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The income gap in Korea widened again in the second quarter, a serious blow to the so-called income-led growth policy of the Moon Jae-in government, which vowed to narrow the inequality in earnings between the rich and poor. According to data released by…
Vietnam’s National Wage Council has proposed a minimum wage increase of nearly $7-9 per month across all four levels in 2019. Overall, the average increase across the four levels will be 5.3 percent. All members of the National Wage Council (NWC) on Monday…
After an internal review of the company’s pay structure, Nike has decided to increase the salaries of about 7,400 employees globally. Ten per cent of the company’s workforce, across all job levels, will have their pay adjusted starting next month said Nike…
A Japanese company will start paying part of its employees’ salaries in Bitcoin, as it aims to get better understanding of the virtual currency, a spokeswoman said on Friday. GMO Internet, which operates a range of web-related businesses including finance,…
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…
Fresh graduates overestimate their chances of getting well-paying jobs in Vietnam, and they’re not alone. A survey conducted by employment site Jobstreet has found that Vietnamese university graduates have salary expectations that are out of sync with the…
The country could become one of the next outsourcing hubs for software development, industry players said. Vietnam’s growing information technology (IT) is seen driving recruitment demand and boost salaries for tech jobs, a recent survey found. As many as 81…
