Saturday, October 12

Tag: wages

Singapore Government Raises Minimum Wages for Expats
News

Singapore Government Raises Minimum Wages for Expats

18th March, 2024: Singapore Government has implemented new regulations regarding minimum wages for foreign workers, particularly focusing on the Employment Pass (EP) policy. The Ministry of Manpower (MOM) has announced adjustments to the EP minimum qualifying salary, increasing it from $5,000 to $5,600 per month. This increment will be progressively raised with age, reaching up to $10,700 for individuals in their mid-40s. These changes aim to maintain equitable opportunities for local employees across all age demographics. The EP is a work permit that allows foreign professionals, managers, and executives to be employed in Singapore. The minimum qualifying salary for the EP is based on the top one-third of local PMET1 wages, ensuring that EP holders meet high-quality standards. The ...
Amazon to Increase Minimum Wages of US Employees to $15
USA

Amazon to Increase Minimum Wages of US Employees to $15

Amazon has announced that the company is reportedly raising the minimum wage for all its United States employees to $15 which will be effective from next month. The raise is applicable for part-time workers and those hired through temporary agencies. The company mentioned that it would also persuade Washington to raise the federal minimum wage which has been around $7.25 for almost a decade. The rise in the wages will apply to more than 250,000 Amazon employees, including those at the grocery chain Whole Foods. Also, it will apply to more than 100,000 seasonal employees that the company plans to appoint for the holiday season. However, the change in wages will not apply to contract workers. “We listened to our critics, thought hard about what we wanted to do, and decided we want to ...