wage hikes
More employers plan to freeze hiring, moderate wages as business sentiment dips: SNEF poll
Rising manpower costs remain most-cited manpower challenge
Singapore’s turnover rate rises more steeply amid steady wage growth: poll
Attrition climbs to 19.3% this year, from 16.7% in 2024
More firms planning wage freezes as outlook sours: SBF survey
Business confidence remains weak, with just one in three companies satisfied with current economic conditions
Japan panel urges record minimum pay hike in bright sign for Bank of Japan
Data due Wednesday are expected to show real wages fell 0.7% in June compared with a year earlier, the sixth consecutive decline
Ride-hailing drivers in Indonesia hold protests to demand better pay
The drivers fear a merger between GoTo and Grab would result in a ‘monopoly’ and lead to layoffs as well as “predatory prices” for consumers
Singapore should still see real wage growth in 2025, but probably less than in 2024
Nominal wages will rise at a slower pace, but will not be eroded as much by inflation
Minimum wages set to rise in parts of Asean, outpacing expected increase in inflation: report
Higher minimum wages will buoy consumption expenditure but raise competitiveness, labour productivity concerns
Millions of German metalworkers win hefty pay hikes
NEARLY four million German workers in the key electrical and metalworking sectors will receive pay increases after the country’s biggest trade union struck a deal on Tuesday (Nov 12) with employers.
Tesla increases wages for staff at German gigafactory by 4%
TESLA has raised the wages of all employees at its German gigafactory outside Berlin by 4 per cent since the start of November, the US electric carmaker said on Tuesday (Nov 5).
Japan's rising minimum wage likely to push up inflation, BOJ says
The key driver of inflation has shifted to unit labour costs from unit profits since 2024
