According to the leader of Japan's largest labor organization, the year 2023 will be a watershed year for salaries.

According to the leader of Japan's largest labour union, this year is crucial for the Japanese economy to shift away from decades of deflationary thinking toward sustainable real wage growth. First female leader of the Japanese Trade Union Confederation, or Rengo, Tomoko Yoshino, has emphasiz...

Focus of Australian jobs conference is on immigration and wage growth.

As per the Prime Minister Anthony Albanese pushed for the compromises between companies and unions to address the major economic difficulties facing the nation, skilled migration and wage growth are expected to take Lead Role at the Australian government's jobs conference.

On Thursd...

The USA Oil and Gas Average Wages Through the Years

According to the recently published latest, which also happens to be the seventh, energy report from Texas Independent Producers and Royalty Owners Association (TIPRO), during 2021 the U.S. oil and natural gas sector made a payment of an average of $115,166 for the national annual wage.  

A surge in Omicron Disrupts Hopes of Wage Growth in Australia

Economists in Australia believe that Omicron will be a major hindrance to increased wages this year. They believe that the rise in the number of Omicron cases will affect the country’s economy even more. Although the labor supply has declined during the pandemic, there has been no spike in ...

UBER TO GIVE ITS DRIVERS PENSION, MINIMUM WAGE AND HOLIDAY PAY IN UK

Highlights:

• The company Uber is going to give the drivers pension, minimum wage and holiday pay in United Kingdom
• The company has made this announcement after it lost an appeal at the Supreme Court of UK in last month

The company Ube...

DEMOCRATIC SEN. KYRSTEN SINEMA NOT IN FAVOR OF $15 MINIMUM WAGE, VOTES AGAINST IT

Highlights

• Kyrsten Sinema voted against a measure to raise the federal minimum wage to $15 per hour by dramatically showing thumbs-down to the Senate clerk on Friday

• Reacting to the dramatic incident, an adviser to Democrat Julian Castro made a tweet attached wit...

S. KOREA HOUSEHOLD INCOME FALLS IN Q4 OF 2020 DUE TO PANDEMIC

Highlights –

• S. Korea household income falls in Q4 of 2020 due to pandemic.
• In the Oct-Dec period the average household earned $4,670 per month in 2020.
• In 2020, the wage income fell 0.5 percent and income from business operations by ...

KIA MOTOR UNION WORKERS AGREE TO ACCEPT NEW THE ANNUAL WAGE DEAL

Highlights –

• Kia Motor union workers agree to accept the new annual wage deal.
• The company has also agreed to restore the 25-minute extra work system.
• Around 58.6 percent of the union workers agreed to the management’s proposals...

GM ISSUES STERN WARNING THAT LABOR UNREST COULD ABRUPTLY END ITS STAY IN SOUTH KOREA

• General Motors (GM) of the United States has passed a stern warning to the GM Korea Labor Union that the company could evacuate from Korea if the union continues its strike action.
• GM Korea union fighters have been enforcing partial lay-offs daily since Oct. 30 to meet their de...

GM KOREA TO RETHINK FUND INFLOW IN MAIN PLANT AMIDST ONGOING STRIKE

• GM Korea Co., the South Korean unit of General Motors Co., said Friday it will weigh its decisions and reconsider investing in its main plant as its union continues to strike for higher wages.
• GM Korea will mull over making an investment in the company's No. 2 Bupyeong plan...

SINGAPORE TO EXTEND ITS JOB SUPPORT SCHEME, SAYS HENG SWEE KEAT

HIGHLIGHTS

• Singapore extends its wage subsidy worth S$8 billion.

 The previous seven-month scheme of JSS (jobs support scheme) has stretched a little ahead now as announced by Heng Swee Keat. The new scheme has promised to hire people from...

UK: 730,000 JOBS ARE LOST AND WAGES ARE DROPPED DURING THE COVID-19 PANDEMIC

Highlights:

• The economy of United Kingdom has dropped around 730,000 jobs due to the corona virus pandemic
• The Office for National Statistics said that, there was a record drop in the number of workers

The economy of the United Kingd...

WAGE SUPPLEMENT CUT WILL PUSH AUSTRALIANS INTO POVERTY

HIGHLIGHTS

• · Morrison government announced a cut of $150 a week in jobseeker program. This has raised eyebrows among the experts who have calculated the impact of it on the people.  

According to the Australian Institute, due t...

JAPANESE GOVERNMENT DECIDES TO CONTINUE WITH THE SAME MINIMUM HOURLY WAGE

Highlights –

• Japanese Government decides to continue with the same minimum hourly wage.
• Report showed that there would not be any substantial hike in the regional hourly wage.
• The new minimum wage for fiscal 2020 is expected to be ap...

Australian and New Zealand B Corps

Research states that Australia and New Zealand might be the best place to invest in B Corps. B corps here have the fastest growing per capita income. The increase in these organizations has been 7 times since 2014 and currently, 270 B Corps are operating in Australia and New Zealand with most ope...

Wingstop CEO wagers on promoting, computerized and conveyance in the wing chain's bright future.

Wingstop is relying on its promoting, advanced and conveyance procedures to help control during some other time of same-store deals development, CEO Charlie Morrison told CNBC on Wednesday. The eatery network is moving toward its sixteenth back to the following year of favorable comp deals, he sa...

Ford and UAW

The United States has been an essential name in the auto industry as it has always been a hot market and a very sales friendly and profitable one to the car makers all over the world. But the local carmakers of the United States have seen some significant issues as the worker’s workers stri...