Costa Rica's minimum wage is high: Minimum wage as a percentage of the median wages of full-time workers, 2016

2018 ◽  
Keyword(s):  
Minimum Wage ◽  
Full Time ◽  
High Minimum Wage

Die Auswirkungen des gesetzlichen Mindestlohns auf die Rentenentwicklung

2021 ◽  
Vol 70 (99) ◽  
pp. 1-19
Author(s):  
Oliver Ehrentraut ◽  
Philipp Kreuzer ◽  
Stefan Moog ◽  
Heidrun Weinelt ◽  
Oliver Bruttel
Keyword(s):  
Minimum Wage ◽  
Pension System ◽  
Full Time ◽  
Pension Insurance ◽  
Individual Level ◽  
Wage Effects ◽  
The Individual ◽  
Wage Increases ◽  
Full Time Employment ◽  
Pension Insurance System

Der Beitrag untersucht auf Basis eines Simulationsmodells und empirischer Daten die Auswirkungen des gesetzlichen Mindestlohns auf die Rentenversicherung. Dabei werden sowohl die Wirkungen auf das Rentensystem insgesamt als auch die individuellen Rentenansprüche von Beschäftigten analysiert. Auf das Rentensystem insgesamt hat der Mindestlohn praktisch keine Auswirkungen, weil der Impuls des Mindestlohns auf die gesamtwirtschaftliche Lohnsumme letztlich zu gering ist. Auf individueller Ebene können sich die Rentenanwartschaften der Versicherten je nachdem, wie deutlich ihr Verdienst aufgrund der Mindestlohneinführung gestiegen ist, erhöhen. Die Rentenanwartschaften bleiben aber bei einem Verdienst in Höhe des Mindestlohns selbst bei durchgängiger Vollzeitbeschäftigung unter dem Niveau der Grundsicherung im Alter. Abstract: The Effects of Minimum Wage on the Statutory Pension Insurance in Germany In 2015, Germany introduced a national minimum wage. Based on a simulation model and empirical data we analyse its effects on the statutory pension insurance. We will consider aggregate effects on the pension insurance system in total as well as on individual pension entitlements of employees. Our results show that the minimum wage has only negligible effects on the pension system as a whole because the minimum wage induced wage effects on the economy’s total wage bill are rather small. On the individual level, the minimum wage can help to increase individual pension entitlements. The magnitude depends on individual wage increases resulting from the minimum wage introduction. However, even continuous full-time employment at the minimum wage level will not be enough to lift individual pension entitlements above the guaranteed minimum pension level.

Determining the Minimum Wage: A Household Expenditure Approach

1996 ◽  
Vol 7 (2) ◽  
pp. 254-261
Author(s):  
D.H. Plowman ◽  
J. Taplin ◽  
J. Henstridge
Keyword(s):  
Minimum Wage ◽  
Wage Determination ◽  
Household Expenditure ◽  
Full Time ◽  
Expenditure Survey ◽  
Household Expenditure Survey

The establishment of a minimum wage, a wage below which no employer can pay able bodied full-time employees, is a common feature in most industrialised societies. In many of these societies the minimum wage is determined by government fiat. In Australia, the prevailing method of minimum wage determination has been by way of industrial tribunals. In their minimum wage role both governments and industrial tribunals need to determine minimum wage criteria as well as mechanisms for operationalising the criteria This paper proposes ‘reasonable living’ needs criteria for minimum wage determination. By analysing the Household Expenditure Survey it also suggests the amount which would constitute a ‘reasonable living’ minimum wage for labourers in Australia.

The Politics of Supporting Low-Wage Workers and Families

2014 ◽  
Author(s):  
Daniel P. Gitterman
Keyword(s):  
Labor Market ◽  
Social Policy ◽  
Minimum Wage ◽  
Income Tax ◽  
Social Insurance ◽  
Full Time ◽  
Income Support ◽  
Earned Income ◽  
Federal Minimum Wage ◽  
Hourly Basis

This chapter highlights two policies that supplement the earnings of low-wage workers: the federal minimum wage and the earned income tax credit (EITC). The need for earnings supplements arises in part from the nature of the jobs held by less-skilled, low-wage workers. Such jobs are likely to be compensated on an hourly basis, not salaried, and are less likely to be full time. A focus on the minimum wage and the EITC contributes to—and expands our understanding of—the American welfare state in two ways. First, it looks beyond social insurance and public assistance, which have been considered the main tools of social policy, to explore the importance of alternative antipoverty policies. Second, it moves beyond income support to nonworkers to focus on efforts to support individuals who areactivein the labor market.

