You Searched For "wage hikes" and got 20 results
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1 min read
UPS delivery-driver job searches soar 50% after union secures wage hike that could see workers get a $170,000 yearly package
UPS agreed to provide $30 billion in new money over five-year to improve wages, benefits, and worki…
Sawdah Bhaimiya
2 mins read
Markets are betting the worst of inflation has passed - and there are 2 big reasons why that isn't just wishful thinking, economist Paul Krugman says
Krugman argues that markets are likely looking at a lot of data that hasn't come through in officia…
Jennifer Sor
5 mins read
SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3
India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…
2 mins read
IT biggies spent 62% of revenues on wages in FY22, salary bill at ₹3 lakh crore
Top companies like TCS, Infosys and Wipro have been consistent in how much they pay to their employ…
3 mins read
It is attrition rates and not the wage hikes dampening Indian IT cos earnings
The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…
3 mins read
California's $20 minimum wage for fast-food workers could make burgers and chicken so expensive that people just buy more groceries instead
Diners could be put off from eating out when fast-food prices in California go up in the spring und…
Grace Dean
3 mins read
RBI hikes GDP growth projection for FY24 to 7.3%, keeps rates, stance unchanged
The Reserve Bank of India (RBI)’s rate setting panel – the Monetary Policy Committee – has decided …
2 mins read
US wage growth is slowing and not keeping pace with inflation — but that doesn't mean the Fed will stop hiking rates
Wages and salaries for civilians rose by 1% in the fourth quarter of 2022. That's slower than the 1…
Huileng Tan
1 min read
Dearness allowance of central government employees hiked by 4%
The Union Cabinet on Wednesday approved a four per cent increase in Dearness Allowance (DA) for Cen…
ANI
1 min read
Minimum-wage workers in Turkey just got a 49% pay rise, but they're probably not that happy about it
Turkey's Labor Minister Vedat Isikhan announced the country's minimum wage will increase 49% to 17,…
Lindsay Dodgson
3 mins read
Increase in tea prices to offset impact of wage rate hike in WB, Assam: ICRA
The report stated that the ODX tea prices are ruling at an all-time high level on the back of a …
PTI
3 mins read
The American worker is about to get their biggest raise since 2008
All the quits are paying off. Wages are set to rise 3.9% in 2022, a Conference Board survey says, a…
Ben Winck,Juliana Kaplan
2 mins read
General insurance PSUs wage hike issue: govt to brief unions today
With talks on wage revision on between the unions in the public sector general and reinsurance comp…
2 mins read
There's a 'meaningful' chance the Fed's next move is a rate hike, former Treasury Secretary Larry Summers says
"There's a meaningful chance, maybe it's 15%, that the next move is going to be upwards in rates, n…
Yuheng Zhan
5 mins read
Amazon is establishing a new minimum wage in America
The e-commerce giant increased wages in 2018 and backs a $15 federal minimum wage. In 2021, it's em…
Ben Winck,Dominick Reuter
2 mins read
Rising wages are doing more good than bad, Fed's Powell says
Average wages have soared in recent months as businesses scramble to rehire. The trend isn't concer…
Ben Winck
3 mins read
After a coffee shop owner in Iowa raised wages to $15, he got nearly 50 applications in 2 weeks
"Smart people realize that you invest in your business, so therefore you have to invest in your emp…
Juliana Kaplan
3 mins read
From an $18 hourly wage to the 'new factory town,' Amazon is taking the lead on lifting up America's working class
Amazon's influence on wages and hiring is massive. Congress wasn't able to pass a $15 minimum wage …
Ben Winck
2 mins read
The Fed's final rate hike will happen in December as wage inflation shows signs of cooling, Pantheon chief economist says
"Don't be deceived by low and stable initial claims; labor demand is slowing markedly," Pantheon Ma…
Matthew Fox
2 mins read
Companies such as Amazon, Chipotle, and McDonald's are raising wages. It's likely a one-off boost, Oxford Economics says.
The labor shortage put more power in workers' hands as businesses scrambled to rehire, but the boos…