While federal MPs forgo a pay rise, Baden-Württemberg parliamentarians will receive more money from July. Experts criticize this decision, arguing it sends the wrong signal during difficult economic times and could worsen public perception of politicians.
Australia's Fair Work Commission announced a 4.75% pay rise for nearly 3 million workers on award wages, effective July 1. The lowest-paid workers will receive a 6% increase, raising the minimum hourly wage to $26.44.
Australia's Fair Work Commission has announced a 4.75% pay rise for nearly 3 million workers on award wages, with the lowest-paid receiving a 6% increase. The minimum wage will rise to $26.44 per hour from July 1, a decision influenced by surging fuel prices and inflation.
Australia's Fair Work Commission will raise the minimum wage by 4.75% for nearly 3 million workers, with the lowest paid receiving a 6% increase. The decision, effective July 1, aims to address falling living standards amid high inflation and surging fuel prices.
Australia's Fair Work Commission raised minimum wages above inflation, citing Middle East conflict's impact on inflation. Telstra CEO expects a smaller workforce by 2030 due to AI. Global stocks hit record highs despite geopolitical tensions.
Australia's minimum award wages will increase by 4.75% from July 1, with lowest-paid workers receiving larger boosts. Economists warn this could fuel inflation, pressuring the Reserve Bank to hike interest rates.
Australia's minimum wage is set to increase by 5.97%, impacting millions. Telstra anticipates a smaller workforce by 2030 due to AI. The EU gains access to Anthropic's advanced AI model, Mythos, for cybersecurity. Meanwhile, Australian billionaires' wealth grows significantly, sparking debate on tax reform.
A report by ARAN shows public sector salaries in Italy grew 13% between 2021-2023, exceeding the 7% expected from contract renewals. This growth is attributed to career progression and productivity bonuses, particularly in central government functions like ministries and tax agencies.
UK senior civil servants will receive performance bonuses for the first time under a new pay system. Most civil servants get a 3.5% rise, while senior staff receive 2.5% base increase plus 1% for bonuses. The move aims to reward high performers and improve civil service delivery.
Tesco CEO Ken Murphy earned £10.8m in 2023, a £1m increase, as the UK's largest supermarket achieved its highest market share in a decade (28.1%). His pay includes a 3% basic pay rise to £1.54m, with future bonuses now tied to market share targets instead of food waste reduction.
Workers told to be realistic about outcome of union talks as corporation aims to make savings with job cutsBBC staff have been told their bosses will forgo a pay rise this year but fear the freeze will lead to a meagre increase for the rank and file, who have been urged to be realistic about the outcome of union negotiations.Employees have been told that the corporation’s executive committee – its 12 highest-paid bosses including the director general, who were paid almost £5m in total last year – will have their pay frozen this year amid a £600m cost-cutting drive. Continue reading...
Women’s sport is in its high-growth phase. With surging salaries and new – or even revived – teams, the league has plenty to reflect on and to look forward toOpening night typically pulses with anticipation rather than gushes with nostalgia, but the New York Liberty wore a “court origins” uniform that alludes to their history as one of the WNBA’s eight founding members when they hosted the Connecticut Sun on Friday.Protracted and pugnacious negotiations between the players’ union and the league threatened to delay or even wreck the new season. But an accord that hands the players significant pay rises means the league has much to look forward to, as well as plenty to reflect on, as it celebrates 30 years. Continue reading...
