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SsangYong Motor said Monday that it has rehired 60 percent of workers who were sacked amid the carmaker’s restructuring efforts over a decade ago. The maker of the Rexton and Tivoli SUVs has been mired in protracted disputes with those who left the company…
Average New Year bonus given by HCMC firms to an employee is VND3.4 million ($146), 30 percent higher than in 2018. For the 2019 Roman Calendar New Year, bonuses have been significantly higher than in 2018, Le Minh Tan, director of the HCMC Department of…
Vietnam’s labor cost is the highest among comparator countries in Southeast Asia, a World Bank report says. In a report on enhancing enterprise competitiveness and enhancing small and medium-sized enterprise (SME) linkages, it says Vietnam’s labor costs are…
Nike Korea’s revenue is forecast to exceed 1 trillion won ($884.27 million) in 2018. If all goes as expected, it will be the first sportswear company in Korea to achieve that milestone. Nike’s annual revenues in Korea have been rising by around 10 percent…
In its fourth year of running a top employers list for France, Glassdoor has seen several companies — like Thales and Airbus — make a reappearance over the years. This December however, the company that’s been hailed as the best place to work for 2019 is a…
The technology and engineering sectors will see strong growth in human resources demand in Vietnam in the next five years. The growth is forecast by 90 percent of experts polled in a survey recently released by online recruitment website VietnamWorks. The…
Food delivery startup Plum has laid off its entire staff, casting doubt on its continued operations in Singapore and its home market of Hong Kong. According to a report, Plum co-founder Desmond Clinton Cheung, who is also the company’s GM, said full-time…
LG Display said last Wednesday it has installed electronic kiosks in its facilities across the country, helping employees make donations easily. The company said employees can swipe their identity cards on the kiosks and make donations ranging from 1,000 won…
Marriott International has once again been crowned Best Employer Asia Pacific by Aon plc (NYSE: AON). The company was also recognized as Aon Best Employer in 17 markets across APAC – an increase in four markets from last year. The accolades are testament to…
Hyundai Department Store is introducing last-minute measures to comply with the new 52-hour workweek, which goes into effect next week. Korea’s third-largest department store chain is reducing the working hours of its sales staff by one hour, the company said…
Nike’s vice president of footwear Greg Thompson will be the fourth executive to leave the sneaker giant in a week, joining a growing chorus of other vice presidents that have taken their leave recently amid a corporate culture shake-up. Thompson, who has been…
Salaries in Vietnam are rising faster than in any other Southeast Asian country, according to a recent survey released by employment website Jobstreet.com. The average annual growth rate of Vietnam’s payroll stands at 20-24 percent, compared to 14-20 percent…
LeEco may be one of the best-known Chinese smartphone vendors globally after Lenovo, Huawei and Xiaomi, but the company has been in severe financial stress in recent times. The Beijing-based firm recently ventured out of China to establish a global footprint,…
If you’re presently working in the retail line in Singapore, you can expect a greater boost in your salary next year. According to new findings by global professional services firm Towers Watson, retail employees are on track for a 4.5 per cent pay increase…
