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...

About 100,000 nurses in the United Kingdom went on strike for the first time ever due to salary issues

Despite warnings that it could put patients at risk, nurses in the United Kingdom mounted a historic one-day strike on Thursday in an effort to gain better pay and working conditions.

The RCN's strike is just the most recent in a series of walkouts by workers in the private and publ...

Due to a last-minute salary agreement, a two-day boycott on board Lufthansa was avoided

Lufthansa pilots vowed to go on strike once more this Wednesday and Thursday over salary earlier today.

However, a last-minute wage agreement has prevented the two-day strike.

The largest airline in Germany would have seen its second strike in a week if the walkout had taken p...

Salary Hero, based in Thailand, is a startup that seeks to expand into neo banking

Salary Hero aims to provide more financial flexibility to lower-income Thai workers. The firm, which focuses on earned income access and financial education with hopes to expand into neo banking, revealed today that it has raised $2.8 million in funding. Global Founders Capital, M Venture Partner...

JAPAN GOVT. TO ALLOW COMPANIES TO PAY SALARIES DIGITALLY

Highlights –

• Japan govt. to allow companies to pay salaries digitally.
• The labor ministry has proposed the plan during a meeting.
• The ministry will identify who among the digital salary payment service providers can transmit the funds...

RBI IMPOSES 30 DAY MORATORIUM ON YES BANK: WITHDRAWAL CAPPED AT 50K

Highlights: 

• Yes bank has been declining due to bad loans, steadily 
• RBI ultimately takes over Yes bank 
• Yes Bank on a month-long restriction 
• Restructuring and resurgence of the bank being planned 
...

EASTAR JET REDUCING EMPLOYEE SALARIES BY 30% AMID COVID-19

Highlights –

• Eastar Jet losing business
• Reducing employee salaries by 30%
• Temporary measures till June 2020.

The effects of COVID-19 continues to strike the South Korean business industry. According to Eastar Jet, S...

DOES CHANGMAO’S CEO SALARY SHOW PERFORMANCE?

Highlights

• Chun Pan, CEO Changmao, takes less all-out remuneration than the CEOs of most comparative size organizations
• Benefits stakeholders

At times during the regular operations of the business, the owner realizes that the busines...

Abu Dhabi issues a resolution for revised salary scales

A new resolution has been issued by the Abu Dhabi Executive Council for Abu Dhabi Government employees regarding their new salary scale, grading, and allowances.

The Executive Council issued a statement that stated that the government employee pensions will increase significantly to enh...