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...

China workers see biggest drop in hiring salaries on record (Bloomberg)

Wages offered to Chinese workers in major cities declined by the most on record, underscoring persisting deflationary pressures and sluggish consumer confidence across China, reports Bloomberg, citing data from Zhaopin. Average salaries offered by companies to new hires in 38 key Chinese cities fell...

Longer working hours impact happiness among Korea’s younger workers (The Korea Herald)

Young South Koreans generally tend to be less happy the longer they work, reports The Korea Herald, citing a report published by the Korea Labour Institute. The amount of labour that employees aged 34 or younger are most satisfied with is between 15 and 40 hours a week. Researcher Park Ju-sang, of the...

India’s travel and hospitality sector to witness hiring rebound in 2024 (Hindu Business Line)

Recruitment momentum in India’s travel and hospitality sector will continue in 2024, reports Hindu Business Line, citing staffing firm TeamLease Services. This year will witness increased hiring in the travel and hospitality by 15% – 20% as compared to 2023. On the hospitality front, major hospitality...

Nisso Corp invests in battery manufacturer APB in Japan

Nisso Corporation (6569: TYO), a Japanese human resources firm providing staffing services, announced it is investing in battery manufacturer APB Co., Ltd., also based in Japan.

Financial details of the investment were not disclosed.

Nisso said the group will expand its business in the storage battery...