#Wages

.Washington D.C., DC, USA
The salary hike for employees will take place by 2025. (Representative Image: Unsplash)

  • Bank of America will require US vendors to pay employees at least $15 an hour
  • In March 2020, the giant US bank lifted its minimum wage to $20 an hour
  • The announcement is the latest to lift wages amid a tightening labour market

Germany is Amazon's second largest market in the world after the US. (Photo Credit: Representational image/Unsplash)

  • The union said the sites in Rheinberg, Werne, Koblenz, Leipzig and two other locations have unofficially agreed to the talks
  • Amazon in Germany has found itself embroiled in longstanding battles over better pay and work conditions since 2013
  • The e-commerce giant said that during its previous strikes, about 90% employees went about their tasks in a usual manner

.Washington D.C., DC, USA
The Department proposed to delay is in accordance with the Presidential directive. (Photo Credit: AP/PTI)

  • The Biden Administration has proposed an 18-month delay in calculating prevailing wages of H-1B  and other visas
  • The delay will provide the administration enough time to consider the rules
  • The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers

.Washington D.C., DC, USA
Bernie Sanders is an Independent Senator from Vermont (Photo Credit: Twitter/@BernieSanders)

  • The vote ended on a 42-58 divide with eight democrats voting against it
  • Sanders vowed to not give up on the bill and bring it up again
  • Senator Sinema from Arizona made a gesture while casting her vote which attracted critcism

.Washington D.C., DC, USA
US Vice President Kamala Harris voted in favour of discussing the bill (Photo Credit: Twitter/@KamalaHarris)

  • Kamala Harris broke the stalemate vote in the Senate
  •  GOP Senator Lisa Murkowski voted against the discussion of the bill
  • The 628-page-bill is being read out in the Senate on the appeal of Senator Ron Johnson

.Washington D.C., DC, USA
US President Joe Biden proposed revised minimum wages in the US (Photo Credit: Twitter @JoeBiden)

  • The plan aims to increase the minimum wages in the US to $15 per hour by 2025
  • Supporters of the policy say that this is an essential step to tackle the income gap in the US
  • On the other hand, critics claim that the revision will cause damage to small businesses 

Pope Francis cuddles a baby as he exchanges holidays greeting with Vatican employees on Monday. (Photo Credit: AP/PTI)

  • The Pope recognised the struggle of people during the pandemic
  • The Vatican has been paying full time wages to everyone throughout the pandemic
  • He called the social injustice, inequality and marginalisation a 'larger virus' 

.Karnataka, India
Security personnel stand guard outside Wistron Infocomm Manufacturing India in Bengaluru. (PTI Photo)

  • Authorities assured to protect the rights of those impacted 
  • Damage was reported to be between 100-200 million New Taiwan Dollar 
  • Over 150 arrests were made for the violence on December 12 

.United States
Good news for Starbucks employees amid the pandemic crisis(Photo Credit: Unsplash)

  • The hike is taking effect from December 14
  • It benefits servers and shift supervisors who were with the company on or before September 14
  • Several states, including New York, California and Maryland, have already raised the minimum wage to $15 an hour