Do we need new rules?
The EU's new minimum wage rules highlight challenges and the need for balanced strategies.
Here some personal ideas:
1️⃣ Support SMEs: Tailored incentives and reduced bureaucracy can help businesses adapt.
2️⃣ Invest in Skills: Education and training empower workers to secure higher-paying jobs.
3️⃣ Foster Innovation: Policies that promote R&D and startups drive economic growth.
A sustainable future lies in addressing wage gaps while enabling business growth and job creation.
#EconomicBalance#FairWages#EUInnovation
Minimum wages vary wildly across the EU, with many people unable to afford a decent standard of living.
On 15 November, new rules take effect that will require EU countries to make sure people living on minimum wage can afford a decent standard of living.
The new rules aim to do this by obliging EU countries to:
💶 Ensure minimum wages are sufficient for a decent standard of living through monitoring.
⚖️ Support collective bargaining between workers and employers to help set fair wages.
📜 Strengthen workers’ access to minimum wage protections under national laws.
Parliament expects that these changes will lead to significant wage growth in the EU and help close the gender pay gap, as 60% of minimum wage earners are women.
MEPs approved the new rules back in 2022, it is now up to EU countries to implement them.
As these new rules roll out, expect to see shifts in the wage landscape aimed at reducing in-work poverty and promoting fair labour standards across the EU.
For more information about how the new rules aim to end in-work poverty: https://europa.eu/!VPRTC6
SVP / Global Head Human Resources / Passionate about: Organisation Development, Performance Management, Leadership Development, Employee Relations, and Management of Change
How the EU differs from the USA -> Working Towards Some Minimum Wage Harmonisation:
From November 15, new EU rules take effect to ensure minimum wages provide a decent standard of living across member states. Key measures include monitoring wage levels, strengthening collective bargaining, and improving access to minimum wage protections.
These changes are expected to drive wage growth, reduce the gender pay gap, and support fair labor standards, benefiting millions of workers across the EU. As the below map shows, the current differences are disproportionate. Do you agree?
Minimum wages vary wildly across the EU, with many people unable to afford a decent standard of living.
On 15 November, new rules take effect that will require EU countries to make sure people living on minimum wage can afford a decent standard of living.
The new rules aim to do this by obliging EU countries to:
💶 Ensure minimum wages are sufficient for a decent standard of living through monitoring.
⚖️ Support collective bargaining between workers and employers to help set fair wages.
📜 Strengthen workers’ access to minimum wage protections under national laws.
Parliament expects that these changes will lead to significant wage growth in the EU and help close the gender pay gap, as 60% of minimum wage earners are women.
MEPs approved the new rules back in 2022, it is now up to EU countries to implement them.
As these new rules roll out, expect to see shifts in the wage landscape aimed at reducing in-work poverty and promoting fair labour standards across the EU.
For more information about how the new rules aim to end in-work poverty: https://europa.eu/!VPRTC6
Minimum wages vary wildly across the EU, with many people unable to afford a decent standard of living.
On 15 November, new rules take effect that will require EU countries to make sure people living on minimum wage can afford a decent standard of living.
The new rules aim to do this by obliging EU countries to:
💶 Ensure minimum wages are sufficient for a decent standard of living through monitoring.
⚖️ Support collective bargaining between workers and employers to help set fair wages.
📜 Strengthen workers’ access to minimum wage protections under national laws.
Parliament expects that these changes will lead to significant wage growth in the EU and help close the gender pay gap, as 60% of minimum wage earners are women.
MEPs approved the new rules back in 2022, it is now up to EU countries to implement them.
As these new rules roll out, expect to see shifts in the wage landscape aimed at reducing in-work poverty and promoting fair labour standards across the EU.
For more information about how the new rules aim to end in-work poverty: https://europa.eu/!VPRTC6
There's a lot of boasting about Malta's GDP growth and low unemployment. For a time it had a surplus budget. Employers freak out at any mention of higher taxes or the right for fathers to spend some time with their newborn. Meanwhile, the minimum wage is below median monthly rent for a one-bedroom apartment in the towns of Swieqi and St. Julian's. When I moved to Malta, there was still some economic advantage in terms of average salaries too, and the islands were full of young Europeans working in hospitality, saving for their dreams. Now it doesn't make any sense for them, and people who come here to work in difficult jobs do so because it's one of the easier visas, or they are running away from exploitation elsewhere, or they were scammed to think that they can save for their dreams in Malta.
