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US$594 per month (including mandatory 13th and 14th salaries, minimal 15 days vacation period per year and mandatory reserve funds after one year of continuous work). The minimum wage set by the government for 2025 is $470 per month without social benefits.
The following list provides information relating to the minimum wages (gross) of countries in Europe. [1] [2]The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [3] Belgium (38 hours), [4] United Kingdom (38 hours), [3] Germany (38 hours), [5] Ireland (39 hours) [5] and Monaco (39 hours). [6]
A tip credit is the difference between their minimum wage and the cash wage an employee is paid during a pay period, accounting for tips that do not add up to the federal minimum wage. Many advocates for a $15 minimum wage, including restaurant owners, believe that restaurants should get rid of the tip credit pay structure, as they find it is ...
The total value of visible trade amounted to $3,548.2 billion in 2003, and exports totalled $362.1Bn in 2008. During the period of 2004 to 2007, the gross domestic product (GDP) grew at an average annual rate of 7.3% in real terms, to HK$1,627.5 billion (US$208.7 billion) in 2007. Per capita GDP reached HK$235,134 (US$30,157).
In January 2019, State Street announced that it planned to lay off 1,500 employees, increasing the number to 2,300 in July. [45] During that period, the company shifted their workforce from the United States to countries like China, India and Poland and operated under a hiring freeze. [ 45 ]
The campaign group Labour Behind the Label claimed that the basic pay of Indonesian Adidas workers was only £10 a week. William Anderson, head of social and environmental affairs for the Asia Pacific region, posted an entry on the company blog in which he claimed that total wages including bonuses and overtime were often double the hourly wage ...
In Britain, British Indians are the largest ethnic minority population in the country, [196] with the highest average hourly pay rate and the lowest poverty rate among all ethnic groups, [245] [246] [247] and are more likely to be employed in professional and managerial occupations than other ethnic groups.