wages council


Also found in: Financial.

wages council

n
(Industrial Relations & HR Terms) (formerly, in Britain) a statutory body empowered to fix minimum wages in an industry; abolished in 1994
References in periodicals archive ?
Apart from making radical changes to ensure such benefits and compensation to dependents, along with parents, of workers, the new policy's guidelines say minimum wages will be replaced with 'real wages' for which a Minimum Wages Council will be established to determine minimum wages for skilled and unskilled workers.
In Chapter 3, the author gives a comprehensive overview and critique of the National Wages Council (pp.
When I was seaman and my wife was a hairdresser, our salaries were covered by Wages Council regulations, so we depended on our personal tips from customers.
He conveniently forgets that the Tories opposed the minimum wage and abolished the wages council which provided a safety net for millions of low-paid workers, not only on pay but terms and conditions of employment.
CAIRO: Egypt's National Wages Council approved earlier this week a LE 700 minimum wage for private sector employees, effective January 2012, state media reported.
The Central Minimum Wages Council made the recommendation to Health, Labor and Welfare Minister Yoichi Masuzoe.
Those were the days when the Wages Council offered some protection.
It indeed studied a number of Wages Council industries.
For a panel of Wages Council industries in the 1970s and 1980s Machin and Manning (1994) regress the log of wage dispersion on a measure of the toughness of the minimum wage system (the log of the ratio of minimum wages to average wages), a time trend, aggregate GDP growth, and dummy variables indicating whether or not the Council is for females or manuals (vis-a-vis males or non-manuals).
Using data on Wages Council coverage from the United Kingdom New Earnings Survey, the authors examine the impact of mandated minimum wages on wage dispersion and employment in the United Kingdom in the 1980s.
It will be much more advisable to refer the matter to a National Minimum Wages Council which should delineate over all aspects of the matter before coming up with a uniform minimum wage.
The decision by the Central Minimum Wages Council effectively means minimum wages should be left unchanged.