Browse Tag

wages

Bank of America Increases US Minimum Hourly Wage to $25 by 2025

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The FINANCIAL -- Bank of America announced it will raise its U.S. minimum hourly wage to $25 by 2025. In March last year, the company raised its U.S. minimum wage to $20 per hour.…

Construction Cost Index increased in Georgia

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The FINANCIAL — National Statistics Office of Georgia published data of Construction Cost Index in Georgia (II Quarter 2020). The Construction Cost Index increased in 2020. Compared to the second quarter of last year the Construction Cost Index increased by 2.1 percent. The latter was largely caused by the increase in the prices for construction materials.…

The average monthly nominal wages in Georgia decreased

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The FINANCIAL — National Statistics Office of Georgia published data of Average monthly nominal earning of employees (2020, II quarter). In the II quarter of 2020, the average monthly nominal earnings in Georgia decreased by 2.5 percent (29.6 Gel) compared to the same quarter of the previous year and amounted to 1 150.1 Gel. In the II…