Minimum wage law

Locally Led Bridgewater Bank Raises Minimum Wage to $20 Per Hour

Retrieved on: 
Tuesday, July 13, 2021
Banking, Other Professional Services, Professional services, Finance, Economy, Wages and salaries, Labor, Minimum wage law, Income distribution, Minimum wage, Articles, Wage, Minimum wage in the United States, Tipped wage

Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs and a subsidiary of Bridgewater Bancshares, Inc. (Nasdaq: BWB), announced today that it has raised its minimum wage to $20 per hour for all regular, full-time employees, effective August 1, 2021.

Key Points: 
  • Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs and a subsidiary of Bridgewater Bancshares, Inc. (Nasdaq: BWB), announced today that it has raised its minimum wage to $20 per hour for all regular, full-time employees, effective August 1, 2021.
  • Bridgewater Bank is believed to be one of the few local Minnesota companies to establish a $20 per hour minimum wage.
  • The change represents an 11 percent increase in the banks existing minimum wage and benefits 14 percent of its full-time employee base.
  • Minnesotas current minimum wage for large employers is $10.08 per hour, which is $2.83 higher than the federal minimum wage.

Federal minimum wage of $15 per hour to come into effect on December 29, 2021

Retrieved on: 
Wednesday, June 30, 2021
Economy, Labor, Labor relations, Work, Minimum wage law, Income distribution, Labour law, Minimum wage, Minimum wage in the United States

In Budget 2021, the Government of Canada proposed to establish a federal minimum wage of $15 per hour, rising with inflation.

Key Points: 
  • In Budget 2021, the Government of Canada proposed to establish a federal minimum wage of $15 per hour, rising with inflation.
  • Today, the Government is announcing that this important change will come into effect on December 29, 2021, following Royal Assent to Budget Implementation Act, 2021, No.
  • A freestanding federal minimum wage was recommended by the Expert Panel on Modern Federal Labour Standards in 2019.
  • The Prime Minister gave the Minister of Labour a mandate to improve labour protections in the Canada Labour Code, including increasing the federal minimum wage to at least $15 per hour.

Benzinga Reports: Almost a third of states with lower than average projected family income have a higher than average unemployment rate, data study find

Retrieved on: 
Monday, June 21, 2021
Economy, Articles, Labour law, Labor, Income distribution, Minimum wage, Socialism, Unemployment, Minimum wage in the United States, Minimum wage law

While only the District of Columbia has adopted a $15.00 minimum wage, many states (about half) have upped their minimum wage beyond the federally mandated minimum of $7.25.

Key Points: 
  • While only the District of Columbia has adopted a $15.00 minimum wage, many states (about half) have upped their minimum wage beyond the federally mandated minimum of $7.25.
  • Using data from several government databases tracking pandemic unemployment and minimum wage trends, Benzinga found unemployment rates dropped roughly 8% on average nationwide year-over-year from 2020 to 2021, while minimum wage rose 3.41% in that same period nationwide.
  • Further, almost a third of states with a lower than average projected family income have a higher than average unemployment rate at the time of publication.
  • Over half of states currently have a minimum wage above the national average with close to a quarter of these states reporting a higher than average year-over-year drop in unemployment rates from 2020 to 2021.

Highlights - Adequate minimum wages - consideration of amendments - 15.06.2021 - Committee on Women's Rights and Gender Equality

Retrieved on: 
Thursday, June 10, 2021
Economy, Income distribution, Labour law, Minimum wage, Socialism, Articles, Labor, Employment, Minimum wage in the United States, Minimum wage law

This is especially relevant having in mind that some studies show that while women constitute 48% of employees at the EU, they make up 59% of minimum wage earners.

Key Points: 
  • This is especially relevant having in mind that some studies show that while women constitute 48% of employees at the EU, they make up 59% of minimum wage earners.
  • In fact, the majority of minimum wage earners in Europe are women.
  • Women are too one of the main sub-minimum wage earners as well are young workers, workers with lower education, or rural workers with dependent children.
  • This is key in some sectors that have proved to be essential during the COVID19 pandemic.