The government can afford to make a difference. There's no threat of high unemployment. It chooses not to. No mention of doing away with poverty wages in the budget, AFAIK
#povertywages#pajjiztakwalita
Minimum wages vary wildly across the EU, with many people unable to afford a decent standard of living.
On 15 November, new rules take effect that will require EU countries to make sure people living on minimum wage can afford a decent standard of living.
The new rules aim to do this by obliging EU countries to:
💶 Ensure minimum wages are sufficient for a decent standard of living through monitoring.
⚖️ Support collective bargaining between workers and employers to help set fair wages.
📜 Strengthen workers’ access to minimum wage protections under national laws.
Parliament expects that these changes will lead to significant wage growth in the EU and help close the gender pay gap, as 60% of minimum wage earners are women.
MEPs approved the new rules back in 2022, it is now up to EU countries to implement them.
As these new rules roll out, expect to see shifts in the wage landscape aimed at reducing in-work poverty and promoting fair labour standards across the EU.
For more information about how the new rules aim to end in-work poverty: https://europa.eu/!VPRTC6
Interesting to see what measures exactly the EU Parliament will take to ensure the increase of the minimum wages in Southern Europe . The chart illustrates min wage proportions between Northern and Southern Europe that have been there for decades. This is fundamental issue if you consider the population suffering from these huge inequalities.
Personally I do not think this initiative will bring in any effects at all because no one seems to be truly engaged in equalizing these descrepancies...
Minimum wages vary wildly across the EU, with many people unable to afford a decent standard of living.
On 15 November, new rules take effect that will require EU countries to make sure people living on minimum wage can afford a decent standard of living.
The new rules aim to do this by obliging EU countries to:
💶 Ensure minimum wages are sufficient for a decent standard of living through monitoring.
⚖️ Support collective bargaining between workers and employers to help set fair wages.
📜 Strengthen workers’ access to minimum wage protections under national laws.
Parliament expects that these changes will lead to significant wage growth in the EU and help close the gender pay gap, as 60% of minimum wage earners are women.
MEPs approved the new rules back in 2022, it is now up to EU countries to implement them.
As these new rules roll out, expect to see shifts in the wage landscape aimed at reducing in-work poverty and promoting fair labour standards across the EU.
For more information about how the new rules aim to end in-work poverty: https://europa.eu/!VPRTC6
The MW (minimum wage), the real indicator of life quality.
Snapshot of our Workforce:
1. Did you know that Romania has an active working force of almost 70% of the total employable population?
2. Out of this 70% total more than 33% earn minimum wage (!!!) and another approx. 10% stayed up to average wage.
* Of course, this does not include benefits which are "a must" for Romania.
3. Another close to 11% of the working population, not included in our total, work abroad.
Unemployment rate is no longer indicative of anything much, as terminations, in their majority, no longer result in unemployment support under articles 65 or 67 CM (Ro Labor Code) - unless an absolute legal must - and most of all, because of the labor market dynamics.
If you are still looking for a %, unemployment is around 5% in 2024, representing around 30000 jobs (that also gives you a general picture of the active market size).
This will and is expected to grow considering changes in major industrial sectors.
More than 83% of the active population is expected to change jobs or wishes to, according to one of the top recruitment platforms in Romania and their study done in 2021. I believe not much has changed in intention in 2024, though people will be more thoughtful upon making the decision of job change considering the mentioned strains in the industrial sector.
Therefore, if you are a candidate going to an interview.. remember these statistics when you place yourself in relation to your expected earnings and the value of your competences on our job market.
If you are a recruiter, a colleague... don't believe just all that 😉 you hear :)
If you are a company, watch out for the rates of yearly growth in MW (minimum wage) and average wages and the benefits scene accompanying your salary investments.
