News Flash
China: Minimum wage in Hubei province (2017)
The 4 levels of minimum monthly wage in Hubei province have increased to 1,750 yuan (US$264), 1,500 yuan (US$227), 1,380 yuan (US$208), and 1,250 yuan (US$189) … Please login to view this content or become a member by joining now …
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Australia: 69% travel to work by car in 2016
According to the 2016 Census of Population and Housing, 69% of Australians travel to work by car … Please login to view this content or become a member by joining now …
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New Zealand: National hourly minimum wage to be increased
An agreement has been reached between the two government coalition parties to increase the national hourly minimum wage for those aged 18+ by 27% to $20 (US$13 … Please login to view this content or become a member by joining …
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United Kingdom: Bank of England sees up to 75,000 finance job losses after Brexit
The Bank of England is currently evaluating British-based financial services firms’ contingency plans to minimize disruption after Brexit … Please login to view this content or become a member by joining now …
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Saudi Arabia: Driving licence for women
From the 24th of June next year women will be able to hold a driving licence … Please login to view this content or become a member by joining now …
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Israel: Minimum wage to be increased for 2018
With effect from December payrolls, the national minimum wage will rise by 6% from NIS 5,000 (US$1,419) to NIS 5,300 (US$1,504) a month and NIS 26 … Please login to view this content or become a member by joining now …
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Cambodia: Minimum wage for garment industry
An estimated 700,000 workers in garment industry will receive next year a 11% hike in their minimum wage to U … Please login to view this content or become a member by joining now …
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China: Minimum annual salary guide in Wuhan
Wuhan, the capital of Central China’s Hubei Province, has recently introduced a minimum annual salary guide for higher education graduates in order to retain talent in the city … Please login to view this content or become a member by …
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Australia: Penalty rates
The Decision of the Fair Work Commission earlier this year to reduce penalty rates continues to attract heavy opposition … Please login to view this content or become a member by joining now …
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USA: CEO pay ratio to make public
Next year companies will have to make public via submissions to the Securities and Exchange Commission the ratio of CEO remuneration to the remuneration of their worldwide median employees … Please login to view this content or become a member …
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Romania: Social contributions
Next year most of the social contributions that are currently being paid by employers will be transferred to employees – who will contribute 37 … Please login to view this content or become a member by joining now …
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Global: Petroleum industry salaries begin to rise after downturn
According to the latest JPT survey, senior Petroleum industry professionals earned an average of US$194,649 gross in 2017, down from US$214,328 in 2014 … Please login to view this content or become a member by joining now …
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Philippines: Penalty for late payment
In order to encourage payroll companies to pay employees on time a parliamentary Bill proposes a P100,000 (US$1,937) penalty for late payment … Please login to view this content or become a member by joining now …
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Romania: Gross minimum wage to be increased
Starting from January the 1st 2018, the gross minimum wage will increase by 31% – from RON 1,450 (US$367) to RON 1,900 (US$481) … Please login to view this content or become a member by joining now …
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Lithuania: Monthly minimum wage to be increased (2018)
The monthly minimum wage in Lithuania will rise from 380 euros (US$442) to 400 euros (US$465 … Please login to view this content or become a member by joining now …
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