ConcordRENTS Raising Minimum Wage to $20 per Hour

Retrieved on: 
Monday, June 7, 2021
Wages and salaries, Economy, Labor, Minimum wage law, Catholic social teaching, Living wage, Minimum wage, Articles, Wage, Minimum wage in the United States

MAITLAND, Fla., June 07, 2021 (GLOBE NEWSWIRE) -- ConcordRENTS, the leading affordable multifamily-housing provider in Central Florida, announced plans to increase the minimum wage for all full-time employees to $20 per hour.

Key Points: 
  • MAITLAND, Fla., June 07, 2021 (GLOBE NEWSWIRE) -- ConcordRENTS, the leading affordable multifamily-housing provider in Central Florida, announced plans to increase the minimum wage for all full-time employees to $20 per hour.
  • ConcordRENTS has been a leader in providing a living wage to its employees since initially adopting a $15 per hour minimum wage in 2019.
  • ConcordRENTS will again challenge this standard by increasing its living wage by $1.00/hour per year over each of the next five years to ensure no full-time employee is making less than $20.00 per hour by 2026.
  • If you would like to learn more about ConcordRENTS and its commitment to employees and the community, visit ConcordRENTS.com

FGA Urges Department of Labor Not to Delay Implementation of the Independent Contractor Status Under the Fair Labor Standards Act

Retrieved on: 
Wednesday, February 24, 2021
Taxation in the United States, 75th United States Congress, Child labor in the United States, Child labour law, Fair Labor Standards Act, Minimum wage law, FLSA, Independent contracting in the United States, Foundation for Government Accountability, United States Department of Labor, Articles, Economy

NAPLES, Fla., Feb. 24, 2021 /PRNewswire-PRWeb/ --The Foundation for Government Accountability (FGA) responds to the Department of Labor's delay in implementation of the Independent Contractor Status Under the Fair Labor Standards Act.

Key Points: 
  • NAPLES, Fla., Feb. 24, 2021 /PRNewswire-PRWeb/ --The Foundation for Government Accountability (FGA) responds to the Department of Labor's delay in implementation of the Independent Contractor Status Under the Fair Labor Standards Act.
  • FGA encourages DOL not to delay the effective date as the rule provides much-needed clarity to the "economic realities" test which determines whether a worker is a contractor or employee.
  • The independent contractor rule ends inconsistencies between federal courts by providing a formal independent contractor classification under the Fair Labor Standards Act (FLSA).
  • FGA is joined by the Coalition to Promote Independent Entrepreneurs as they call for the implementation of the Independent Contractor Rule.

In Wake of Chateau Marmont Race and Sex Discrimination Allegations, District Attorney George Gascón Affirms Commitment to Protecting Workers

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Thursday, February 18, 2021
Professional services, Public policy, Government, Human resources, Lodging, Labor, Destinations, Travel, Minimum wage law, United States labor law, Wage theft, Chateau Marmont

District Attorney George Gascn has voiced concern for workers in the wake of allegations brought forth by a former events server alleging that she was subjected to race and sex discrimination while working at the Chateau Marmont.

Key Points: 
  • District Attorney George Gascn has voiced concern for workers in the wake of allegations brought forth by a former events server alleging that she was subjected to race and sex discrimination while working at the Chateau Marmont.
  • District Attorney Gascn stated: I am aware of the civil lawsuit and allegations made regarding the Chateau Marmont Hotel.
  • Workers can often feel powerless when dealing with hostile workplaces, dangerous work conditions, and wage theft.
  • The District Attorney's comments reference a civil lawsuit filed in late January by former employee Thomasina Gross against the Chateau Marmont.

