Increase in minimum wage

Article Abstract:

The Czech government announced eight percent hike in minimum wages for employees across the country to enable more purchasing power in line with wages of employees in other European Union countries. The government hopes that its strategy would help in motivating employees to stay on their jobs as well as to increase purchasing power of the employees.

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Minimum wage to be increased

Article Abstract:

The implications of the proposed hike in minimum wages on pay bargaining and inflation in Spain are discussed. Spanish government is contemplating a 4.5% hike in minimum wages for 2005 as of now and may have to consider a further upward revision thereof if the inflation exceeds the forecasts.

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UK: minimum wage report for 2004

Article Abstract:

The functioning of the National Minimum Wage (NMW) policy system introduced by the labor government since 1997 in United Kingdom is presented. The national minimum wage has increased in October 2004. The relevant details are presented.

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