Organisations in Japan urged to consider wage hikes exceeding 4%
As inflation outpaces the highest pay hike in 31 years, Japanese labour unions demand substantial wage increases in the coming year.
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Employers in Singapore prepare salary raise to attract and retain talent
With many organisations expecting a lack of skilled candidates in 2024, many are preparing more attractive pay packages for aspiring applicants.
More employees in the Philippines seek secondary employment
60% of employees in the Philippines are taking on part-time work, as the economic downturn reshapes spending habits and financial priorities.
Rising salaries projected in multiple job sectors in India
With more organisations looking to hire in 2024, employers across many sectors in India can expect to see wage increments in the new year.
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Organisations using improved remuneration to retain best talent
To keep their workforce motivated to stay, many organisations in Japan raised wages for their employees in 2022.
Employers in Singapore urged to offer financial support to employees
Besides a one-time payment, employers have also been encouraged to implement a 5.5% to 7.5% salary increase for lower-wage employees.
Middle-income employees in Singapore saw fastest salary growth
Employees who switched to productive firms doubled their income, while those who stayed in less productive firms saw salaries increased by 50%.
Narrowing Singapore’s wage gap and promoting lifelong learning
The Forward Singapore report has advocated respect and fair compensation for every job and a lifelong learning culture for all employees.
Pay hikes in 2024: What do employers have on the horizon?
With 2024 on the horizon, many organisations have to start thinking the level of pay raise needed to keep employees happy.
Australia moves to boost economic equality for women
A working plan aims to reduce barriers for women in the workplace by providing opportunities to assume leadership positions and improve earning power.
New wage hike in Filipino region met with disapproval
A new wage increase, which looks to raise salaries by P30, is not enough to provide relief to employees in Western Visayas, say critics.
Employees in Australia receive nearly AU $500 million of lost wages
The large amount of money recovered is testament to efforts to create a culture of accountability and compliance, says the Fair Work Ombudsman.
Surging salaries in Hong Kong outpace cities in Guangdong province
High salary growth in Hong Kong is sparking turnover concerns and is foreshadowing a competitive year ahead for many organisations.
Japan’s labour union pushes for pay hike in 2024
A 5% salary hike should be a bare minimum and better-performing firms should pay their employees more, said the country’s largest labour union.
Delhi sees rise in monthly minimum wages for unskilled employees
Employees working in the state capital are now some of the highest-earning in the country, according to the Delhi state government.
Creating a more inclusive workplace for unpaid caregivers in Australia
A new initiative looks to help employers better support employees who also have caregiving responsibilities alongside their paid jobs.
Malaysia government encourages private sector to raise salaries
Malaysia’s private sector, despite experiencing strong profits, is urged to mirror the government’s action and uplift employee salaries.
South Korea sees a rise in job growth and a fall in unemployment
South Korea saw its employment rise for the second consecutive month this year, with a 1.1% increase in employment from the year before.
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Malaysia aims to improve employee compensation through wage policy
The progressive wage model will help drive employment and ensure renumeration improves for skilled employees, says Malaysia’s HR Minister.
Some employees in Japan reluctant to take leave even after encouragement
Deeply entrenched traditional beliefs in Japan that colleagues are inconvenienced are discouraging some employees from taking annual leave.
Why Malaysia is adopting a progressive wage policy
A progressive wage policy will ensure employees are fairly rewarded for their contributions, suggested Malaysia’s Economy Minister.
Thailand’s contract employees demand equal working benefits
Labour groups in Thailand are supporting contract employees who want an end to short-term contract employment due to unequal treatment.
Employees in Myanmar see wages raise this October
To help employees cope with raising costs of living, Myanmar has raised the minimum wage for the first time since 2018.
Employers in the Philippines wary of wage hike’s cost impact
Employer groups argue that attracting investments and creating jobs instead of raising wages is a better strategy.
What organisations can do to bridge Australia’s gender pay divide
While top organisations have been successful in reducing pay gaps, disparities remain in the mining, retail, and professional sectors.
Wage hikes will be sustainable for businesses: Japanese PM
The Japanese government is focused on accelerating wage growth and has vowed more support to help businesses cope.
Proposed minimum wage hike in Thailand receives backlash
Economists and employer groups are cautioning that an excessive minimum wage raise will be detrimental for both employers and employees alike.