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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
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
Photo © RIA Novosti
ArcelorMittal Temirtau and local labor authorites locked in battle over wages cuts

Kazakhstan Labor Inspection has prohibited ArcelorMittal Temirtau to cut wages and the company plans to file a protest.

ArcelorMittal Temirtau and local labor authorites locked in battle over wages cuts
©Reuters
ArcelorMittal Temirtau cuts wages by 25%

ArcelorMittal Temirtau, a steel giant in Kazakhstan, is cutting wages of all its employees by 25 percent starting from August 1.

ArcelorMittal Temirtau cuts wages by 25%
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
©RIA Novosti
ArcelorMittal Temirtau asks workers to yield to wage cuts

ArcelorMittal Temirtau Director General has asked the company's personnel to understand the difficult financial situation and take the 25% wage cuts.

ArcelorMittal Temirtau asks workers to yield to wage cuts
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
©uralskweek.kz
Workers in West Kazakhstan on strike against low wages

Worker of KazStroyService in West Kazakhstan Oblast have gone on strike demanding higher wages.

Workers in West Kazakhstan on strike against low wages
Photo courtesy of ja-realestate.ru
Los Angeles raises minimum wage for hotel workers

Los Angeles voted to raise the minimum wage for its hotel workers to more than $15 an hour.

Los Angeles raises minimum wage for hotel workers
Photo by Yaroslav Radlovskiy©
KazPost manager earns 100 times more than village postman: Senator

A huge difference in wages of general and managerial personnel in Kazakh national mail operator KazPost outrages Senator Dzhalmagambetova.

KazPost manager earns 100 times more than village postman: Senator
Photo courtesy of newskaz.ru
Swiss turn down world's highest minimum wage

Swiss voters on Sunday rejected a proposal to introduce the world's highest minimum wage, which would have guaranteed every worker in one of the world's priciest nations at least $25 an hour.

Swiss turn down world's highest minimum wage
Workers sue McDonald's for stealing wages

US workers accused fast-food giant McDonald's of systematically stealing wages through illicit practices like forcing them to work off-the-clock and failing to pay overtime.

Workers sue McDonald's for stealing wages
Illustration of tengrinews.kz
Kazakhstan to purchase embassy building in Paris

At the Parliament meeting the amendments to the 2014 budget included increase of expenses on a number of state programs.

Kazakhstan to purchase embassy building in Paris
France saves 1bn euros on health insurance spending

At a time of deep austerityacross Europe, France has managed to spend one billion euros ($1.4 billion) less than expected on health insurance last year.

France saves 1bn euros on health insurance spending
Photo a courtesy of Tengrinews.kz
Living wage to be raised in Kazakhstan in 2017

After the controversy around the minimum living wage is Kazakhstan, Kazakhstan Minister of Labor and Social Protection of Population Tamara Duisenova promised to raise the living wage in 2017.

Living wage to be raised in Kazakhstan in 2017
©Reuters/Kevork Djansezian
Walmart to open stores in US capital despite protest

Walmart, the biggest retailer in the United States, is opening its first-ever stores in the US capital -- but some aren't giving it a warm welcome.

Walmart to open stores in US capital despite protest
Tengrinews.kz file photo
Salaries in Kazakhstan still calculated along 1996 rates of remuneration

6 out of 16 regions of Kazakhstan have low standard of living. Increasing living standards without providing adequate remunerations is a joke: Brimbetova.

Salaries in Kazakhstan still calculated along 1996 rates of remuneration
©REUTERS
Expats earn 14 times more than locals in Kyzylorda

A prosecutors check in Kyzylorda has unveiled a huge difference in the salaries of local and foreign employees.

Expats earn 14 times more than locals in Kyzylorda
Official representative of Kazakhstan Minister of Labor and Social Protection Yernur Burakhan. Photo courtesy of flickr.com
Kazakhstan companies checked for labor discrimination

Disproportion of salaries of local and foreign employees was discovered in over 50 companies in Kazakhstan.

Kazakhstan companies checked for labor discrimination