RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Rights violation: Germany set to approve first-ever national minimum wage Thu Jul 03, 2014 6:21 am | |
| The German parliament is set to approve the country's first minimum wage, in a vote in the Bundestag on Thursday.
The wage will be set at 8.50 euros (£6.80) per hour, which is higher than the equivalent in the US and UK.
Angela Merkel's Christian Democrats approved the new policy as part of a power-sharing deal with the Social Democratic Party (SPD).
Germany has previously relied on trade unions and business groups to fix minimum pay instead.
At the moment, the country is one of seven in the 28-nation EU without a minimum wage level.
The minimum wage has been the subject of much controversy in Germany, with business leaders warning that it would result in fewer jobs, or force companies to move production facilities to other countries, where labour is cheaper.
http://www.bbc.com/news/business-28140594#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa |
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