Demographics and demand for labour are reversing the multi-decade global wage trends resulting in hefty pay hikes & Labour hoarding - as the world ages, real rates, inflation & wage growth pick up. BoE announced 4.0% pay raise for its 5,000-strong staff mainly on competition - Talk of pension age going to 70 & longer working hours in UK. Shunto ends on Mar 13 - hikes of 6.7% ? ). ECB recently singled out wages as the biggest risk. Indian bank staff have their moment.
Wages and Wagers
Wages and Wagers
Wages and Wagers
Demographics and demand for labour are reversing the multi-decade global wage trends resulting in hefty pay hikes & Labour hoarding - as the world ages, real rates, inflation & wage growth pick up. BoE announced 4.0% pay raise for its 5,000-strong staff mainly on competition - Talk of pension age going to 70 & longer working hours in UK. Shunto ends on Mar 13 - hikes of 6.7% ? ). ECB recently singled out wages as the biggest risk. Indian bank staff have their moment.