Berger Montague: Blue Cross and Blue Shield of Florida, Inc. to Pay Utilization Review Nurse Twenty-Five Thousand Dollars for Overtime Claim

Retrieved on: 
Friday, January 8, 2021
Labor, Articles, Minimum wage law, Economy, 75th United States Congress, Child labor in the United States, Child labour law, Fair Labor Standards Act, Liberalism in the United States, Lawsuit, Overtime, Nursing

The nurse filed a lawsuit on September 4, 2020, in the United States District Court for the Southern District of Florida, Riviere v. Blue Cross and Blue Shield of Florida, Inc., et al., No.

Key Points: 
  • The nurse filed a lawsuit on September 4, 2020, in the United States District Court for the Southern District of Florida, Riviere v. Blue Cross and Blue Shield of Florida, Inc., et al., No.
  • Fla.), alleging that Defendants violated the federal Fair Labor Standards Act ("FLSA") by misclassifying her and other utilization review nurses as exempt and not paying additional compensation for their overtime hours worked.
  • According to plaintiff's attorney Rachhana T. Srey: "In an effort to avoid paying utilization review nurses all the overtime pay they earned, Florida Blue offered the plaintiff substantial money to settle and dismiss her individual claim.
  • We strongly believe that there are other Florida Blue utilization review nurses who have been underpaid and are entitled to their overtime back wages."

Citizens in Half of U.S. States to See Minimum Wage Increases in 2021

Retrieved on: 
Tuesday, December 15, 2020
Economy, Minimum wage law, Wages and salaries, Labour law, Labor, United States labor law, Minimum wage, Wage, Minimum wage in the United States, Tipped wage

However, most employers and employees are subject to the higher federal minimum wage rate of $7.25 per hour.

Key Points: 
  • However, most employers and employees are subject to the higher federal minimum wage rate of $7.25 per hour.
  • As of September 16, 2020, the minimum wage for these workers is $3.00 higher than the state minimum wage.
  • Other States' increases reflect an annual cost-of-living adjustment, which accounts for the changes in states like Alaska, Florida, Minnesota, and Montana.
  • The minimum wage for direct-care workers in long-term health care facilities is $3.00 higher than the state minimum wage (A 4482, enacted September 16, 2020).

EESC gives its input to the debate on decent minimum wages in Europe

Retrieved on: 
Tuesday, September 22, 2020
Wages and salaries, Economy, Labor, Articles, Labor relations, Minimum wage law, Catholic social teaching, Living wage, Minimum wage, Wage, Unemployment, Decent work

The European Economic and Social Committee (EESC) has adopted the opinion Decent minimum wages across Europe following the European Parliament's request for an exploratory opinion.

Key Points: 
  • The European Economic and Social Committee (EESC) has adopted the opinion Decent minimum wages across Europe following the European Parliament's request for an exploratory opinion.
  • Figures show that about one in ten workers in the EU earn around or below the national statutory minimum wage.
  • In some countries, the existing minimum wage floors are currently not sufficient for workers to be lifted out of poverty by employment alone.
  • The EESC said in the opinion that it remained concerned that poverty in general and in-work poverty were still significant problems in many Member States.
  • In its view, fair minimum wages could help reduce poverty among working poor people, combined with person-centred, integrated and active inclusion policies.
  • Wages represent payment for work done, and are one of the factors that ensure mutual benefits for companies and workers.
  • Ensuring that workers across the EU benefit from decent minimum wages must be an essential part of the EU's recovery strategy.
  • For the Workers' Group, it is undisputable that all workers should be protected by fair minimum wages allowing a decent standard of living wherever they work.

BACKGROUND

    • The Commission launched the first phase of the social partner consultations in January 2020, setting out a number of ways in which EU action could prove beneficial in enabling all EU workers to earn a living wage.
    • In June 2020, the second-phase consultations were launched, with the Commission spelling out the policy objectives of a possible initiative: ensuring that all workers in the EU are protected by a fair minimum wage which provides them with a decent standard of living wherever they work.
    • At the same time, the Commission said that access to employment would be safeguarded and the effects on job creation and competitiveness taken into account.