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India: Thousands Tamil Nadu government workers protest over pension scheme, wages and jobs; Australia: Antarctic research vessel officers’ and engineers’ campaign for higher wages; New Zealand union cancels port workers’ pay strike. ....
From 6.15 million cumulative employees on the payroll of ET-500 companies at the end of FY19, the total number of employees rose to nearly 7.1 million at the end of FY23. While the cumulative revenues of ET-500 companies grew at a compound annual growth rate of 12.6% during these five years, the staff cost increased at a similar clip of 12.5%. ....