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Minimum wage in Prince Edward Island going up to $10.35 per hour in October

CHARLOTTETOWN - People earning minimum wage in Prince Edward Island will see raises in June and October. The provincial government has announced that the minimum wage will go up to $10.20 per hour as of June 1 and rise again to $10.35 as of Oct. 1. The hourly minimum wage has been $10 since April 1, 2012. The new rates were approved by the provincial cabinet based on an annual review. Labour Minister Janice Sherry says the rate increases take into account the interests of both employers and employees.

Minnesota lawmakers OK raising minimum wage to $9.50 an hour

By David Bailey MINNEAPOLIS (Reuters) - Minnesota lawmakers on Thursday approved a measure raising the state's minimum wage from one of the lowest in the nation to one of the highest. The measure to bump the hourly wage to $9.50, one of dozens of wage proposals debated by lawmakers around the country this year, passed the Democrat-controlled House by a vote of 71-60. The Democrat-run Senate approved the measure on Wednesday. It now goes to Democratic Governor Mark Dayton, who supports the bill.

H&M calls for faster factory inspections in Bangladesh

By Mia Shanley STOCKHOLM (Reuters) - Hennes & Mauritz (H&M) <HMb.ST>, the world's second-biggest fashion retailer, said on Thursday Bangladesh needed to speed up inspections of its garment industry, almost a year after the collapse of a factory that killed more than 1,100 people. The disaster at the Rana Plaza complex a year ago prompted the Swedish budget fashion chain and other Western brands to pledge to cooperate to improve working conditions.

Obama bypasses Congress to promote equal pay for women

Washington, Apr 8 (EFE).- President Barack Obama resorted Tuesday to an executive order to oblige federal contractors to provide equal pay for women who currently earn less than their male counterparts. The fact that on average a woman is paid 77 cents for every $1 paid to a man is "wrong" in 2014, Obama said during a White House event. "And this is not just an issue of fairness. It's also a family issue and an economic issue, because women make up about half of our workforce and they're increasingly the breadwinners for a whole lot of families out there," he said.

Italy puts 2014 growth forecast at 0.8 per cent; Renzi says he's got payroll tax cut covered

MILAN - Italian Premier Matteo Renzi's government has approved a budget framework that puts economic growth at 0.8 per cent this year. The government is working on a raft of structural and fiscal reforms aimed at boosting Italy's economy out of stagnation. The three-year budget approved Tuesday will be submitted to the European Commission later this month, and the growth estimate compares with the International Monetary Fund's 0.6 per cent forecast.

NDP says B.C. lottery boss who quit got severance of 86K, computer, phone, iPad

VICTORIA - Finance Minister Mike de Jong says the government followed proper guidelines when it allowed the former CEO of the BC Lottery Corporation who quit his job to leave with a severance package. The Opposition New Democrats say Michael Graydon received a payout worth about $86,000, and also got to take his company-issued iPhone, iPad and laptop. Graydon resigned at the end of January and one week later was named the president of a new company that's planning to build an urban resort and gaming centre next to BC Place Stadium in Vancouver.

Maryland lawmakers boost minimum wage to $10.10/hour

WASHINGTON (Reuters) - The Maryland legislature approved raising the state's minimum wage on Monday to $10.10 an hour, equaling the highest state rate and drawing praise from President Barack Obama. The Democrat-controlled House of Delegates approved passage 87-47 and sent the bill to Democratic Governor Martin O'Malley, who had made the measure a priority. Maryland's entry-level wage is $7.25 an hour and was last raised in 2006. The bill would raise it in stages to $10.10 in July 2018.

Obama to launch executive actions on equal pay for women

By Jeff Mason WASHINGTON (Reuters) - President Barack Obama will launch two new executive actions this week aimed at increasing transparency about women's pay in a continuing effort to ensure women are paid equally to their male counterparts for similar work, the White House said on Sunday.

Instant View: U.S. job growth at 192,000 in March

NEW YORK (Reuters) - U.S. employers maintained a solid pace of hiring for a second straight month in March, further evidence the economy was shifting into higher gear after being held back by a brutally cold winter. GRAPHIC: KEY POINTS: * Nonfarm payrolls increase 192,000 in March * Unemployment rate unchanged at 6.7 percent * Average workweek rises to 34.5 hours COMMENTS:

Companies rein in flashy perks, find other rewards for CEOs

By Ross Kerber BOSTON (Reuters) - For some executives, corporate perks are getting just a little less exciting. A number of major U.S. companies are cutting back on glamorous luxuries like personal jet use, country-club memberships, and luxury rentals, recent corporate filings show. Often the shifts follow pressure from shareholders, who in recent years have criticized soaring executive pay and over-the-top perks.
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