The minimum wage hike is set to increase the incomes of some 175,500 citizens who work 40 hours per week.
The central government has approved more than 5.2 million claims and disbursed Rs133 billion (US$1.8 billion) to formal sector workers.
Under an income relief scheme, some S$1.8 billion in contributions have been made to help those in need tide over the pandemic.
A new compensation initiative aims to protect gig economy workers injured or killed while working,
The nation’s wage subsidy programme aims to help businesses affected by the COVID-19 pandemic to sustain companies and lower retrenchment.
Home care workers and after-school tutors will receive a payout, which will be drawn from a dedicated donations fund.
The Delhi government is set to launch a programme designed to attract startups to the capital city, with a 150-arce hi-tech business park to be built.
The maternity leave pay is to be calculated at four-fifths the daily average of the wages earned by the employee.
Prime minister Tan Sri Muhyiddin Yassin has launched MalaysiaBiz – a one-stop government portal that aims to streamline the setting up of businesses.
More than 17,000 businesses in New Zealand have voluntarily repaid NZ$524 million in subsidies.
The tourism subsidy package will run until Jan 31 next year, while a separate co-payment scheme will end on Dec 31.
Japan’s cabinet has approved a third round of fiscal stimulus of about 73.6 trillion yen (US$706 billion) to deal with the economic impact from the pandemic.
The financing will have a tenure of up to 7 years, and a repayment moratorium of at least 6 months.
The subsidy scheme covers part of leave allowances firms pay to furloughed workers, subsidising up to ¥15,000 (US$144) per day.
The Public Service Division (PSD) has announced that civil servants will not get any year-end bonus.
Lifting minimum wages has an inequality reducing effect, although there may be adverse company-level impacts in the short-term.
The top 10 countries expected to see the largest real salary increase are from the Asia-Pacific region.
The third supplementary budget is expected to be more than 20 trillion yen (US$192 billion), and include measures to help small businesses.
The HK$5,000 (US$645) handout will only cover residents such as freelancers, taxi drivers, and the self-employed.
University grads working in big firms take home an average of US$29,744 annually.
Thought leaders like Jason Averbook and Josh Bersin will join speakers from ADP and Microsoft in discussing some of the key challenges facing leaders .
The government has announced another Rs1.2 lakh crore (USD$16.1 billion) to stimulate the economy, focusing on job creation and private businesses.
While the economy continues to recover, bonuses for public servants is expected to be lowered for the first time in a decade.
This ratio is lower among female, non-regular, and low-income workers.
The tax relief package is expected to benefit over 11 million Australians. as the country attempts to recover from the pandemic.
Unions in Australia unions are evaluating if more protection would be needed so that workers do not face discrimination or loss of pay and benefits.
The Malaysian government has assured the 2,647 retrenched staff of Malindo Airlines that they will receive due compensation and retraining.
Thailand’s NSF, a voluntary pension fund, has signed an MoU with Grab to recruit more members. while planning for their retirement.
Public and private companies in India are giving out bonuses to their employees for the upcoming festival of lights.
More support will be provided to SMEs in the country to cover operational costs and increase hiring.