Saturday 27 August 2016
 
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Wages

Norway oil wage talks begin as workers threaten strike

Energy companies and trade unions in Norway began two-day wage talks on Thursday in a bid to avert a strike that would cut output from Europe's largest oil producer by 12 percent, the Norwegian Oil and Gas Association (NOG) said.

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UAE salaries likely to increase by 4.6pc next year

Wages in the United Arab Emirates are set to rise by an average of 4.6 per cent in 2017, following an average increase of 4.9 per cent this year, according to Willis Towers Watson’s latest Salary Budget Planning Study. The i

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Saudi builders delay pay amid state spending clampdown

Some Saudi Arabian construction companies are struggling to pay their staff on time in a sign of growing pressure on the economy from low oil prices, which are causing the government to slow spending on building projects. In an un

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Payments glitch at HSBC leaves Britons without wages

Thousands of Britons failed to receive their wages on Friday (August 28) when a problem at Europe's biggest bank HSBC prevented some of its business customers from making payments.   The glitch affected payme

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Expat workers paid in wages row in Bahrain

More than 100 foreign workers in Bahrain who went on strike over non-payment of salaries have finally collected their wages for January and February, following the intervention of diplomats and labour officials. The men work for M

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Walmart to spend $1bn to raise wages this year

Walmart Stores, long criticised for its low wages and employee benefits, said it would spend more than $1 billion to increase pay for half a million US employees this year. The increase announced by the largest private sector empl

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US payrolls rise solidly, but wages drop

US job growth increased briskly in December, but wages posted their biggest decline in at least eight years in a sign the tightening labour market has yet to give much of a boost to workers. Nonfarm payrolls increased by 252,000 l

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India urges pay boost for millions of Gulf workers

India is pressing rich countries in the Gulf to raise the wages of millions of Indians working there, causing concerns in the region’s construction industry about increase in labour costs. Over five million Indian nationals

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India urges higher pay for millions of Gulf workers

India is pressing rich countries in the Gulf to raise the wages of millions of Indians working there, in a drive that could secure it billions of dollars in fresh income but risks pricing some of its citizens out of the market. Ov

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US wage gains highest since 2008

US consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the fourth quarter. But rising consumer sentiment and faster wage growth suggest the weakness in spe

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