved the bill without amendment. The bill, which Minister of Labour, Mildred Oliphant, introduced in November 2017, aims […]

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South African President explains new controversial minimum wage

South African President, Cyril Ramaphosa, on Friday refuted criticism against the National Minimum Wage (NMW), saying “NMW is a firm and unassailable foundation” from which to advance the struggle for a living wage. Ramaphosa said this at an event in Bloemfontein, Free State Province to mark the Freedom Day which falls on April 27. “We […]

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Report: $15 minimum wage bill would benefit 20.7 million workers

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