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.
The extension by the Hong Kong Mortgage Corporation (HKMC) comes amid rising unemployment and recession due to COVID-19.
At the recently concluded virtual US HR Tech Conference 2020, industry leaders explored the challenges of 2020 and the opportunities to come.
The latest announcement by comes as the ailing airline continues to struggle against the backdrop of the COVID-19 pandemic.
Speaking with HRM Asia, ADP's Peter Hadley explains how organisations should approach people leadership, payroll and technology in order to be successful beyond the pandemic.
The Cambodian government’s projection contradicts that of the IMF’s, which expects the Cambodian economy to contract by 2.8% in 2020.
The latest tranche of payouts in the Jobs Support Scheme is designed primarily to help employers pay the wages of about 1.9 million local employees.
SMEs can receive up to a maximum of RM$5,000 to support their investment in digitisation, as Malaysia looks to speed up digital transformation.
The Ministry of Manpower also reported that 9,000 opportunities were offered in the same period.
New measures announced by the Malaysian government will help preserve more jobs, says the SME Association of Malaysia.
The latest injection of cash aid by the Thai government aims to boost the economy and preserve jobs.
New measures by the Hong Kong government include the raising of loan caps for SMEs, as well as an extended repayment period.
More than A$3 billion has been earmarked to help businesses in the Australian state of Victoria overcome the impact of COVID-19.
The MOM is stepping up their scrutiny and enforcement actions against employers in Singapore who blatantly practise discrimination.
Both workers and businesses will benefit from the stimulus programmes introduced by the Indonesian government.
The three most common cost-cutting measures are adjustments to monthly salary components, no-pay leave and shorter work weeks.