Wage News

Samsung Electronics's management and its workers have reached a mutual agreement to an average 4.1% pay raise for the year, and freezing raises for its board members due to plunge in profits amid a worsening chip glut and a global slowdown ...

New wage code bill will hamper formal job creation in the country and impact the overall hiring scenario, say experts. The Union Cabinet on July 26 approved the new wage code bill which will ensure a minimum wage across all sectors ...

As the demonetization paving the way to the digital economy, the government also planning to amid currency crunch. The government may bring an ordinance to amend the Payment of Wage Act for allowing business and industrial establishments to pay salaries through ...