Arrears of minimum wage news
Here are some recent news articles and updates on arrears of minimum wage:
Global Minimum Wage Arrears
- According to a report by the International Labor Organization (ILO), an estimated 2.4 billion workers worldwide, or 63% of the global workforce, are not paid the minimum wage or are paid below the minimum wage. (Source: ILO, 2020)
- A study by the World Bank found that in 2019, 44% of workers in developing countries were paid below the minimum wage. (Source: World Bank, 2020)
Country-specific Minimum Wage Arrears
- India: The Indian government has been facing criticism for not implementing the minimum wage law, which was introduced in 2016. Many workers, including those in the informal sector, are still not paid the minimum wage. (Source: The Hindu, 2022)
- Nigeria: The Nigerian government has been accused of not paying the minimum wage to many workers, including those in the public sector. The country's minimum wage is N30,000 (approximately $80) per month. (Source: Premium Times, 2022)
- South Africa: The South African government has been facing pressure to increase the minimum wage, which is currently R3,500 (approximately $240) per month. Many workers, including those in the informal sector, are still not paid the minimum wage. (Source: Business Day, 2022)
Impact of Minimum Wage Arrears
- Poverty: Minimum wage arrears can exacerbate poverty, as workers are not able to earn a living wage to support themselves and their families.
- Inequality: Minimum wage arrears can widen income inequality, as those who are paid below the minimum wage are often the most vulnerable members of society.
- Economic growth: Minimum wage arrears can also have negative effects on economic growth, as workers who are not paid the minimum wage may not have enough income to spend, which can reduce consumer demand and economic activity.
Efforts to Address Minimum Wage Arrears
- Legislation: Governments can pass legislation to establish a minimum wage and ensure that workers are paid the minimum wage.
- Enforcement: Governments can also establish enforcement mechanisms to ensure that employers comply with minimum wage laws.
- Social protection: Governments can provide social protection programs, such as unemployment benefits and healthcare, to support workers who are not paid the minimum wage.
- Civil society engagement: Civil society organizations can play a crucial role in advocating for workers' rights and pushing for governments to implement minimum wage laws and enforcement mechanisms.