Page 2 - Wage Growth
Delhi govt's worker training scheme: A wait for compensation, better wages
Mission Kushal Karmi, launched by Delhi govt in July, aims to train 200,000 workers in one year
 "Delhi govt's worker training scheme: A wait for compensation, better wages")
Interim wage hike likely to hit margins of West Bengal tea estates: Icra
The impact would be lower for producers of quality tea, given the price premium they enjoy over the average market realisations, Icra said in a report.
 "Interim wage hike likely to hit margins of West Bengal tea estates: Icra")
Joe Biden signs executive order promoting competition among companies
Asserting that capitalism without competition has no meaning, US President Joe Biden has signed an executive order aimed at promoting competition among companies to lower prices and increase wages
 "Joe Biden signs executive order promoting competition among companies")
Wage hike, attrition rise to impact IT industry's margins: HDFC Securities
IT industry's margins are expected to be impacted by wage increases as well as high attrition rate, said HDFC Securities.
 "Wage hike, attrition rise to impact IT industry's margins: HDFC Securities")
A partial, slowing economic recovery underway after sharp fall of April
But, its momentum could be petering out well before the recovery is complete
 "A partial, slowing economic recovery underway after sharp fall of April")
Over half of Indian firms 'vulnerable' on wage payments, says Crisil
Ashu Suyash, the MD and CEO of the agency, said it has done an analysis of 40,000 companies having a collective wage bill of Rs 12 trillion, which revealed the grim situation.
 "Over half of Indian firms 'vulnerable' on wage payments, says Crisil")
Capgemini bucks trend, rolls out wage hikes, promotions amid Covid crisis
Performance review likely to see some retrenchments
 "Capgemini bucks trend, rolls out wage hikes, promotions amid Covid crisis")
Labour laws are not the reason hindering India's rapid industrialisation
Even in India, labour problem is low down on an entrepreneur's wish list. Corruption of labour inspector is quoted as a reason.
 "Labour laws are not the reason hindering India's rapid industrialisation")
Salaries in India may rise over 9% in 2020, real wages by 5%: Global report
But inflation may play a spoiler as real-wage salaries in the country is anticipated to be just 5 per cent
 "Salaries in India may rise over 9% in 2020, real wages by 5%: Global report")
Why do banks remain afraid of dealing with trade unions?
An industry wage pact is a bizarre performance appraisal as the benchmark for such a pact is the paying capacity of the weakest of banks
 "Why do banks remain afraid of dealing with trade unions?")
Boost labour income to revive growth
The principal demand impetus for growth comes from the bottom half of income distribution
 "Boost labour income to revive growth")
Wage growth slows to worst rate since 2008 financial crisis: UN report
The latest global wage report from the United Nations agency also found that women worldwide continue to be paid about 20 per cent less than men
 "Wage growth slows to worst rate since 2008 financial crisis: UN report")
