 |
Talent shortage could cost Saudi $33bn by 2030: studySalaries for in-demand workers in Saudi Arabia and the UAE and could add as much as $33.6 billion and $5.9 billion to the total national payroll by 2030, marking wage surges of 9 per cent and over 17 per cent respectively, a report said. More… |
 |
Who's going to fly the planes?Pilot shortage is a boogeyman that haunts aviation industry. It is real, it is increasing and it is becoming difficult to ignore. But among the many solutions currently on the table, what is lacking attention is, perhaps, the simp More… |
 |
Hyundai union stages strike over wagesHyundai Motor's South Korean labor union staged its first full nationwide strike in 12 years on Monday over wages, putting the automaker's earnings and sales targets at risk. The full-day walkout came after a series of par More… |
 |
Norway oil wage talks begin as workers threaten strikeEnergy 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. More… |
 |
UAE salaries likely to increase by 4.6pc next yearWages 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 More… |
 |
Saudi builders delay pay amid state spending clampdownSome 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 More… |
 |
Payments glitch at HSBC leaves Britons without wagesThousands 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 More… |
 |
Expat workers paid in wages row in BahrainMore 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 More… |
 |
Walmart to spend $1bn to raise wages this yearWalmart 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 More… |
 |
US payrolls rise solidly, but wages dropUS 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 More… |
