Employment compensation http://www.globalpost.com/taxonomy/term/27462/BF_WIDGET_SRC en UPDATE 2-South Africa farm strike called off pending wage review http://www.globalpost.com/dispatch/news/thomson-reuters/130123/update-1-south-africa-farm-strike-suspended-industry-group <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* New minimum wage to be announced next month</p> <p>* Protesters and police clashed since December</p> <p>* Labour unrest swept through South Africa since August (Recasts to add quotes, background)</p> <p>By Wendell Roelf</p> <p>CAPE TOWN, Jan 23 (Reuters) - A strike by farm workers in South Africa in which three protesters were killed and vineyards set ablaze was called off on Wednesday ahead of a review of the minimum wage by the government next month.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130123/update-1-south-africa-farm-strike-suspended-industry-group" target="_blank">read more</a></p> Economics Employment compensation Entertainment Labor economics Social Issues Sociology South Africa South Africa Unrest Thomson Reuters Wed, 23 Jan 2013 08:15:22 +0000 Thomson Reuters 5738185 at http://www.globalpost.com (Blank Headline Received) http://www.globalpost.com/dispatch/news/thomson-reuters/130125/start-retirement-saving-now-or-the-uk-government-may-make-you <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>HBEAT-MESSAGE @ 2013-02-07 11:04:40 +0000. Generated from NTM heartbeat by DTCP-MDRJANM1B.</p> Business Employment compensation Financial services Labor Law Pensions in the United Kingdom Thomson Reuters Fri, 25 Jan 2013 06:15:19 +0000 Thomson Reuters 5739208 at http://www.globalpost.com (Blank Headline Received) http://www.globalpost.com/dispatch/news/thomson-reuters/130204/blank-headline-received-2 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>JAPAN GPIF PUBLIC PENSION FUND CHIEF: CASH NEEDED FOR PENSION PAYOUTS FOR 2013/14 TO BE LESS THAN IN 2012/13</p> Employment compensation Thomson Reuters Mon, 04 Feb 2013 11:30:27 +0000 Thomson Reuters 5745172 at http://www.globalpost.com Pension Insurance Corp takes on insolvent UK pension scheme http://www.globalpost.com/dispatch/news/thomson-reuters/130204/pension-insurance-corp-takes-insolvent-uk-pension-scheme <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Sarah Mortimer</p> <p>Feb 4 (Reuters) - Britain's Pension Insurance Corp is taking over the pension liabilities of the insolvent UK pension fund of Swiss aircraft services firm SR Technics, providing improved retirement benefits for the scheme's 2,500 members.</p> <p>A growing number of so-called "final salary" pension schemes are running into trouble amid rising longevity and low UK government bond yields.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130204/pension-insurance-corp-takes-insolvent-uk-pension-scheme" target="_blank">read more</a></p> Business Disaster Employment compensation Financial services Labor Law Pension Insurance Corporation Pensions in the United Kingdom Thomson Reuters Mon, 04 Feb 2013 12:15:26 +0000 Thomson Reuters 5745239 at http://www.globalpost.com S.Africa hikes farm worker pay by 52% after strikes: minister http://www.globalpost.com/dispatch/news/afp/130204/safrica-hikes-farm-worker-pay-by-52-after-strikes-minister <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>South Africa on Monday raised farm workers' basic salary by more than 50 percent after violent strikes in the fruit-growing Cape region in the south, the labour minister announced.</p> <p>Mildred Oliphant announced the new minimum daily wage will "be pegged at 105 rand ($11.77, 8.68 euro) per day" from March, rising from 69 rand ($7.74, 5.7 euro) per day.</p> <p>"I would urge organised business and labour in the agricultural sector to use this opportunity to come together to find ways of improving labour relations in their sector," Oliphant said.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/safrica-hikes-farm-worker-pay-by-52-after-strikes-minister" target="_blank">read more</a></p> Employment compensation Hospitality Labour relations Socialism AFP Mon, 04 Feb 2013 14:00:53 +0000 Agence France-Presse 5745378 at http://www.globalpost.com UPDATE 2-South Africa raises minimum farm wage after strikes http://www.globalpost.com/dispatch/news/thomson-reuters/130204/update-2-south-africa-raises-minimum-farm-wage-after-strikes <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Minimum wage raised to 105 rand from 69 rand from March 1</p> <p>* Farmers say wage hike will hit business, jobs</p> <p>* Risk of more unrest after vineyards torched, roads blocked (Adds farmer comments)</p> <p>By Olivia Kumwenda</p> <p>PRETORIA, Feb 4 (Reuters) - South Africa raised the minimum wage for farm workers by up to 50 percent on Monday in response to a wave of violent strikes, but farmers said the increase would only cause job losses and more unrest in the major fruit exporter.