Philip Chua Business Blog

Posts Tagged ‘wages’

LABOUR chief Lim Swee Say yesterday threw the labour movement’s weight behind the Government’s goal to increase productivity.
Productivity gains are the best way to drive wages up, he told more than 500 unionists and employers at a conference on managing manpower challenges this year.
He spoke during a dialogue at the Singapore Tripartism Forum, when he was asked why a minimum wage was not put in … more

American families were squeezed last year as their inflation-adjusted weekly wages fell 1.6 percent — the sharpest drop since 1990. Consumer inflation rose 2.7 percent.









Inflation – Wage – Economic – Grade Inflation – Education

Productivity surged in the third quarter by the largest amount in six years while labor costs fell. While that indicates inflation is under control, it also signals workers’ wages are getting squeezed.







Productivity – Government – Home – United States – Chats and Forums

S’pore workers can expect 3% pay rise next year: survey
By FELDA CHAY

SUFFERED a pay cut or freeze this year and wondering when your wages will increase? A survey by human resource firm ECA International shows that employees here can expect a 3 per cent salary increase as early as next year, and only 11 per cent of companies surveyed are proposing a pay freeze for 2010.

The ECA Salary Trends… more

Global wages fell in the United States and some other wealthy nations in the second quarter of the year, raising questions about whether workers are sharing in any economic recovery.

Reuters – Union workers at Ford Motor Co’s Kansas City assembly plant overwhelmingly rejected proposed contract changes that include a “no-strike” provision on wages and benefits, the local president said on Monday.

With so many companies laying off workers and slashing wages and benefits, it’s not surprising that some employees feel no obligation to be nice when they head out the door.