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Air France KLM narrows losses, warns of turbulence as pilots' pay cut

Air France-KLM said Wednesday it cut its losses in the first quarter of 2016 but passenger traffic to Paris was affected by terror attacks.

Air France KLM narrows losses, warns of turbulence as pilots' pay cut
Israel caps bankers' salaries to $658,000 a year

Israel's parliament passed a law capping the annual salaries of bank executives at $658,000, among the world's toughest such restrictions.

Israel caps bankers' salaries to $658,000 a year
Minister of Finance Bakhyt Sultanov. Photo © Turar Kazangapov
In Kazakhstan salaries depend on labor productivity, not on dollar exchange rate: Minister of Finance

Kazakh Minister of Finance Bakhyt Sultanov said that salaries of Kazakhstanis should not depend on tenge per dollar exchange rate.

In Kazakhstan salaries depend on labor productivity, not on dollar exchange rate: Minister of Finance
Photo courtes of gcmilan.kg
Introduction of across-the-board income and property reporting postponed in Kazakhstan

Introduction of across-the-board income and property reporting has been postponed till 2020 in Kazakhstan.

Introduction of across-the-board income and property reporting postponed in Kazakhstan
Photo © Turar Kazangapov
Teachers to get 50% salary raise in 2016: Kazakhstan Minister of Education and Science

Teachers’ salaries will be increased by 20-50% depending on the qualifications.

Teachers to get 50% salary raise in 2016: Kazakhstan Minister of Education and Science
©Tengrinews
What are Samruk Kazyna board members paid?

Samruk Kazyna just released its financial statement for year 2014 along with wages and bonuses of its top managers.

What are Samruk Kazyna board members paid?
Photo © Turar Kazangapov
Kazakh government confirms wages raise for teachers

Kazakhstan is increasing the salary of teachers from January 1, 2016.

Kazakh government confirms wages raise for teachers
©Turar Kazangapov
Nazarbayev says civil servants should be paid based on performance

President of Kazakhstan says that wages should be paid to civil servants based on performance and that the country provides ample opportunities to hard-working people.

Nazarbayev says civil servants should be paid based on performance
Photo courtesy of nnm.ru
Pregnant oil company employee threatens to jump out of window for non-paid salary

A 5-month pregnant employee of Aktobe-based oil company Lines Jump LLP threatens to jump out of a window because she has not been paid any salary for months.

Pregnant oil company employee threatens to jump out of window for non-paid salary
Umirzak Shukeyev. ©Turar Kazangapov
We do not pay foreigners for nothing: Samruk Kazyna CEO

CEO of Samruk Kazyna National Wealth Fund Umirzak Shukeyev has spoken about the wages of the foreigners employed at the Fund.

We do not pay foreigners for nothing: Samruk Kazyna CEO
Photo courtesy of unikaz.asia
The Best City goes to: Kazakhstan's most livable city

What is the best city in Kazakhstan?

The Best City goes to: Kazakhstan's most livable city
Photo courtesy of zazhstal.com.
ArcelorMittal Temirtau cuts wages by 25% for locals and by 50% for foreigners

ArcelorMittal Temirtau has temporarily reduced the wages of foreign employees by 50 percent and of local personnel by 25 percent.

ArcelorMittal Temirtau cuts wages by 25% for locals and by 50% for foreigners
REUTERS©
President Nazarbayev pledges not to cut down on pension allowances and public sector salaries

We may be unable to increase pensions and salaries, but we are capable of maintaining them at the current level, he assured.

President Nazarbayev pledges not to cut down on pension allowances and public sector salaries
Slovak president hands over salary to the poor, sick

Slovakia's President Andrej Kiska has given his first month's salary to 10 impoverished families, some coping with serious illness, a spokesman said.

Slovak president hands over salary to the poor, sick
©kazakhmys.com
Kazakhmys to increase wages of its workers

Kazakhmys Plc has announced a wages raise for its industrial personnel.

Kazakhmys to increase wages of its workers
The CEO of ArcelorMittal Temirtau Vijay Mahadevan is meeting with personnel. ©ArcelorMittal Temirtau
Largest Kazakhstan companies to increase salaries from April 2014

KazZinc, ENRC and ArcelorMittal Temirtau will increase their employees' wagas by 10% starting from April 2014 because of the 20% tenge devaluation.

Largest Kazakhstan companies to increase salaries from April 2014
©Marat Abilov
Kazakhstan intends to increase salaries and allowances

Salaries of civil employees working in public institutions and social allowances will be increased in Kazakhstan from April 1, 2014.

Kazakhstan intends to increase salaries and allowances
Top French court approves 75% company tax on high salaries

France's top court Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande's drive to limit executive pay at a time of economic hardship.

Top French court approves 75% company tax on high salaries
©Reuters
Average salary to reach $1000 in five years in Kazakhstan

Average salary will make 150 thousand tenge ($980) in five years in Kazakhstan: Minister of Economy and Budget Planning of Kazakhstan.

Average salary to reach $1000 in five years in Kazakhstan
©Tengrinews.kz
Kazakhstan poised to put ceiling on salaries

Kazakhstan is planning to set salary ceilings industry-wise.

Kazakhstan poised to put ceiling on salaries