• Low incomes set to benefit from holiday pay boost

    This year’s holiday pay packages are likely to be a disappointment for people earning more than the modal salary, but those on low incomes will get more than last year, according to calculations by salary processor ADP. Holiday pay is traditionally paid out in May, but the amount changes every year along with shifts in income tax and tax discounts that depend on the individual’s own situation. This year, people on the modal salary of €3,395 per month will take home €19

  • 'Worst ever': low-income earners hit by soaring rents

    The Australian dream of owning your own home is being “crushed” by rising rents and over-inflated house prices, a new report finds. After reviewing more than 45,000 rental listings, Anglicare Australia’s rental affordability report has declared the market the worst it has ever been. “This is not hyperbole,” the report released on Tuesday said. “This […]

  • Minimum Wage: Amid hardship, workers’ hopes for pay rise by May Day dashed

    There are strong indications that workers will wait for a longer time to receive a new national minimum wage as negotiations have stalled amid excruciating economic hardship and mass suffering in the country.

  • Spotify swings to profit; paying subscribers rise

    Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter. The company posted a "new quarterly high" operating profit of 168 million euros ($179 million) -- a turnaround from a loss of 156

  • CEOs Got Raises As They Cut Workers’ Pay

    New data show the corporate pay gap is widening — now lawmakers are proposing a crackdown.

    • KHON2

    Food prices and rent continue to rise for Honolulu residents

    Food and housing costs are the top expenses that continue increasing for Honolulu residents, eating at restaurants increased by more than 7% over the last 12 months, while rents have increased by 11%.

  • Private sector rents continue to rise as supply falls

    The average rental price for a private sector home rose further in the first quarter of 2024, reports housing platform Pararius. According to the platform, the increase is due to the strong demand for rental properties, while the supply is becoming increasingly scarce as more and more rental properties go up for sale.

  • Low-Income Consumers Choose Retailers Over D2C When Shopping Online

    When low-income shoppers tap digital channels, they prefer to shop with retailers rather than going straight to brands’ eCommerce shops, trusting stores to offer them the best price. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces,” which drew from a survey of more than […]

  • Summer heat takes toll on gig workers; the rise of Airchat

    Happy Monday! A shortage of delivery executives amid soaring temperatures is becoming a major concern for ecommerce companies. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ HCLTech CEO sees headwinds for Q1■ Indian firms rush to hire AI chiefs■ India to turn manufacturing hub: Siemens For ecommerce, heat wrings out the worst of worries 109675470Sweltering heat across major cities in India are worsening the shortage of gig workers across food delivery and quick...

  • How US Changes to ‘noncompete’ Agreements and Overtime Pay Could Affect Workers

    For millions of American workers, the federal government took two actions this week that could bestow potentially far-reaching benefits. In one move, the Federal Trade Commission voted to ban noncompete agreements, which bar millions of workers from leaving their employers to join a competitor or start a rival business for a specific period of time. […]

  • How US workers could be affected by changes to 'noncompete' agreements and overtime pay

    For millions of American workers, the federal government took two actions this week that could bestow potentially far-reaching benefits. In one move, the Federal Trade Commission voted to ban noncompete agreements, which bar millions of workers from leaving their employers to join a competitor or start a rival business for a specific period of time. The FTC's move, which is already being challenged in court, would mean that such employees could apply for jobs they weren’t previously eligible to...

    • WTOP

    How US changes to ‘noncompete’ agreements and overtime pay could affect workers

    NEW YORK (AP) — For millions of American workers, the federal government took two actions this week that could bestow potentially far-reaching benefits. In one move, the Federal Trade Commission voted