Compensation

By digitising expertise, companies can scale an individual’s skills across time and location, allowing new hires – even after the expert has left – to perform more like veterans.

Highly skilled workers have been training AI – that comes at a cost

Students entering this new labour market should plan what they share, rethink competition and consider collective bargaining

Among the seven Asia-Pacific markets the report analysed, Australian companies had the highest number linking ESG metrics to executive pay at 92%. This was followed by Singapore at 82%, and then Japan at 74%.

Sustainable Finance

74% of Asia-Pacific companies link ESG metrics to executives’ remuneration: report

This is slightly lower than the global average of 81 per cent

The carrier added that the final amount will comprise factors including compensation to the TWU and the costs incurred to distribute the funds to the individuals.

Transport & Logistics

Australia's Qantas to pay US$76 million to former employees

The ground workers were sacked in 2020

Adoption of ESG-related factors in executive compensation fell among Singapore-listed companies from 2021 to 2023.

ESG Insights

ESG INSIGHTS

Issue 114: Mainstreaming ESG-linked pay; climate policy is better together

This week in ESG: Policymakers and investors increasingly demand executive accountability on ESG; policy combinations drive big emissions cuts, researchers find

Progressive companies already place employees at the centre of the decision-making process with flexible compensation models.

Opinion & Features

Re-examining the concept of employee reward to achieve optimal value

Pay, benefits, and workforce costs are one of the most significant outflows for organisations

The level of compensation could only be set based on the outcome of an ongoing investigation into the flight, which could take years.

Singapore

SIA may face hefty payout pressure after turbulent flight

Prior payouts for similarly severe injuries escalated “easily into seven and sometimes eight-figure claims,” says Peter Neenan, a parter specialising in aviation litigation

General Motors did not increase chief executive officer Mary Barra’s target compensation for 2024.

Transport & Logistics

GM CEO Barra compensation fell 4% in 2023 to US$27.8 million

GENERAL Motors CEO Mary Barra’s total compensation in 2023 fell 4 per cent to US$27.8 million, the largest US automaker said on Wednesday (Apr 24).

The incentive-compensation rules are meant to curb risky behaviour by forcing executives and other prominent employees to wait longer to cash out their bonuses.

Companies & Markets

Wall Street bonus rules return to regulatory agenda in third try

US FINANCIAL watchdogs plan to take another crack at regulating Wall Street executives’ pay – an outstanding requirement of the 2010 Dodd-Frank Act that has repeatedly failed to materialise.

Glitches in software led to hundreds of local Post Office managers – known as sub-postmasters – being wrongly convicted for theft and false accounting between 1999 and 2015.

International

Fujitsu takes US$1 billion knock as Post Office scandal escalates

More than US$1 billion was wiped off the value of Fujitsu on Wednesday (Jan 17) after the company’s European chief said it had a moral responsibility to provide compensation for its role in the UK Pos...

Most workers should expect salary raises of between 3 and 5 per cent, based on the poll.

Singapore

Eight in 10 employers plan to give bonuses averaging one month or more: survey

AROUND 84 per cent of employers plan to award bonuses averaging one month or more in the 2023-2024 period, a survey released on Tuesday (Dec 12) found.

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