Wages and salaries

The salary raise challenge

Setting the minimum salary at 950 euros per month, from €780 today, and the average at €1,500 from €1,176.5 in end-2022 and €1,184 in end-May, is one of the key objectives of New Democracy, which is widely expected to win another four-year term in the elections this Sunday.

Wages rising in Japan but inflation eats away at consumer gains

Wages are rising in Japan more than they have in decades, at least for some workers.

But so are prices, leaving many people feeling they must scrimp more than ever.

In May, the consumer price index was up 3.2 percent from a year earlier, well above the central bank's target of about 2 percent.

Serbian February average net monthly wage at 81,359 dinars

BELGRADE - The Serbian average net monthly wage in February was 81,359 dinars, while the average gross wage was 112,212 dinars, according to figures released by the national statistical office RZS.

Average gross and net wages in February were up by 15.2 pct y-o-y in nominal terms and down by 0.8 pct y-o-y in real terms compared to last year.

Walmart lifts wages at US stores again

Walmart announced on Jan. 24 it will again raise pay for hourly staff, an indication of persistent tightness in the labor market for front-line employees despite layoffs in the tech sector.

The retail giant, the biggest private employer in the United States, is boosting the pay range at U.S. stores to between $14 and $19 an hour from the prior $12 to $18 an hour.

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