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130204/update-2-south-africa-raises-minimum-farm-wage-after-strikes" target="_blank">read more</a></p> Economics Employment compensation Labor economics Social Issues Thomson Reuters Mon, 04 Feb 2013 15:00:38 +0000 Thomson Reuters 5745421 at http://www.globalpost.com S.Africa hikes farm worker pay after strikes http://www.globalpost.com/dispatch/news/afp/130204/safrica-hikes-farm-worker-pay-after-strikes <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>South Africa on Monday raised the basic farm workers' wage by more than 50 percent after months of violent strikes in the country's scenic fruit- and wine-growing region.</p> <p>The wage hike comes on the heels of hefty increases won in the mining sector after the industry was rocked by wildcat strikes which killed over 50 people.</p> <p>Labour Minister Mildred Oliphant announced the new minimum daily wage will "be pegged at 105 rand ($11.77, 8.68 euro) per day" from March, rising from 69 rand ($7.74, 5.7 euro) per day.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/safrica-hikes-farm-worker-pay-after-strikes" target="_blank">read more</a></p> Business Employment compensation Hospitality Labor Labor economics Labour relations Law AFP Mon, 04 Feb 2013 17:01:29 +0000 Agence France-Presse 5745576 at http://www.globalpost.com Olympics: Russia rejects Sochi workers abuse claims http://www.globalpost.com/dispatch/news/afp/130206/olympics-russia-rejects-sochi-workers-abuse-claims-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Russia on Wednesday dismissed a rights watchdog's report that workers building sites for the Winter Olympic Games next year in the resort of Sochi were abused and cheated out of their wages.</p> <p>Human Rights Watch said many workers from post-Soviet nations had their passports confiscated and worked 12-hour shifts with few days off as the Kremlin raced to finish Olympic construction with one year to go until the 2014 Games. </p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130206/olympics-russia-rejects-sochi-workers-abuse-claims-0" target="_blank">read more</a></p> Business Employment compensation Entertainment Human resource management Labor Labour relations Law AFP Wed, 06 Feb 2013 13:16:32 +0000 Agence France-Presse 5747517 at http://www.globalpost.com S.Africa farms lay off over 1000 amid forced wage hike http://www.globalpost.com/dispatch/news/afp/130207/safrica-farms-lay-over-1000-amid-forced-wage-hike <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>South African farmers on Thursday said more than a thousand labourers had received dismissal notices, days after the government announced the minimum wage would rise by 52 percent.</p> <p>Employers in one province alone dismissed at least 1,750 farm workers, but lay-offs had started across the country.</p> <p>In Limpopo, labour-intensive fruit farms let go 1,000, Louis Meintjies, head of the farmers association TAU SA told AFP.</p> <p>Agri SA farmers gave notice to another 750, according to the association's executive director Hans van der Merwe.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130207/safrica-farms-lay-over-1000-amid-forced-wage-hike" target="_blank">read more</a></p> Business Economics Employment compensation Labor Labor economics Law AFP Thu, 07 Feb 2013 09:45:43 +0000 Agence France-Presse 5748601 at http://www.globalpost.com REFILE-Start retirement saving now or the UK government may make you http://www.globalpost.com/dispatch/news/thomson-reuters/130207/refile-start-retirement-saving-now-or-the-uk-government-may-mak <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Experts see saving made compulsory in 2017 Pensions Review</p> <p>* Cash-strapped workers opt out of voluntary schemes</p> <p>* Australian, New Zealand mandatory schemes more effective</p> <p>By Sarah Mortimer</p> <p>LONDON, Jan 25 (Reuters) - Britain may soon have to force workers to start saving for retirement to cut a soaring pensions bill set to reach 120 billion pounds in 20 years.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130207/refile-start-retirement-saving-now-or-the-uk-government-may-mak" target="_blank">read more</a></p> Business Employment compensation Financial services Labor Law Pensions in the United Kingdom Thomson Reuters Thu, 07 Feb 2013 11:30:17 +0000 Thomson Reuters 5748692 at http://www.globalpost.com UPDATE 2-Thomas Cook shareholders with 30% protest against pay http://www.globalpost.com/dispatch/news/thomson-reuters/130207/update-1-thomas-cook-says-third-investors-vote-against-pay-repo <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Feb 7 (Reuters) - British travel firm Thomas Cook said investors holding almost 30 percent of its stock voted against its remuneration report on Thursday, in a sign that shareholder anger over soaring executive earnings has not died down.