Tax for higher wages is defended by Argentine Government

The Argentine government on Monday defended the need to charge a tax on the highest salaries, despite the growing opposition claims from unions that reject the measure. “Many do not agree that it must be collected. We consider it philosophically and ideologically necessary...

President Correa warns the telecommunications sector to set their wages

“If the sectoral committees do reach an agreement until December, we can already declare the minimum wages by sectors,” said President Rafael Correa in reference to the work space of telecommunications on Sunday, 28 September in an interview with Ecuador TV. “We...

Correa announces limit settings to private sector wages

President Rafael Correa reported yesterday, during his National Address that will set a limit on wages in both the public sector and the private. These reforms are part of the changes that will have the draft of new Labour Code prepared by the Executive. Correa said the reform...

Increase of minimum wage in Switzerland is rejected

Switzerland rejected yesterday in a referendum the establishment of a unique minimum wage equivalent to USD 4 500, which would have been the highest in the world. According to official results, 76.3% of voters rejected the establishment of the minimum wage of 22 Swiss Francs per...