In the city, firefighters, police, and sanitation workers had recently signed five - year contracts that awarded
wage and benefit increases of 13.3 percent.
Unions negotiated
wage and benefit increases in line with growing productivity, and these gains gradually spread to non-union workplaces.
Wage and benefit increases of 15 to 20 percent per year at the average Chinese factory will slash China's labor - cost advantage over low - cost states in the U.S., from 55 percent today to 39 percent in 2015, when adjusted for the higher productivity of U.S. workers.
Not exact matches
If there are such enormous
benefits to raising the minimum
wage by nearly $ 4,
and no drawbacks whatsoever, why not double the
increase to $ 18?
Advocates of higher wages will, conversely, find assurance that a minimum
wage increase will
benefit the broader economy
and business owners.
Next we need to account for employment growth in federally regulated industries between 2008
and 2019, which should
increase our overall number of people that
benefit from the minimum
wage policy.
To reduce Social Security's projected funding shortfall, the commission would
increase the taxable
wage base by 2050 to include 90 percent of earnings, to
increase the full -
and early - retirement ages to 69
and 64 respectively by 2075, to cover newly hired state
and local workers after 2020,
and to create a hardship exemption allowing those who can not work past age 62 to receive
benefits early.
Total compensation per employee consists of many different elements, including not only negotiated / imposed
wage settlements, bracket creep (employees moving up within their pay range), composition of employment (professional vs clerical), pay equity, pension
and other future employee
benefit costs driven in part by market conditions, Canada
and Quebec Pension Plan contributions (which
increase by the annual
increase in the industrial
wage), among others.
Social Security
benefits increase automatically each year based on the rise in the Bureau of Labor Statistics Consumer Price Index for Urban
Wage Earners
and Clerical Workers (CPI - W), from the third quarter of the prior year to the corresponding period of the current year.
The 2017 Health
and Workplace
Benefits Survey recently completed by the Employee Benefit Research Institute and Greenwald & Associates finds that 44 percent of employees would give up a wage increase for increased work - life balance benefits like paid time off or teleco
Benefits Survey recently completed by the Employee
Benefit Research Institute
and Greenwald & Associates finds that 44 percent of employees would give up a
wage increase for
increased work - life balance
benefits like paid time off or teleco
benefits like paid time off or telecommuting.
[158] Other causes include the rise in non-cash
benefits as a share of worker compensation (which aren't counted in CPS income data), immigrants entering the labor force, statistical distortions including the use of different inflation adjusters by the BLS
and CPS, productivity gains being skewed toward less labor - intensive sectors, income shifting from labor to capital, a skill gap - driven
wage disparity, productivity being falsely inflated by hidden technology - driven depreciation
increases and import price measurement problems,
and / or a natural period of adjustment following an income surge during aberrational postwar circumstances.
Initial Social Security
benefits themselves rise roughly in line with
wage growth,
and lifetime
benefits increase further as life expectancy grows.
Social welfare policies which encourage marriage
and family cohesion such as
increasing the «marriageability» of men, through
wage supports
and the EITC, will be of more long term
benefit than creating new programs
and new services.
Additionally, the company offers a $ 15 - per - hour minimum
wage, profit sharing, health
and dental
benefits, with plans to
increase the company's workforce
and open a new facility in the next 14 months.
To avoid a similar fiasco, the SPD has insisted this time on a number of social policies in the 2013 coalition treaty, such as the introduction of a minimum
wage, more flexibility in the pension system, an
increase in old - age pensions
and benefits for the chronically ill as well as an
increase in social expenditure on matters like education, health
and family
benefits.
Instead, the employees will keep their pension plan,
and have won significant
wage increases, improvements in health
and other
benefits,
and additional rights
and protections including new anti-discrimination provisions
and the installation of a «panic button» system which will protect the safety of employees from harassment
and assault.
To the extent that conservatives succeed in reducing fiscal woes to a case of runaway spending, politicians find it easier to address budget shortfalls with public sector furlough days,
wage freezes, layoffs
and benefit cuts than with progressive tax
increases that, many economists conclude, would cause the least harm to the recovery.
The minimum
wage should be
increased to # 10 per hour so that working people do not have to be supported with
benefits, says the Bakers Food
and Allied Workers Union (BFAWU).
• Promoting Labor Law reforms - including elimination of the
Wage Theft Prevention Act's annual notice / signature requirement, adopting reasonable standards regarding pay equity
and workplace accommodations,
and opposing new
and increased pay
and benefit mandates on private sector employers.
The savings come from reduced costs for public assistance to low -
wage workers — in effect a taxpayer subsidy to large low -
wage employers —
and increased tax payments by workers
benefiting from the
wage hike.
This policy brief details how, beyond significant
benefits for New York's workers, an
increase in New York's minimum
wage will entail significant budget savings for New York State
and other levels of government — savings well in excess of $ 1 billion, depending on the amount of the
wage increase.
The families of minimum
wage workers will be much better off as a result, better able to move toward self - support,
and the economy will
benefit from
increased consumer spending.
The governor also called on teachers to accept temporary
wage freezes
and to
increase their share of health
benefit costs while blasting school administrators for making more than he does.
Speaking in a packed auditorium in the Boys
and Girls
and Club on Bailey Avenue near Genesee Street, Cuomo said thousands of people will
benefit if the minimum
wage is
increased from the current $ 8.75 an hour to $ 10.50 an hour.
