Page 3 - Minimum Wage Act News Today

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Findings indicate that during the committee meeting in the first week of April, representatives from the government, labour unions, and private sector employers were instructed to send written proposals to the National Salaries, Income and Wages Commission (NSIWC), which acts as the TCNMW's secretariat.

House approves orders for minimum

The Nigeria Labour Congress on Sunday gave a strong indication that it would press for the inclusion of a clause which would prescribe sanctions for governors and local government administrators who failed to implement the new minimum wage.

As living wages are meant to ensure a basic and decent life for a worker’s family, they tend to be much higher than the notified minimum wages.

As Minister of Employment and Labor Lee Jung-sik on Friday officially requested the Minimum Wage Commission review the wage for 2025, heated debate is expected to play out over the next three months -- the timeline set by law to finalize the country’s minimum wage. In previous years, the focus had largely been placed on whether the tripartite Minimum Wage Commission, which is composed of nine members each from ...

As Minister of Employment and Labor Lee Jung-sik on Friday officially requested the Minimum Wage Commission review the wage for 2025, heated debate is expected to play out over the next three months -- the timeline set by law to finalize the country’s minimum wage. In previous years, the focus had largely been placed on whether the tripartite Minimum Wage Commission, which is composed of nine members each from ...

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Indications have emerged that President Bola Tinubu may announce the new minimum wage on May 1 in commemoration of the International Labour Day and backdate its implementation to April.

A report by South Korea's central bank which called for bringing in foreign national care workers to fill a looming workforce shortage amid the country's rapid aging has sparked controversy here over its suggestion to hire them for below the minimum wage. In the report released last week, the Bank of Korea assessed that Korean national residents spent 3.7 million won ($2,775) per month as of last year hirin...