Secret bosses' business

Former JC Penney chief Ron Johnson had the highest chief executive-worker pay multiple of S&P 500 firms last year. Photo: AP

Former fashion jewellery saleswoman Rebecca Gonzales and former chief executive Ron Johnson have one thing in common: JC Penney no longer employs either.

Thursday, 2 May, 2013, 3:47am

Wages strike by Lufthansa staff grounds 1,755 flights

An empty terminal with a sign reading "Warning - Strike" at Munich airport during the action that grounded Lufthansa flights. Photo: AP

Nearly 150,000 passengers were affected as Germany's largest airline Lufthansa suspended almost its entire service for a full day because of a pay strike.

23 Apr 2013 - 3:27am

The price of freedom

Illustration: Emilio Rivera

Does it ever feel like all your money disappears on bills? That you are not really working for yourself at all, but rather for your landlord, a host of utility companies and the local food store?

9 Apr 2013 - 4:42am

Business launches salvo over work limit

Labour Advisory Board suggested setting standard working hours at 46 to 48 hours weekly and that people in more physically demanding, low-paid jobs, such as cleaners, should be paid 1.5 times the hourly wage for overtime work.

A coalition of over 50 business associations is planning to take out advertisements to spell out their objections to the introduction of standard working hours.

4 Apr 2013 - 5:11am

Wage increases part of approved income distribution plan

Wen Jiabao

The State Council on Tuesday approved long-delayed guidelines to reform the mainland's income distribution system, under which wages will be raised and state-owned enterprises will be required to hand over a greater share of their profits.

6 Feb 2013 - 5:30am

Why Hong Kong needs working hours law

Lawmaker James Tien Pei-chun. Photo: K. Y. Cheng

Legislator James Tien Pei-chun, in RTHK's Letter to Hong Kong, on January 20, urged our chief executive to look at "using imported labour specifically to build government public housing".

30 Jan 2013 - 2:13am

Japan faces wage hurdle in bid to end deflation

A central bank survey found most people disliked price rises.

A decade and a half after Japan slumped into deflation, the central bank is set to signal its strongest effort yet to reverse the trend. The biggest challenge may be that the nation has come to rely on falling prices.

19 Jan 2013 - 5:12am

Work-cheap model hits Singapore inflation wall

Higher prices are pressuring wages in Singapore. Photo: AFP

When dozens of Chinese bus drivers held Singapore's first strike in 26 years last week, the island deported the perpetrators. Getting rid of the soaring prices that are emboldening calls for higher wages won't be as easy.

Rising housing, transport and business costs have given the city state the fastest inflation among the developed world's biggest economies.

7 Dec 2012 - 3:23am

Salary growth slows in China

The companies who put up these job advertisements in Zhuji in Zhejiang province can expect slower wage growth this year. Photo: AFP

Mainland wage gains have moderated on weaker corporate profits, capping consumer demand as the government seeks to sustain a rebound after a seven-quarter economic slowdown.

27 Nov 2012 - 4:21am

City Digest

Plan to boost minimum and maximum MPF caps

15 Jun 2011 - 12:00am

City Digest

Teachers perform poorly in writing, speaking tests

26 May 2011 - 12:00am

Minimum wage law a step in the right direction

It's a landmark day for Hong Kong, land of the free market: the minimum wage law takes effect. Not that long ago, this wouldn't have seemed possible. Yet this Labour Day, the most fitting of occasions, has dawned with every employee guaranteed pay of at least HK$28 an hour.

1 May 2011 - 12:00am

Wage law's loopholes invite more policy ills

Most people are neither employers nor low-wage employees so they probably haven't paid much attention to the detail of the minimum wage discussions.

But the events of the past few weeks should have forced a rapid revision of that rather laid-back stance. Because the pickle the government is now in is threatening other areas of public policy.

18 Apr 2011 - 12:00am

Quirk in minimum wage law means HK$28 is really HK$44

At some point in the next few weeks the government is likely to announce that Hong Kong's minimum wage due to come into effect next year will be HK$28, or perhaps even HK$29, an hour.

28 Oct 2010 - 12:00am

Noble legislator wants to protect the poor by keeping them that way

We have an obligation to protect the less powerful

Tommy Cheung, legislator (catering) Letters to the editor, August 11

What a noble sentiment. How wonderful to know that we have a functional constituency representative who bears in mind not only the narrow interests of restaurant owners, but also his responsibility to the poor and needy.

15 Aug 2010 - 12:00am