Tag: wage

Britain Introduces a Scaled-Back Wage Support Plan

Mr. Sunak, 40, is in only the seventh month of the job, taking over Britain’s finances just weeks before the government shut down much of the economy to stop the pandemic. First elected to Parliament five years ago, he was more popular than Mr. Johnson throughout the summer, gathering public support from the furlough program and other measures to help the economy. But now, Mr. Sunak is beginning to scale back some of these fiscal measures.

“I cannot save every business,” he said. “I cannot save every job.”

Of course, the challenge is determining which jobs should be protected. Mr. Sunak said making companies pay for some of the reduced hours would be a signal of which jobs were viable.

But new restrictions imposed this week to close bars, pubs and restaurants at 10 p.m., delay plans to reopen events with large crowds of spectators, and encourage office workers to

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Business leaders welcome child-care strategy and wage subsidy extension

In its throne speech Wednesday, the Liberal government promised to extend the pandemic wage subsidy, create a million new jobs and establish a national child-care strategy, signalling a shift toward longer-term support for Canadian business that was welcomed by business leaders.

Two of the more popular announcements with the business community included the extension of the wage subsidy into summer 2021, as well as the promised expansion of the Canada Emergency Business Account, which currently provides interest-free loans of up to $40,000 to small businesses and not-for-profits, with a certain part being forgivable.

Trevin Stratton, chief economist with the Canadian Chamber of Commerce, said he was pleased by the promise of a comprehensive child-care and early learning system, which he says will help get women, who have been hardest-hit by job loss, back into the workforce.

Recent data shows that women, especially marginalized women, have suffered higher levels of job

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Tipped workers, business owners to address wage proposal

LAS CRUCES – The city council will hear from business owners this morning, as well as from tipped workers like restaurant servers, in response to Mayor Ken Miyagishima’s proposal to temporarily lower the tipped wage in Las Cruces.

Most city councilors have said they’re opposed to the mayor’s idea to temporarily reduce the city’s tipped wage from $4.20 next year to $2.55 an hour, to match the state wage. The mayor has said it could help ease the burden on restaurants struggling to survive under capacity limits imposed due to the COVID-19 pandemic.

Because it’s a work session, no official action can be taken by the council.

You can follow along live here. Refresh the page every few minutes to see updates.

8:40 a.m. The city will also be broadly discussing the upcoming minimum wage increase in 2021, which includes the tipped wage. Because the state’s increase will be higher

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Majority of business leaders agree the federal wage subsidy is a sound investment in Canada’s economic recovery: KPMG in Canada poll

While leaders split on who should receive the temporary subsidy, digital investments seen as priority in adjusting to pandemic realities

TORONTO, Sept. 21, 2020 /CNW/ – A majority of Canadian business leaders surveyed (76 per cent) believe the recently redesigned Canada Emergency Wage Subsidy (CEWS) is a good investment to get Canadians back to work and help the economy rebound, finds a new client poll by KPMG in Canada. 

KPMG Logo (CNW Group/KPMG LLP)

“Our clients have told us that the federal wage subsidy program is helping them not only to retain their employees, but also to cope with pandemic-related costs and rehire workers who have been laid off,” says Lucy Iacovelli, Canadian Managing Partner of KPMG’s national Tax practice. “While there has been an upturn in the economy, many Canadian business leaders are still uncertain about what the coming months will bring, and welcome continuing support

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Most Las Cruces city councilors oppose mayor’s tipped wage proposal

Michael McDevitt, Las Cruces Sun-News
Published 9:59 a.m. MT Sept. 20, 2020

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Sign at Thai Delight de Mesilla encouraging customers to tip servers. The restaurant will remain only offering curbside pick up options even as state orders allow them to open for inside dining at 25% capacity. (Photo: Veronica Martinez)

LAS CRUCES – Before a work session is held on the mayor’s proposal to reduce tipped wages in an effort to help businesses weather reduced capacities due to coronavirus, most city councilors have said they oppose or likely oppose the idea.

A special city council work session, during which no action can be taken, will be held Sept. 22 to hear from business owners and tipped wage workers, such as restaurant servers. But the proposal may never reach a vote.

Mayor Ken Miyagishima said it’s not currently on any city council agenda in the coming weeks, but how the

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Startup Immediate speeds earned wage access via Visa’s push payments

Immediate will use Visa Direct to provide real-time access for employees to collect earned, but not yet paid wages before scheduled payday.

The Birmingham, Alabama-based startup offers lower costs alternative to payday loans. According to The PEW Charitable Trusts, 12 million Americans borrow from payday lenders each year and spend more than $7 billion on payday loans. Immediate works through employers, integrating with a company’s time and tracking payroll software in order to determine the wages an employee has accrued during a payroll cycle. Immediate has built integrations with ADP, Kronos, Paychex, Paylocity, UltiPro, Prism HR, as well as other payroll platforms.

While many EWA providers such as PayActive set a limit, such as $500, on how much an employee can access early, Immediate works with each individual employer to set customized limits.

The employee can access and request wages by using the company’s mobile app called ImmediatePay. Any eligible

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Las Cruces City Council to hold work session on tipped wage proposal

Michael McDevitt, Las Cruces Sun-News
Published 4:53 p.m. MT Sept. 15, 2020

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Las Cruces City Hall (Photo: Courtesy)

LAS CRUCES – The Las Cruces City Council is asking business owners and employees to chime in on the city’s minimum wage at a Sept. 22 work session. The announcement comes a day after Mayor Ken Miyagishima suggested a temporary decrease in the minimum wage for tipped employees citywide.

The work session is scheduled to be held Tuesday, Sept. 22 from 8:30 a.m. to 10 a.m. via Zoom video chat. The first 20 people from the business owner community who sign up will be allowed into the video conference to give their thoughts on the city’s minimum wage.

Interested owners should contact Annette Granado by phone at 575-541-2076 or email her at agranado@las-cruces.org. The work session will be televised on Comcast cable channel 20, and online at clctv.com and on YouTube

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Aurora mayor spars with council member over proposal to raise minimum wage to $20 an hour

AURORA, Colo. — There’s no question Colorado is an expensive place to live. So expensive, an Aurora City Council member recently proposed raising the minimum wage to $20 an hour.

But, businesses say they can’t bear the cost of such a dramatic wage increase, especially as the coronavirus pandemic has slashed demand and interest in restaurant dining and retail shopping.

When Sanjeev Kanherkar and his wife opened the Great Greek Mediterranean Grill directly across from Children’s Hospital in Aurora, they had no idea they would be shut down just one month later.

“We opened this place on February 15th of this year,” Kanherkar explained from the somewhat empty dining room of his brand new restaurant. “And to kind of add salt to the wound, our financing was also denied by the bank because of the COVID crisis.”

His first year has been anything but smooth.

“And even now, are

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