One Up for correct data and for having "the bigger picture"! ✌️
Trustful sources:
Eurostat: https://lnkd.in/gj3FuCmF
INS: https://insse.ro/cms/
any many more..
Of course, there's a lot more to look at: industries, regions, age groups, gender ratios, studies and competences, that compensation model and that salary study that you trust, the "whys" the "whens", and all the other wwww that help us understand the complete context.
Be informed before you make any decision.
Minimum wages vary wildly across the EU, with many people unable to afford a decent standard of living.
On 15 November, new rules take effect that will require EU countries to make sure people living on minimum wage can afford a decent standard of living.
The new rules aim to do this by obliging EU countries to:
💶 Ensure minimum wages are sufficient for a decent standard of living through monitoring.
⚖️ Support collective bargaining between workers and employers to help set fair wages.
📜 Strengthen workers’ access to minimum wage protections under national laws.
Parliament expects that these changes will lead to significant wage growth in the EU and help close the gender pay gap, as 60% of minimum wage earners are women.
MEPs approved the new rules back in 2022, it is now up to EU countries to implement them.
As these new rules roll out, expect to see shifts in the wage landscape aimed at reducing in-work poverty and promoting fair labour standards across the EU.
For more information about how the new rules aim to end in-work poverty: https://europa.eu/!VPRTC6
On 15 November new rules take effect that will require EU countries to make sure people living on minimum wage can afford a decent standard of living. The following graphic shows how minimum wages vary wildly across the EU:
Minimum wages vary wildly across the EU, with many people unable to afford a decent standard of living.
On 15 November, new rules take effect that will require EU countries to make sure people living on minimum wage can afford a decent standard of living.
The new rules aim to do this by obliging EU countries to:
💶 Ensure minimum wages are sufficient for a decent standard of living through monitoring.
⚖️ Support collective bargaining between workers and employers to help set fair wages.
📜 Strengthen workers’ access to minimum wage protections under national laws.
Parliament expects that these changes will lead to significant wage growth in the EU and help close the gender pay gap, as 60% of minimum wage earners are women.
MEPs approved the new rules back in 2022, it is now up to EU countries to implement them.
As these new rules roll out, expect to see shifts in the wage landscape aimed at reducing in-work poverty and promoting fair labour standards across the EU.
For more information about how the new rules aim to end in-work poverty: https://europa.eu/!VPRTC6
EVERYTHING CAN BE DONE if you want🔵🔴
Hello
Everyone is sure that Education and learning must start early, everything has a first time, regardless of who, where, when and what you intend to start with.
(It could be that one should start researching the difference in this idea)
You could try THINKING NEWLY 🙇♂️
(3ién Play Learning and Movement in a NEW FORM is under way, with new materials that I will probably make you aware of when it happens, when you now move away from too much SCAMMING)
I know today that one of the problems also lies in THE small simple learning THINGS.
Alphabet Keyboard The idea is (EU) (REGISTERED) and originates from 2 existing products which have just been put together into 'one product', a simple solution, a keyboard and the Latin alphabet that we know from our elementary schools.
After all, the children have to learn the Latin alphabet in order to be able to write in words and sentences, this is the transition from handwriting to the digital user interfaces, such as the mobile phone, the iPad, the laptop and the stationary keyboard.
It is THE ADULTS for teaching in schools, just like the families in private life, who buy for the children, so drop the POWER OF HABIT for a moment.
By putting the UPPERCASE and the lowercase letter on the same button, reports show a time difference of 30-60% per user, here a lot of TIME can be SAVED, both for the teacher and especially for the users.
EVERYTHING STARTS WITH THE CHILDREN👍 right from 0 to 3 and from 3 to 6 years' school also starts.
Children love colors🌈🔵🔴that we are surrounded by.
The Alphabet Keyboard Idea
Aa, Bb, Cc, Dd, Ee, Ff, Gg, Hh, Ii, Jj, Kk, Ll, Mm, Nn, Oo, Pp, Qq, Rr, Ss, Tt, Uu, Vv, Ww, Xx, Yy, Cc, Ee, Ee, Oe. Which is divided into Vowels and Consonants, as they show it in school.
