Argentina's central bank now lets companies pay salaries in US dollars, into payroll accounts where the dollars pile up indefinitely at no cost to the worker. The move activates a labor-reform change that rewrote Argentina's employment contract law to permit wages "in national or #Argentina #Finance #LaborReform #AR #US
The government really wants a labor reform to "stimulate economic growth." If they started by applying the reform to politicians and the political system, we might be governed much better. (translated)
The Italian government has introduced the "fair salary" initiative through the new Primo Maggio decree, aiming to combat low wages and contractual dumping by strengthening collective bargaining, providing tax incentives for hiring young people and women, and implementing measures for workplace safety and transparency, while avoiding a legal minimum wage and requiring companies to improve employment conditions. #LaborReform #CollectiveBargaining #EmploymentPolicies #IT
Raising the minimum wage and reforming the hukou system is essential for Chinese workers to reduce their long working hours, form families, and stimulate the country's internal consumption model, which is critical for achieving stronger economic growth and societal stability. #MinimumWage #LaborReform #ChinaEconomy #CN #BR
South America is currently experiencing profound contrasts in labor legislation, as Argentina's judiciary has approved significant changes allowing for 12-hour workdays under Javier Milei's reform, while Brazil is discussing a constitutional amendment to eliminate the 6x1 work schedule, reflecting differing approaches to labor modernity versus protection across the region. #LaborReform #WorkplaceRights #EconomicPolicy
