The news that fast-food workers in New York State are likely to see their hourly pay rise from a minimum of $8.75 (£5.65) to $15 (£9.69) has sent shock waves though America. But will this unprecedented sector-specific pay increase be followed elsewhere around the world? I have previously considered the impact of the recommendation of the Fast-food Wages … Continue reading
Is the introduction of a standard minimum wage always bad for business? Studies can argue either way, but the long term social and cultural impact of a minimum hourly rate can be seen in nearly all developed countries. The teething pains can be acute, however, especially in the service sector. On a global level, the right … Continue reading
The systematic theft of up to $10million a time has resulted in a reported 100 banks being stung across 30 countries worldwide. Kaspersky Labs has said that a ‘professional’ hacking group has used basic phishing style techniques to infiltrate banks in Russia, the US, China and the UK, watching and waiting for months before taking … Continue reading
Should law firms charge clients a service tip to help top up the income of law students and impoverished trainees? muses Kevin Poulter over his ice cream sundae I’m writing from America, where solicitors are attorneys, lawyers are litigators and murder is homicide. It is the capital of consumerism. It is also home to some … Continue reading