A cot for approx. 2.6 billion people CHILDREN as ADULTS in the WORLD
Oluf Carsten Lunds is a former banker who has worked with entrepreneurship for 20 years, and for the last 10 years researched dyslexic entrepreneurs.
Oluf's knowledge and RESEARCH will surely be able to change the way of thinking of other people, WHO ARE NOT WORD BLIND, you can hear and see more about that in the podcast at this Link👇
https://lnkd.in/dtNWbQ4M
Anders Peter Nielsen is a Traveler in good teaching.
Hi John - came to think of you when my daughter played the song here/ https://lnkd.in/d9GcDDmz 😀Thank you for your post with Mr Skæg🔵🔴from DR' Anders👍❤️
Look at more
www.Letterkey.eu
Etc
John Christensen
Tel: 45-5354 3410
Email: [email protected]
Keyboard History.
https://lnkd.in/d9K7jyeRhttps://lnkd.in/dQsniUqi
Minimum wages vary wildly across the EU, with many people unable to afford a decent standard of living.
On 15 November, new rules take effect that will require EU countries to make sure people living on minimum wage can afford a decent standard of living.
The new rules aim to do this by obliging EU countries to:
💶 Ensure minimum wages are sufficient for a decent standard of living through monitoring.
⚖️ Support collective bargaining between workers and employers to help set fair wages.
📜 Strengthen workers’ access to minimum wage protections under national laws.
Parliament expects that these changes will lead to significant wage growth in the EU and help close the gender pay gap, as 60% of minimum wage earners are women.
MEPs approved the new rules back in 2022, it is now up to EU countries to implement them.
As these new rules roll out, expect to see shifts in the wage landscape aimed at reducing in-work poverty and promoting fair labour standards across the EU.
For more information about how the new rules aim to end in-work poverty: https://europa.eu/!VPRTC6
Living costs are getting higher every day. Yet in many EU countries minimum wage is not enough to cover your basic needs.
-In Italy there is no minimum wage.
-According to official sources, Greece is in the top of the list with its citizens not being able to afford rent.
To me, the illustration below is a depiction of inequality between Nothern Europe and the Mediterranean and Balkans.
Minimum wages vary wildly across the EU, with many people unable to afford a decent standard of living.
On 15 November, new rules take effect that will require EU countries to make sure people living on minimum wage can afford a decent standard of living.
The new rules aim to do this by obliging EU countries to:
💶 Ensure minimum wages are sufficient for a decent standard of living through monitoring.
⚖️ Support collective bargaining between workers and employers to help set fair wages.
📜 Strengthen workers’ access to minimum wage protections under national laws.
Parliament expects that these changes will lead to significant wage growth in the EU and help close the gender pay gap, as 60% of minimum wage earners are women.
MEPs approved the new rules back in 2022, it is now up to EU countries to implement them.
As these new rules roll out, expect to see shifts in the wage landscape aimed at reducing in-work poverty and promoting fair labour standards across the EU.
For more information about how the new rules aim to end in-work poverty: https://europa.eu/!VPRTC6
Eurofound has just released its latest annual review on minimum wages in 2024. According to the report, the minimum wage has increased in all EU countries by up to 21%.
The EU Minimum Wage Directive, passed in October 2022, aims to improve standards of living with a view to achieving upward convergence and reducing in-work poverty, wage inequalities, and the gender pay gap. However, while an increasing number of Member States are embarking on improving minimum wages relative to average or median wages, thereby increasing the ‘fairness’ dimension, it is important to further reflect and analyze whether such measures ensure a ‘decent standard of living’ as an additional dimension in the assessment of adequacy.
You can find more information in the article below. ⬇
At #SYNCLUSIVE, we work towards labor inclusion and fair working conditions for all vulnerable groups.
#SYNCLUSIVE#EUMinimumWageDirective#labourinclusion#socialproject#employment
UK minimum wage to rise – here’s how it could really tackle the cost of living and inequality
In a recent article in The Conversation UK, authors Mathew Johnson and Damian Grimshaw discuss the government's intentions to raise the national minimum wage up to the level of a “real living wage” and whether this will go far enough.
Read the full article: https://lnkd.in/ejQUiNzMWork and Equalities Institute