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You Searched For "bank wage revision 2020" and got 20 results


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3 mins read

Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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2 mins read

The US economy just saw a big downward revision in jobs added over the last year. Why investors shouldn't sweat it.

"Job growth is still positive. If you are in the rate cut in September camp, these data all but sea…

Matthew Fox   


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6 mins read

Many drivers for Uber, Lyft, and DoorDash are earning well below minimum wage, even with tips, a new paper finds

Many gig drivers earn less than local minimum wage after expenses, some earning just 40 cents an ho…

Noah Sheidlower,Jacob Zinkula   


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3 mins read

The government’s 15% wage hike for public sector bankers will just add ₹1,100 to their salary

In an appeal to negotiators and members, GB Manimaran — the general secretary of the Canara Bank…

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2 mins read

58,000 PSU general insurance employees to go on a 2-day strike seeking wage revision

Over 58,000 employees in the public sector general insurance companies will go on a 2-day strike on…

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3 mins read

Three years and five strikes later, wage revision for public sector bank employees at par with 2012

In order to defer the three-day strike — along with three scheduled holidays — the IBA will also…

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2 mins read

Indian public sector bank employees get 15% wage hike and performance-linked incentives after three years of waiting

The wage revision for bank employees that has been pending since three years ago has now been final…

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6 mins read

PSU bank employees wage revision finalised after three years of waiting — only a ₹1,100 increase in salary for officers

The wage revision for public sector bank officers, which has been pending since 2017, has been sign…

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2 mins read

Here's why the staff at India's government banks are not happy with the salary hike ahead of the festive season

Bankers in India are getting an extra one month's salary ahead of the festive season but neither th…

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1 min read

A central banker making over $780K a year says workers should not demand big pay raises to help stem inflation

Bank of England governor Andrew Bailey told the BBC there has to be "a moderation of wage rises" to…

Huileng Tan   


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3 mins read

Retail inflation rises to 3-month high in Nov, Oct industrial growth hits 16-month high

Retail inflation inched up to a three-month high of 5.55% in November driven by higher food prices,…

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1 min read

Punjab National Bank Q1 net profit surges to ₹1,255 cr

In a regulatory filing, the public sector bank said it closed the Q1FY24 with a total income of ₹ 2…

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1 min read

Canara Bank Q1 profit surges 75% to ₹3,535 cr aided by fall in bad loans, interest income rise

The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 5.15 …

PTI   


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2 mins read

Bank of America will boost its minimum wage to $25 an hour by 2025

The minimum wage increase by Bank of America will mark a 121% hourly minimum wage increase since 20…

Ayelet Sheffey   


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2 mins read

S&P 500 firms have discussed inflation a record number of times this quarter amid a 900% surge in mentions, BofA says

Mentions of labor-related inflation soared by 117% year-over-year this past quarter, BofA said.

Carla Mozée   


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1 min read

Markets are premature in their optimism that wage inflation is fading, Barclays says

Average hourly earnings figures "are notoriously noisy," month to month, Barclays cautioned ahead o…

Carla Mozée   


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2 mins read

It's the easiest time to find a job since just before the pandemic

Americans' perceived chance of finding a new job hit 54% in May from 49.8%, the largest-ever monthl…

Ben Winck   


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4 mins read

Workers are quitting because they want higher wages. Employers are finally starting to listen.

For years, wages were declining and low-paying jobs were on the rise. Now, workers have made it cle…

Juliana Kaplan,Madison Hoff   


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3 mins read

Americans got paid even more in January as wages just keep getting higher

In 2021, wages skyrocketed as businesses fought to keep and attract staff. It's a trend that's alre…

Juliana Kaplan,Madison Hoff   


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2 mins read

Another Wall Street bank throws in the towel on their 2023 recession call

"Waning post-pandemic disruptions and waxing supply-side developments suggest upside risk" to the e…

Matthew Fox