Wipro says exec noncompete agreements include nine rivals (Hindustan Times)

Executives at Wipro Ltd. (NYSE: WIT) cannot join any of the company's nine rivals for at least 12 months after they leave the firm, the Hindustan Times reported. The information comes from a lawsuit filed by Wipro over the departure of CFO Jatin Dalal, who joined Cognizant Technology Solutions...

Job postings across New Zealand fall 21.8% in September quarter amid skills shortages

The number of job postings in New Zealand fell by 21.8% in the September 2023 quarter when compared to the same period a year ago, according to the latest national jobs index from the Recruitment Consulting and Staffing's (RCSA) latest Jobs Report.

On a quarterly basis, the national jobs index is on the...

India white-collar hiring tumbles 16% in December with declines driven by telecom sector

White-collar hiring in India fell by 16% in December 2023 when compared to December 2022, according to the latest Naukri JobSpeak Index.

The Index stood at 2,439 for December 2023, up 2% compared to November 2023.

India’s travel and hospitality sector continued its growth momentum in new job offers with...

Hong Kong workers demand 6% raise to return to office fully (The Japan Times)

Hong Kong workers say they would need a 6% raise to give up hybrid work arrangements, a dilemma that’s expected to prompt more companies to reduce space and dampen office rents, reports The Japan Times, citing a survey by Bloomberg Intelligence. More than half of respondents said they would either...

Salaries of Philippines workers seen rising in 2024 (Business Mirror)

Salary increases are expected for employees in the Philippines for 2024 to counter the impact of inflation and to attract and retain top talent in a competitive job market, reports Business Mirror, citing a survey conducted by global human resources consulting firm Mercer. Based on Mercer's Total Remuneration...

Ministry of Manpower issues fines over foreign employment at night markets

Singapore’s Ministry of Manpower announced it has convicted five individuals for illegally employing foreign workers at temporary fairs.

Officers from the Ministry conducted an inspection at the Geylang Serai Bazaar on 4 April 2023. Investigations revealed that both Eng Kiat and Eng Hock had rented...

Wipro suit against former CFO goes to arbitration (The Indian Express)

A lawsuit by India-based Wipro Ltd. (NYSE: WIT) against its former CFO, Jatin Dalal, following his move to rival IT services giant Cognizant Technology Solutions Corp (NASDAQ: CTSH) has been referred to arbitration by the court, The Indian Express reported yesterday. The suit alleged Dalal...

India’s unemployment rate eases to 3-month low in December (Financial Express)

The overall unemployment rate in India fell to a three-month low of 8.65% in December from 8.88% the previous month, due to sharp drop in rural joblessness, reports The Financial Express, citing data from the Centre for Monitoring Indian Economy (CMIE). During December, the rural unemployment rate fell...

India’s financial reporting authority fines chartered accountant in Quess Corp tax matter

India’s National Financial Reporting Authority (NFRA) has passed an order and imposed a penalty against a chartered accountant involved in the Quess Corp tax matter, according to a press release by the Indian staffing firm.

The regulatory agency fined Pawan Jain, Partner of M/s. Kumar Jain & Associates,...

Unemployment rate in the Philippines could ease during holidays; more jobs up for 2024

The Philippines’ unemployment rate during the tail-end of 2023 could further improve due to the high demand during the Christmas season and possibly more job opportunities in 2024, Rizal Commercial Banking Corp. (RCBC) chief economist Michael Ricafort said.

"The employment data for the rest of...