South Korea approves US$46-billion budget to help COVID-hit businesses
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.
More Japan employers open to minimum wage hike
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.
Employers in Australia warn against further minimum wage raise
The Australian Industry Group has urged the Fair Work Commission to adopt a “cautious approach in adjusting wages”.
Some 140,000 employers sign up for Hong Kong government subsidy
The scheme subsidises the wages of some 1.2 million workers up to HK$8,000 over the months of May, June, and July.
Australia trade union urges for hike in minimum wage
To mitigate the effects of rapidly rising inflation, a major Australian union is calling for the minimum wage to be increased by 5.5%.
Almost half of jobs in New Zealand supported by government subsidy
The subsidies were key in helping the economy recover from the impact of the pandemic, said the Minister for Social Development and Employment.
Female employees in Australia promised more support measures
These include gender pay equity, improved career options, improved parental leave, and elimination of sexual harassment.
Employers in Indonesia told to pay overtime for work done on holidays
The Ministry of Manpower has said employers are obligated to pay wages to workers who work overtime during national holidays.
Minimum wage in Malaysia does not include overtime pay and allowances
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.
Singaporeans view work-life balance as more important than salary
A sense of fulfilment and work-life balance matter more than salary when picking a job, said respondents to a recent survey.
Vietnam’s minimum wage hike aimed at protecting lower paid workers
The minimum wage revisions show the commitment of workers and businesses to overcome difficulties together, said the International Labour Organisation.
Indonesia to provide more targeted wage subsidy scheme
The Manpower Ministry is preparing a more accurate, targeted scheme for the wage subsidy programme (BSU) for low-income formal workers.
Malaysia disburses RM151 million in wage subsidies
The labour force has been recovering gradually since 2021, and a stronger recovery is expected this year, said the finance minister.
South Korea supports firms that allow staff to work remotely
The government has pledged to allocate 3.6 million won yearly for additional personnel and labour management expenses incurred from telecommuting.
Concern raised over minimum wage hike on Thai SMEs
Thailand’s Federation of Thai Industries (FTI) has said if the minimum wage is increased to 492 baht (US$14.27), many SMEs will be severely impacted.
Optimising workforces on a global basis
David Ossip, Chairman and Co-CEO of Ceridian, shares how the company is helping organisations manage employees in a hybrid world of work.
Malaysia officially introduces minimum wage hike
The new minimum wage rate of RM1,500 (US$344) has been officially gazetted and took effect nationwide on May 1.
Concerns raised over minimum wage hike in Malaysia
The increase in workers’ wages will raise business cost and stall the economic recovery of businesses, said business organisation.
Thailand unlikely to implement blanket minimum wage
The tripartite national wage committee is expected to propose a hike in minimum wages in August, but a flat-rate wage of 492 baht (US$14.3) a day is unlikely.
Number of South Korean workers taking parental leave falls
The fall in numbers in 2021 was attributed to the increase in parental leave taken in 2020 when schools and kindergartens closed due to COVID-19.
Supporting a global and connected workforce with HCM
HCM is critical to create productive workforces and organisational success, highlights Rob Squires, VP for Sales, Asia Pacific and Japan, Ceridian.
Call to cut wages of those working from home contested in Malaysia
The Malaysian Employers Federation (MEF) has come under fire over a call to cut the wages of employees working from home.
160,000 employers in Hong Kong expected to seek wage subsidy
About 160,000 employers are expected to apply for the latest round of pandemic wage subsidies under the employment support scheme (ESS).
Malaysia’s work subsidy programme retains 2.96 million jobs
The government has channeled RM20.68 billion (US$4.78 billion) to 357,703 employers via its Wage Subsidy Programme (WSP) as of April 8.
China launches private pension scheme
China has launched the first private pension scheme in the country, paving the way for workers to invest and supplement funds in their pension accounts.
Majority of New Zealanders seeking jobs rely on Jobseeker Support
A total of 177,642 people were receiving Jobseeker Support as of end-March, and of these people, some 100,854 were “work ready”.
Impact of minimum wage hike concerns Vietnam companies
The Vietnam Chamber of Commerce and Industry (VCCI) has proposed that the increase in minimum wage be postponed till January 1 next year.
Greenfield agreements expected to boost Australian businesses and jobs
Such an agreement offers employers flexibility with the circumstances of their workers, covering conditions like pay, for instance.
Japan running out of funds for parental leave allowances
The ballooning cost to provide allowances for employees who take parental leave is causing fears of a fund shortage.
Malaysia to implement new minimum wage from May 1
Beside the wage hike, the government also aims to create 300,000 jobs for the homeless this year, under its Zero Homelessness Initiative.