State employees would receive no general
wage increases for three years
and pay more for their pensions
and health care
benefits under a tentative deal with Gov. Dannel P. Malloy that would save the state more than $ 1.5 billion over the next two years, officials said Monday.
The settlement included a
wage increase on par with the rising cost of living, but in exchange, there was reform to the employees» active health insurance, retiree health insurance, paid time - off
benefit package
and employee work hours.
Under New York State law, union employees continue to receive step (
wage)
increases and benefits as outlined in the expired contract.
This is the largest real - terms
increase in the National Minimum
Wage since 2008
and is set to
benefit more than 1.4 m of Britain's lowest paid workers.
Oral Questions - Ensuring
wage - earners who are below the income tax threshold will
benefit from any future
increases in the personal allowance - Lord Greaves; Measures to detect
and prevent sudden cardiac death - Lord Storey; Number of people employed by the EU Institutions
and information on the number of those who pay either no tax, or reduced tax rates, on their remuneration - Lord Flight
«We are telling the Legislature
and the governor that they can not leave Albany without passing an expanded 421 - a program that
increases affordability requirements
and expands
wage and benefits standards for building workers.
Some wanted provisions to
increase or accelerate the minimum
wage and criticized tax cuts that will
benefit wealthy New Yorkers.
Be careful — look at this YouGov poll which shows a majority of people would support renationalisation of the utilities,
increasing the minimum
wage to # 10
and the top rate of tax to 60 %... but also a total ban on immigration
and benefits for anyone who turns down a job, making life mean life with no parole in prison sentences
and stopping all international aid.
But Gjede suggested a $ 15 minimum
wage for fast - food workers in New York
and other neighboring states could ultimately
benefit Connecticut's business climate, which was strongly criticized by some major employers who recently threatened to leave the state because of proposed business tax
increases in one version of the state budget.
In addition, by setting forth several annual
increases and taking the historic step of indexing the maximum
benefit in the future, we have ensured that never again will our state's
benefit fall to its current last in the nation status in terms of
wage replacement.
After 14 years since the last
increase in unemployment
benefits and over 6 years of an essentially flat minimum
wage, Albany has finally answered the call of New York's hard working families,
and begun to address the issue of rampant income inequality.
The report proposes a series of policy recommendations to close the
wage gap, including launching statewide public education campaigns on the breadth of career opportunities, salary negotiation
and financial literacy, expanding access to child care
and family leave,
increasing career mentoring for young women
and improving data
and transparency on job titles, pay
and benefits.
Connecticut Senate Republican President Len Fasano of East Haven says it's concerning that the deal offers state workers job security for the next five years
and locks in
benefits including
wage increases of nine to 11 percent.
State employees would receive no general
wage increases for three years
and pay more for their pensions
and health care
benefits under a tentative deal with Gov. Dannel P. Malloy that would save the state more than $ 1.5 billion over the next two years,...
Mayor Bloomberg let the municipal unions know that he will settle contracts with them if they agree to two conditions: 1) no retroactive
wage increases;
and 2) workers would have to agree to contribute to the cost of their health care
benefits.
Since November 2008 the number of working people in receipt of housing
benefit has
increased by 235,000, mainly as hours have been cut back
and more families have had to rely on only one
wage packet.
These «step -
and - lane» schedules, which legislatures
and school boards have accepted, reflect union preferences for
wage agreements that
increase member solidarity
and benefit the most union members.
Next we need to account for employment growth in federally regulated industries between 2008
and 2019, which should
increase our overall number of people that
benefit from the minimum
wage policy.
Offer less of a
wage increase,
and a generous
increase to the pension
benefit.
Last month's provincial budget promised a pilot project to test «that a basic income could build on the success of minimum
wage policies
and increases in child
benefits by providing more consistent
and predictable support.»
We do not agree with the allegations in the Gamasutra post (e.g. there has been no reduction in health
benefits or ancillary
benefits and perks (such as free dinners
and massages etc),
wage increases across the studio have kept track with cost of living
increases,
and anyone who feels they have been overlooked for a bonus for a game they worked on please contact HR to discuss as soon as possible).
The e-mail says that the NY offices take issues such as this «extremely seriously», they deny any decrease in health or ancillary
benefits,
and they go on to say that
wage increases «have kept track with cost of living
increases.»
In urban
and rural areas,
wage - labor - dependent poor households that are net buyers of food are expected to be particularly affected due to food price
increases, including in regions with high food insecurity
and high inequality (particularly in Africa), although the agricultural self - employed could
benefit.
He voted against protecting voting rights, against
increasing the minimum
wage, against unemployment
benefits,
and in support of lifting a ban on oil
and gas drilling off the New Jersey coast.
Child labor has been abolished, safe
and healthy work environments are guaranteed with federal laws such as Occupational Safety
and Health Act (OSHA), Black Lung
Benefits Act (BLBA), Fair Labor Standards Act (FLSA)
and many others,
and the minimum
wage compensation of workers has
increased tremendously.
The overhaul is intended to
benefit workers by raising the minimum
wage in two stages to $ 15 an hour by 2019, ensuring equal pay for part - time employees,
increasing vacation entitlements
and making it easier to unionize in certain sectors where employment is precarious.