Due to economic and social activities, the average salaries and wages received by employees increased by 3.5% last year.
Providing more flexibility and time off are some of the ways Google is using to lure staff back to the office.
PM Fumio Kishida is asking employers to increase pay to keep up with inflation during wage negotiations next spring.
31% of Generation X workers in Singapore between ages 42 and 57 are worried about losing their jobs if they fail to keep up with digital transformation.
First piloted by the Health Promotion Board in 2019, the programme will now cover another 7,000 workers by 2024.
Despite this, the gender wage gap between men and women remains significant, with last year’s average wage for women being about 45% lower than men’s.
Asia Pacific is expected to see wages rise next year due to a tight labour market and rising inflation concerns.
Increasing wages too rapidly will negatively impact Singapore’s global competitiveness, cautioned Singapore’s Finance Minister.
To ensure women in the workforce are paid fairly, the government has also been urged to make pay gap reporting mandatory.
More must be done to inncrease female labour force participation, which is crucial to boost economic growth, says the IMF.
After an annual rise of 10.6% in 2022, which is the highest in the world, salaries in India are expected to increase by 10.4% in 2023.
The government has been urged to develop a gig economy framework or high-value partnerships to ensure that gig workers receive appropriate guidance.
Instead of multi-employer bargaining, the Australian government has been urged to increase productivity to raise wages.
As organisations face challenges in retaining talent, the Good Work Framework by the World Economic Forum provides strategies to overcome these issues.
Citing the many challenges of managing informal workers, many companies in India are looking to formalise their workforce.
A social safety net for private sector workers after 60 has been proposed by Malaysia’s Human Resources Minister Datuk Seri M Saravanan.
House Bill 615, also known as the Freelance Workers Protection Act, was unanimously adopted by the House labour and employment committee.
Australian Prime Minister Anthony Albanese has been urged to focus on paid parental leave and pension entitlements.
On average, women are paid about 20% less than men worldwide, primarily due to gender-based discrimination.
By the next fiscal year, companies may be allowed to digitally pay their employees’ wages to their cashless accounts.
Despite holding attributes to be successful, women have been paid less than their male counterparts over the last five years.
An amendment to the Labour Protection Act has been proposed to abolish temporary and daily employment and upgrading the status of workers.
More than 170 HR and business leaders discussed topics like modern HR mindsets, flexible work and employee wellbeing at HR Leadership Series: Live.
At a time of talent shortage, several companies are giving off-cycle promotions to eligible employees as they attempt to hold on to experienced staff.
The Sharing Economy Committee (SEC) will train and verify gig workers, as well as create job placements in high-value jobs.
Taking effect from January 1 next year, the monthly minimum wage will be raised to NT$26,400 (US$855) and the basic hourly rate to NT$176 (US$5.7).
The employment rate for women in South Korea was at 51.2% last year, which was 18.8 percentage points lower than the male employment rate.
Since 2021, the number of workers switching jobs dropped 310,000 to 2.9 million, marking a fall for the second consecutive year.
Among small business employees, only 9.6% were paid extra for extended working hours and only 13.2% had annual leave provision.
The government has been urged to create better paying jobs for employees aged 15 to 30, who earn the lowest wages in the country.