Does the minimum wage hike go too far - or not far enough? | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Does the minimum wage hike go too far - or not far enough? | News24_Business

Government's proposal to hike the national minimum wage by up to 8.4% was criticised by an employer organisation – while unions believe it is not aggressive enough.

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business Everyone wants their increase. For smaller businesses it is a killer. Unemployment and bankruptcy will have that effect due to wage hikes. It’s a tough one

_Business The minimum wage increase is fine if the employer also gets that percentage increase in their own jobs or the economy is thriving. When this not the case many will lose jobs. Government must stop grand gestures with no thought.

_Business Then the minimum wage hike must also apply for State workers .Why is the Private Sector been made to pay this hike and government gives 3 percent ?What's the difference?

_Business There are no jobs...so what

_Business 1500 food 500 transport500 lunch,school transport 800 then Klaar

_Business That 3000 it all goes to transport

_Business minimum wages produces fewer jobs. It's not a positive for any economy. Competition in the market place and skills are what wages should be based on. That and a few other things.

_Business Too far

_Business Fanning the fires of inflation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WesBank ditches franchise business for 'strategic reasons' | BusinessVehicle finance and insurance company WesBank has abruptly and with little explanation 'ceased ownership' of InspectaCar - one of South Africa’s only turnkey used car dealership franchisors. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

Huawei declares ‘business as usual’ after weathering US blow | BusinessHuawei posted its third straight quarter of growth, declaring a return to normalcy after overcoming a plethora of US restrictions this year. | News24_Business _Business A great platform that can make everybody smile, for my first time hearing about making money online, I thought is fake but when I try it I realize that is real so I won't keep silent I need everyone to smile like me, Randy_Fxhelps _Business Still won't buy it. Samsung the best
Source: News24 - 🏆 4. / 80 Read more »