recently tweeted the following chart: It illustrates the after-tax value of the hourly minimum wage, in US dollars, in the OECD countries that have instituted one. Australia and Luxembourg lead ...

This data shows hourly minimum wages in each country from 2013. The currency is converted into U.S. dollars using the OECD's purchasing power parity calculation. Finland, Sweden, Denmark ...

When I began recruiting local staff, I was startled to learn that the minimum wage was more than 1,500 yen ($10.60) per hour. At that time, the minimum wage in much of Japan was less than 800 yen.