Gap is matching funds of any eligible Gap employee who donates to the aid group Mercy Corps in response to the devastating earthquake that recently hit Nepal and the surrounding area, the US fashion giant said on Saturday. The disaster has injured over 8,000 people and killed more than 4,400 by Tuesday.
"Gap Inc. and our employees extend our deepest sympathies to the victims and the families of all those affected by the devastating earthquake in Nepal, and those impacted across South Asia," the company said in a statement.
Cosmetics maker Shiseido Co. will promote some 2,000 beauty consultants now employed on fixed-term contracts to regular employee status through qualification tests by 2017.
It comes as Shiseido's group operating profit for the year to March 31 plunged 44.4 percent from the previous year to JPY27.6 billion (USD232.2 milion) due to a sales slump following last April's consumption tax hike and a rise in personnel costs.
Two years after the deadly collapse of the Rana Plaza complex, employees in Bangladesh's garment sector still face exploitative and dangerous working conditions despite government labour reforms, Human Rights Watch (HRW) said on Wednesday.
Australian supermarket chain Coles has announced that it will establish a Nurture Fund to help small Australian food and grocery producers, farmers and manufacturers to innovate and grow their business.
Through the Coles Nurture Fund, Coles will allocate AUD50 million (USD39m) over five years in grants and interest-free loans to fund the development of new market-leading products, technologies and processes.
Southeast Asia's leading ecommerce player Lazada is offering Hong Kong and China-based brands and merchants the opportunity to expand their businesses to the fast-growing region. Launched in the first quarter of 2012, Lazada Group operates Lazada, the leading online shopping and selling destination for assorted merchandise in Southeast Asia, with presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Its operations also extend to Hong Kong, which functions as a sourcing hub.
Chinese employers are offering a bigger pay rise for fresh college graduates than for experienced workers this year as salaries remain the biggest concern for young workers, separate industry reports revealed yesterday.
Recruitment portal 51job.com found employers are offering 10 percent higher salary for fresh graduates this year than last year, according to its survey of 263 companies with more than 2,000 employees each.
Malaysia last week implemented a six percent consumption tax aimed at plugging a leaky tax-collection system and addressing a widening fiscal deficit, but which has sparked opposition protests over the past year.
The government and economists say the Goods and Services Tax (GST) will help address an inadequate revenue-collection system under which income tax is currently paid by only an estimated 11 percent of registered companies and 14.8 percent of employees.
McDonald's said Wednesday it is raising pay for workers at restaurants that the company owns. Here's a look at all the big companies that recently have announced they are boosting hourly wages for their employees:
In February Wal-Mart Stores Inc., the largest private employer in the US, said it will boost its minimum pay to $9 an hour in April and to $10 by February 2016. That means 500,000 employees will get a raise.
The former chief executive and founder of hipster clothing brand American Apparel, Dov Charney, is claiming USD40 million in damages for a breach of employment contract, his attorney said.
The company's board ousted Charney in December, six months after suspending him, for allegedly misusing funds and helping spread improper photos of a former employee.
With most players in the sector looking to aggressively ramp up their teams, Indian mobile commerce platform Paytm plans to double its employee base in FY16 from around 3,000 currently. The company has added around 1,500 persons to its total headcount in FY15.