Tag: National Minimum Wage
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Poland to Introduce New Minimum Wage for 2025: 30.50 złoty per Hour ($7.90)
Poland is set to raise its minimum wage to 30.50 złoty per hour (approximately $7.90) starting in 2025, continuing its trend of consistent wage increases over recent years. This move comes as part of the government’s ongoing efforts to improve the standard of living for workers and ensure that wages keep pace with inflation and…
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Seychelles, Africa’s second most developed country 🇸🇨
It has Africa’s highest minimum wage ($426 monthly), literacy rate (95.9%) and GDP per capita. It has Africa’s most powerful passport with easy access to 153 countries/territories. Free healthcare. 3.5% unemployment rate. Seychelles 🇸🇨 is the only African country classified as “high-income” by the world Bank. The world’s largest seed, the seed of the Lodoicea…
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Nigeria approves new minimum wage amid economic turbulence and labor unrest
“President Bola Tinubu has approved a 70,000 naira minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years,” Senior Presidential Aide Bayo Onanuga announced on X. The compromise was reached during negotiations between the government and the country’s largest labor unions, the Nigerian Labour Congress (NLC) and…
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FEC STEPS DOWN MINIMUM WAGE MEMO AS TINUBU PLANS WIDER CONSULTATIONS
The Federal Executive Council (FEC) has decided to step down the minimum wage memo, citing the need for broader consultations as President Bola Tinubu seeks to engage with a wider range of stakeholders. This move comes amidst growing calls for an increase in the national minimum wage to address the rising cost of living and…
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