The Economic Effects of a Citywide Minimum Wage

ILR Review ◽  
2007 ◽  
Vol 60 (4) ◽  
pp. 522-543 ◽  
Author(s):  
Arindrajit Dube ◽  
Suresh Naidu ◽  
Michael Reich
Keyword(s):  
Measurement Error ◽  
Minimum Wage ◽  
Wage Inequality ◽  
Fast Food ◽  
Economic Effects ◽  
Price Increase ◽  
Full Time ◽  
Job Tenure ◽  
Control Groups ◽  
Fast Food Restaurants

This paper presents the first study of the economic effects of a citywide minimum wage—San Francisco's adoption of an indexed minimum wage, set at $8.50 in 2004 and $9.14 by 2007. Compared to earlier benchmark studies by Card and Krueger and by Neumark and Wascher, this study surveys table-service as well as fast-food restaurants, includes more control groups, and collects data for more outcomes. The authors find that the policy increased worker pay and compressed wage inequality, but did not create any detectable employment loss among affected restaurants. The authors also find smaller amounts of measurement error than characterized the earlier studies, and so they can reject previous negative employment estimates with greater confidence. Fast-food and table-service restaurants responded differently to the policy, with a small price increase and substantial increases in job tenure and in the proportion of full-time workers among fast-food restaurants, but not among table-service restaurants.

scholarly journals Analysis of Full Time Driver Grab Income Comparison and City Minimum Wage (Case Study in Medan City)

2020 ◽  
pp. 99-109
Author(s):  
Audrey M. Siahaan ◽  
Mei Diana N. Siahaan ◽  
Victor H. Sianipar ◽  
Oloan Simanjuntak
Keyword(s):  
Minimum Wage ◽  
Comparative Method ◽  
Secondary Data ◽  
Primary Data ◽  
Full Time ◽  
Net Income ◽  
The North ◽  
North Sumatra ◽  
The City

This study aims to determine the income of fulltime Grab drivers above or below the UMK applicable in Medan City. Based on the attachment to the Decree of the North Sumatra Governor in Decree Number 188.44 / 674 / KPTS / 2019 to determine the Provincial Minimum Wage and become a reference for determining the City Minimum Wage, the 2020 Medan City Minimum Wage is determined based on the Provincial Minimum Wage reference of IDR 3,222,556.This type of research is a case study conducted in the city of Medan. This study uses primary data in the form of interviews and questionnaires. Secondary data in the form of regulations on the official Grab website. The questionnaire was given to 60 Grab drivers who were at the grab station. The data analysis method used is descriptive comparative method. The results showed that the net income received by fulltime Grab drivers was above the UMK prevailing in Medan City.

scholarly journals The Minimum Wage Campaign in Brazil and the Fight against Inequality

2015 ◽  
Vol 6 (3) ◽  
Author(s):  
Frederico Luiz Barbosa De Melo
Keyword(s):  
Social Security ◽  
Minimum Wage ◽  
Wage Distribution ◽  
Purchasing Power ◽  
Full Time ◽  
High Concentration ◽  
Effective Role ◽  
The Law ◽  
The Government

<p>This article summarises the Brazilian experience on the minimum wage campaign and the results and challenges brought by the increase in real value of the minimum wage. In 2005 and 2006, the minimum wage in Brazil underwent significant increases, and in 2006 an agreement about a long-term process to elevate its purchasing power was established between the government and the labour union centrals; in 2011 the agreement became law, defining the per cent of adjustment and real increase until 1 January 2015, and this year the law will have to be reviewed. In the last decade, Brazilian income inequality diminished, and the gains of the minimum wage seem to have an effective role in this process. After describing briefly the trajectory and legislation of the minimum wage in Brazil, the article shows how many individuals receive the equivalent of one minimum wage, either in the labour market or as a social security benefit. Some data about the wage distribution and inequality are also presented and discussed. The process of increase of the purchasing power of the minimum wage is now at risk insofar as the economy slows down since, according to the law, its gain is determined by GDP growth. Other difficulties are set by the impacts of the increase of the minimum wage over social security expenditures. The high concentration of salaries between 1 and 1.5 minimum wage and the current value of 43.4% to the proportion between the minimum wage and the median wage of full-time workers signals a stronger resistance against the long-term improvement of the minimum wage in Brazil.</p>

Japanese agricultural competitiveness and migration

2013 ◽  
Vol 10 (2) ◽  
pp. 144-158 ◽  
Author(s):  
Mitsuyoshi Ando ◽  
Kenji Horiguchi
Keyword(s):  
Minimum Wage ◽  
Farm Workers ◽  
Agricultural Cooperatives ◽  
Full Time ◽  
Farm Worker ◽  
Related System ◽  
Agricultural Census ◽  
Additional Costs ◽  
And Migration ◽  
Japanese Youth

This paper reviews the importance of foreign trainees to farmers whowant to expand their production oflabour-intensivecommodities.Local Japanese youth generally shun farm worker jobs, and Japan is generally closed to low-skilled migrants, but permits farmers, manufacturers andother employers to train and employ young foreigners for up to three years. In Ibaragi Prefecture north of Tokyo, the agricultural cooperatives that provide inputs to farmers and market their vegetables and other produce helped their farmer-members introduce foreign trainees, whoallowed farmers to expand their production andincreased cooperative sales. Trainees must be paid the Japanese minimum wage for most of the 36 months they are in Japan with the additional costs for train-related system, but they are still cheaper than full-time Japanese farm workers. Main data are coming from the statistics like Japanese Agricultural Census and interviews with coops, farmers and trainees.

Sign in / Sign up

Export Citation Format

Share Document