Wages

Japan’s real wages up for fifth month in May, slower due to inflation

Within the past year, pay for AI roles has climbed by about 15 to 25 per cent, according to recruitment firm Robert Walters.

AI salaries in Singapore rising 5 times faster than overall wages, fresh grads earn up to S$90k a year

For years, China’s delivery industry attracted those who knew they could earn more than in factory jobs, or who wanted easy cash while awaiting better opportunities.
THE BOTTOM LINE

China’s delivery drivers are its most obvious underclass

Workers are demanding a greater share of earnings as Samsung is on track to become one of the world’s most profitable firms by the end of the year.

Samsung’s non-chip union seeks court order to block vote on 40-trillion won bonus deal

Humanoid robotics may lift economy-wide productivity more than other AI forecasts suggest – but it will also affect more jobs.
THE BOTTOM LINE

Bond yields may be finally baking in an AI world

Samsung Electronics workers attend a rally outside the company's semiconductor plant in Pyeongtaek on Apr 23, ahead of a strike scheduled to begin May 21.

Samsung Biologics estimates US$100 million strike loss as unions press demands

Initial analysis pointed to a median pay award of 3 per cent for April, when almost half of wage settlements take place each year.

UK pay awards rise in Q1 but April hints at softness, Brightmine says

Protesters in Noida had torched vehicles and pelted stones, with police lobbing tear gas shells to quell the demonstrations.

India’s Uttar Pradesh state raises workers’ wages amid protests over pay

The wage gains come as the central bank has been looking for signs that solid pay increases will fuel spending that leads to demand-led price gains.

Japan’s real wages rise most since 2021 to keep BOJ on hike path

An oil-spike-led boost to inflation would erode real wages and intensify workers’ demands for wage increases to protect their living standards.

Japanese firms agree to 5.26% wage hike, top union group's preliminary data shows