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Germany Proposes to Raise Minimum Wage in 2024 and 2025

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to €12.41 ($13.53) per hour in 2024, followed by a further 3.3% per hour in 2025, according to Reuters. As a result of the minimum wage increase, businesses may face heightened labor expenses, potentially leading them to transfer these costs to their customers. increase to €12.82

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Landmark EU Legislation Will Shape the Future of Ethical AI Practices in the Workforce

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The EU AI Act represents a major step in regulating AI software and tools, and it aims to promote technological progress, but not at the expense of ethical standards. The legislation is expected to come into effect at the end of May 2024, with a staggered implementation beginning in 2025.

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