</p> <p>A large number of investors in British companies registered their disapproval of executive pay during the 2012 annual meetings season, an episode known as the 'shareholder spring'.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130207/update-1-thomas-cook-says-third-investors-vote-against-pay-repo" target="_blank">read more</a></p> Business Employment compensation Entertainment Income Management Politics Recruitment Thomson Reuters Thu, 07 Feb 2013 18:15:22 +0000 Thomson Reuters 5749210 at http://www.globalpost.com Dutch ask should older workers earn less? http://www.globalpost.com/dispatch/news/afp/130209/dutch-ask-should-older-workers-earn-less <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>A French multinational's suggestion in the Netherlands to ask older workers to accept pay cuts as a cost-cutting measure has touched a raw nerve as the Dutch economy faces a slowdown and rising unemployment.</p> <p>Unions see the idea doing away with the principle of paying older workers more for their experience as an attack on a fundamental right, while employers see it as a solution to avoid layoffs in a crisis-hit economy.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130209/dutch-ask-should-older-workers-earn-less" target="_blank">read more</a></p> Business Economics Employment compensation Labor Law Management Technology AFP Sun, 10 Feb 2013 03:30:53 +0000 Agence France-Presse 5751493 at http://www.globalpost.com UPDATE 1-Obama proposes raising minimum wage, investing in infrastructure jobs http://www.globalpost.com/dispatch/news/thomson-reuters/130213/update-1-obama-proposes-raising-minimum-wage-investing-infrastr <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>WASHINGTON, Feb 12 (Reuters) - U.S. President Barack Obama proposed on Tuesday to hike the minimum wage by more than 20 percent, invest $50 billion on crumbling roads and bridges and spend $15 billion on a construction jobs program in a bid to boost economic growth.</p> <p>In his annual State of the Union address, Obama urged Congress to support his plan, which would include tax and education reforms that the administration believes would help attract manufacturers back to the United States.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130213/update-1-obama-proposes-raising-minimum-wage-investing-infrastr" target="_blank">read more</a></p> Barack Obama Business Employment compensation Labour law Macroeconomics Politics Thomson Reuters Wed, 13 Feb 2013 15:36:23 +0000 Thomson Reuters 5754601 at http://www.globalpost.com Obama manufacturing, wage push met with some skepticism http://www.globalpost.com/dispatch/news/thomson-reuters/130213/obama-manufacturing-wage-push-met-some-skepticism <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Small businesses push back on $9/hr minimum wage</p> <p>* Energy plan makes no mention of electric vehicles</p> <p>By Ben Berkowitz</p> <p>Feb 12 (Reuters) - President Barack Obama's call for a renaissance in American manufacturing could lead to new jobs down the road, but his push to increase the minimum wage now could be a harder fight, with retail groups and small businesses opposed to the extra cost.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130213/obama-manufacturing-wage-push-met-some-skepticism" target="_blank">read more</a></p> Business Employment compensation Labor Labour law Law Macroeconomics Politics Thomson Reuters Wed, 13 Feb 2013 15:45:06 +0000 Thomson Reuters 5754608 at http://www.globalpost.com ANALYSIS-Economists split on Obama's call to raise minimum wage http://www.globalpost.com/dispatch/news/thomson-reuters/130213/analysis-economists-split-obamas-call-raise-minimum-wage <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Jason Lange</p> <p>WASHINGTON, Feb 13 (Reuters) - U.S. President Barack Obama argues an increase in the federal minimum wage will fight poverty without causing companies to lay off workers. Top economists, however, are sharply divided on that question.</p> <p>For at least a century, academics have debated whether setting a floor for salaries would do more harm than good.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130213/analysis-economists-split-obamas-call-raise-minimum-wage" target="_blank">read more</a></p> Business Employment compensation Entertainment Environment Health Labor Law Macroeconomics Minimum wage Politics Thomson Reuters Thu, 14 Feb 2013 00:31:01 +0000 Thomson Reuters 5755184 at http://www.globalpost.com