Comment on WORLD BANK: Workers should ditch minimum wage to compete with robot labour

WORLD BANK: Workers should ditch minimum wage to compete with robot labour

Getty Images The World Bank has suggested employers should be able to opt out of paying minimum wage, in a draft report released Friday. It recommended that labour markets should be further deregulated, creating more flexible employment. Owen Tudor, Head of International Relations at the International Trade Union Committee said the World Bank could be spreading an “equality of misery” with the proposals. LONDON — The World Bank has suggested that employers should be able to opt-out of paying minimum wage, and has recommended reduced worker rights to make humans more cost-competitive with machine labour. The Bank’s World Development Report (WDR), released on Friday, outlines proposals for the future of work which have outraged international labour organisations who called them "bizarre” and “troubling".

 

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