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Major Japan Firms Agree To Big Wage Hikes Amid Labor Shortages

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As annual “shunto” or “spring labour offensive” negotiations at top firms concluded on Wednesday, electronics conglomerate Hitachi said it had agreed to a record 6.2% rise, which marked the sharpest increase in 33 years and enabled the central bank to exit its decade-long super-loose monetary policy.

Suppliers 237
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The Intimidation Factor: How Fear Influences Women’s Wage Negotiations

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A survey conducted by ResumeBuilder of full-time workers found that 49% of men negotiated their compensation in the last two years compared to 32% of women. Women can fight for themselves in the salary negotiation process by doing their research and being confident in their experience and abilities.

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Do Pay Transparency Laws Actually Matter?

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In fact, between February 2020 and February 2023, the proportion of job ads with salary information grew from 18.4% Policy goals Pay transparency laws are regulations that require employers to disclose information about employee compensation, either to the employees themselves or to the public. As more U.S.

Salary 306
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Employers and Employees Remain at Odds Over Return-To-Office Policies

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The figure stems from a study conducted by Eagle Hill Consulting , which surveyed 1,350 employees across the United States in October 2023. This could lead to increased turnover, a reevaluation of job offers, and a greater emphasis on work-life balance in employment negotiations.

Policies 130
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3 Awkward Money Conversations in the Workplace and How to Navigate Them

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One option is to consider developing a policy that dictates when you’ll contribute, and sharing the terms of that policy when asked. Research by Indeed determined that “the share of US job postings on Indeed advertising employer-provided salary information more than doubled between February 2020 and February 2023, rising from 18.4%

Salary 246
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Strike Over, But Dockworkers’ Fight Against AI and Automation Persists

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A key sticking point in the negotiations for a new six-year labor contract is automation. “We The BCMEA and ILWU Local 514 have been negotiating on an industry-wide basis since November 2022. The workers and port operators agreed to extend their contract to Jan. 15, 2025, while talks continued.

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U.S. Bans Non-Compete Agreements, Sparks Lawsuit Over Landmark Change To Employee Rights

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The FTC initially announced that it was seeking to ban noncompete clauses in January 2023. A ban on non-compete agreements is expected to empower workers, and has notable impact on executives, which typically have strict noncompete policies , allowing them to freely pursue career opportunities and negotiate better compensation packages.

Legal 147