Tag: inflation
Britain witnesses rail strikes over inadequate pay, work conditions
In Britain, members of the National Union of Rail, Maritime and Transport Workers (RMT) are prepping for a strike yet again on 2 June...
5% pay hike for workers in Britain
With shortage of skills and labour in Britain, companies across the Country are likely to offer the highest pay hikes in over a decade.
However,...
Min. wage in N. Zealand is now NZ$ 22.7 per hour
Come April and the minimum wage in New Zealand will be hiked by NZ$ 1.5.
That means, the hourly wage with effect from April 2023...
Will DA increase to 42% for Central government staff?
The employees of the Central government may receive increased dearness allowance soon. It is reported that the Centre is deliberating hiking the DA by...
‘Revise wages periodically in public interest’: SC to public employers
According to the Supreme Court, State and public employers are obliged to revise wages for their employees periodically, considering the adverse effects of price...
Does Amazon time its employees’ toilet breaks?
Amazon is grabbing headlines for the wrong reasons yet again. During a protest by its warehouse employees in Britain, some employees have made certain...
20% employers reveal salary range to staff: Study
Are employers paying a hefty premium to attract new employees post the Great Resignation? A study by Gartner seems to suggest so. Employees have...
Swiggy employees in Kochi continue strike demanding better pay
Employees of Swiggy, the food-delivery app, have been on a long strike in Kochi, Kerala, demanding better pay, amongst other things.
Presently being paid at...
Britain’s postal workers’ union to avert disruptions due to strike
Leaders of the trade union, Communication Workers’ Union (CWU) representing postal workers in Britain who are on strike, were scheduled to meet executives from...
PVH Corp. to cut 10% jobs, reduce costs
PVH Corp., the American clothing company, is planning to lay off 10 per cent of its workforce.
The Company, which owns brands such as Tommy...
8-day strike at Britain’s biggest port
With over 1,900 workers at Felixstowe, Britain’s largest container port, going on an eight-day strike, massive disruptions are expected in the country’s supply chain.
Hutchison...
DA formula revised for Central government employees
Considering the inflation, the Government revises the base year off and on, for calculation of dearness allowance (DA). The formula has been changed again,...
Shell earns bumper profits, gives 8% bonus to staff
There is much reason for the 82,000-strong workforce of Shell to rejoice. The energy company has witnessed record profits, and has decided to give...
Amazon has laid off 1 lakh
With Amazon realising it has more employees than it requires — having hired more during the demand surge due to the pandemic, and to...
4% DA hike likely for government employees
Government employees can expect a four per cent increment in dearness allowance (DA) this time. The hike will reportedly come into effect from 1...
UAE firms considering giving 10% mid-term hike to staff amid inflation
Given the high inflation in the country, combined with fuel prices rising steadily since January 2022, the common man’s pocket in the UAE is...
Rolls-Royce workers reject £2,000 cash bonus
Thousands of Rolls-Royce employees have rejected the auto giant’s offer of £2000 cash benefit, citing that the money is far too less to enable...
50,000 railway employees will join Britain’s biggest rail strike
The railway network in Britain is set to face a lot of disruption given the strike call by the railway employees. This is the...
Labour shortage amidst record high vacancies in the US
Wages across the US are witnessing record hikes. While vacancies are at a record high, about 4.5 million people have quit their jobs.
That means,...
IndiGo CEO admits salary raise remains a delicate & difficult issue
While IndiGo’s pilots have been expressing their discontentment at the low-cost carrier’s failure to restore their salaries, Ronojoy Dutta, CEO, IndiGo admits that the...