Among the recommendations laid out by the National Wages Council (NWC) on Nov 11 was a 5.5% to 7.5% rise in gross wage, or an increase of at least $105 to $125, whichever is higher, for lower-wage workers. This applies to all lower-wage workers earning a gross monthly wage of up to $2,700. https://asia1.news/4qUcU3f #sgnews #singapore #wage #labour | AsiaOne

The September jobs report is in and CBS News' Kelly O'Grady is at the New York Stock Exchange, reporting on the numbers. While more jobs were added in September than expected, there are a couple points of concern. Hourly wages only rose 0.2%, and the annual number was above inflation, but was flat. And the unemployment rate ticked up to 4.4% – the highest we've seen it since October 2021. | CBS News

Walmarts turnover is now over 70% of employees annually. Costco is now under 7% turnover. This shocking differ nice to two of America’s biggest retailers shows the power of paying people a good wage, offering benefits, and showing genuine employee appreciation. Employers, you may save money on the front end with cheap wages, but you will pay far more in turnover and lost customer loyalty. #costco #walmart #mattrieck #employeeretention #turnover | Matt Rieck