Measures being considered to support the budget include companies and workers paying premiums to a child insurance system.
The upcoming Labour Party summit will discuss these topics, potentially paving the way for reforms such as wage theft legislation.
Higher pay, more job fulfilment and wanting to be “truly themselves” at work are the factors pushing workers to change jobs, a survey has highlighted.
The most common reason new graduates gave for leaving a job within three years was that the “job was not a good match” (40.1%), according to a survey.
An integrated Micro, Small, and Medium Enterprises (MSMEs) database is being created to link ministries, institutions, and regional governments.
A survey, which covered 81 firms with 500 or more workers, found that 26 of the firms had their earnings returned to pre-pandemic levels.
The average salary of China's urban employees in the non-private sector topped 100,000 yuan (US$14,929) for the first time.
A new report by Achievers explores how organisations can create a culture of recognition to drive organisational success.
In Metro Manila, the revised minimum wage rate will be effective June 4, while the new wage rate will take effect on June 5 in Western Visayas.
Support is planned for female small and medium enterprise (SME) entrepreneurs who require financial and competency advancement to develop.
Josh Bersin provides insights into how organisations can review their hiring practices and make better hires to improve their workforce.
Work-life balance is the most important factor for Korea’s MZ generation (Millennials and Generation Z), according to Korea Enterprises Federation (KEF).
Companies in the province would be reimbursed for 50% or 80% of the social insurance paid to women who have a second child or a third child, respectively.
The gap between inflation and workers’ pay rises meant workers were on track to be A$4,000 worse off on average this year in real terms.
Malaysia's Parliament has amended the Employment Act, which will extend the three-day paternity leave to seven days.
So far, the wage boards of Metro Manila and Western Visayas have approved the minimum wage hike in various sectors.
This, Indonesia, believes, is a necessary move to protect all stakeholders in meeting the challenges of a changing world of work.
The Cabinet has endorsed the supplementary budget worth 59.4 trillion won (US$46 billion) in its first meeting under the Yoon Suk-yeol administration.
SMEs have now indicated a willingness to accept the government’s decision on minimum wage increases due to a serious labour shortage and rising prices.
The Australian Industry Group has urged the Fair Work Commission to adopt a “cautious approach in adjusting wages”.
The scheme subsidises the wages of some 1.2 million workers up to HK$8,000 over the months of May, June, and July.
To mitigate the effects of rapidly rising inflation, a major Australian union is calling for the minimum wage to be increased by 5.5%.
The subsidies were key in helping the economy recover from the impact of the pandemic, said the Minister for Social Development and Employment.
These include gender pay equity, improved career options, improved parental leave, and elimination of sexual harassment.
The Ministry of Manpower has said employers are obligated to pay wages to workers who work overtime during national holidays.
The SME Association of Malaysia has cautioned that businesses may shutter or cut manpower if the costs of basic wages are too high to shoulder.
A sense of fulfilment and work-life balance matter more than salary when picking a job, said respondents to a recent survey.
The minimum wage revisions show the commitment of workers and businesses to overcome difficulties together, said the International Labour Organisation.
The Manpower Ministry is preparing a more accurate, targeted scheme for the wage subsidy programme (BSU) for low-income formal workers.
The labour force has been recovering gradually since 2021, and a stronger recovery is expected this year, said the finance minister.