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labor minister-ordinary wage

SEOUL, May 20 (Yonhap) -- The labor minister proposed Monday that the management, labor and government hold a meeting to discuss a highly controversial issue of whether bonuses should be included in the "ordinary wages" of workers. Ordinary wages refer to payments in addition to one's salary that include overtime, holiday shifts, paid annual leave, severance and other allowances. Much attention has recently been given to the inclusion or exclusion of regular bonuses due to the financial impact that the definition could have on companies.

Saskatchewan passes omnibus labour law; unions argue it may hurt workers

REGINA - The Saskatchewan government has passed a labour act melding 12 pieces of legislation into one omnibus law that allows for more flexible work hours, shortens the qualifying time for parental leave and ensures disabled people can't be paid less than minimum wage. But the Saskatchewan Federation of Labour says it's rife with loose ends, waters down current labour standards and undermines bargaining rights.

Bangladesh to raise garment workers' minimum wages

Bangladesh has set up a panel to raise the minimum wage for more than three million garment workers, a minister said Sunday, after a series of disasters highlighted the poor conditions they endure. "We've set up a minimum wage board for the garment sector. We did it in view of the workers' demand to hike their salaries," textile minister Abdul Latif Siddique told AFP. A typical Bangladeshi garment worker takes home less than $40 a month, a wage that Pope Francis has condemned as akin to slave labour.

Pay Bangladesh garment workers a living wage

Nobel laureate and micro-loan pioneer Professor Muhammad Yunus Monday urged manufacturers and retailers to ensure living wages for Bangladesh's millions of garment workers so that they don't live like slaves. The 2006 Nobel peace prize winner said he was in talks with Berlin-based watchdog Transparency International to fix an index for minimum wages in the countries which make apparel for Western retailers.

Bangladesh plans to raise wages for garment workers after factory collapse raises scrutiny

DHAKA, Bangladesh - Bangladesh's government plans to raise the minimum wage for garment workers after the deaths of more than 1,100 people in the collapse of a factory building focused attention on the textile industry's dismal pay and hazardous working conditions. A new minimum wage board will issue recommendations for pay raises within three months, Textiles Minister Abdul Latif Siddiky said Sunday. The Cabinet will then decide whether to accept those proposals. The wage board will include representatives of factory owners, workers and the government, he said.

House approves measure that would let workers trade overtime pay for more time off

WASHINGTON - The Republican-led House on Wednesday approved a measure that would give private sector workers the option of trading overtime pay for extra time off weeks or months later. The bill, approved on a 223-204 vote, would allow employees who work more than 40 hours a week to save up to 160 hours of earned time off for future use. GOP lawmakers say they want to give busy working parents at private firms the same flexibility that public sector workers have to take time off to spend with their children or care for aging parents.

Insight: New York authorities in wave of pension payment deferrals

By Edward Krudy NEW YORK (Reuters) - For Niagara Falls, a city in New York staring at the prospect of insolvency in the face of a weak local economy and soaring employee costs, diverting money earmarked for pensions to cover short-term spending needs seemed like the only option. "We don't like doing it, so this is sort of a last ditch strategy for us," Mayor Paul Dyster told Reuters in an interview. Postponing pension payments was the way to avoid cutting back on town services, he said.

Hypothetical pay for mothers falls, reflecting stagnant U.S. wages

By Atossa Araxia Abrahamian NEW YORK (Reuters) - A mother's hypothetical pay fell for the second year in a row, dragged down by stagnating wages in the United States, according to insurance information website Insure.com. A mom in 2013 was worth $59,862 per year, down from $60,182 in 2012 and $61,436 in 2011, Insure.com said, calculating the salary based on U.S. Bureau of Labor Statistics (BLS) data. This was the third year Insure.com released its data just ahead of Mother's Day.

NYC set to pass paid sick days plan, seen as major step in push for the benefit around US

NEW YORK, N.Y. - A national push for paid sick days is poised to score a significant victory, with lawmakers in the nation's largest city set to vote on requiring businesses to provide the benefit to an estimated 1 million workers who don't have it now. The City Council was expected to OK that Wednesday, while also approving unpaid sick time for another roughly 300,000 workers. A mayoral veto is expected, but so is an override.

Overtime pay vs. time off: GOP wants a choice, but Democrats say plan would hurt workers

WASHINGTON - It seems like a simple proposition: give employees who work more than 40 hours a week the option of taking paid time off instead of overtime pay. The choice already exists in the public sector. Federal and state workers can save earned time off and use it weeks or even months later to attend a parent-teacher conference, care for an elderly parent or deal with home repairs.
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