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Top News In செலுத்த சரிபார்ப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇ Today - Breaking & Trending Today

Women in trades make half as much as men, report says

The Globe and Mail
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Frank Gunn/The Canadian Press
Men with trades certificates have some of the highest earnings among workers early in their career, but their female counterparts lag far behind, making only half as much, according to findings of a new labour market report.
The report, by the non-profit Labour Market Information Council (LMIC) and the Education Policy Research Initiative (EPRI) based at the University of Ottawa, used Statistics Canada data to shed light on the earning potential of people in the trades as compared with white-collar workers. Its findings show while a trade offers men an early, lucrative start to their careers relative to other workers, women in the trades are concentrated in the ....

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Stock awards boost 2020 compensation for Hanesbrands' first-year CEO

Hanesbrands chief executive Stephen Bratspies, who took over his new duties on Aug. 3, received $4.83 million in total compensation for fiscal 2020.
Contributed
The fiscal 2020 compensation for Hanesbrands Inc.âs chief executive Stephen Bratspies was heavily tilted â as expected â toward stock and stock options awards, the company said in a regulatory filing Tuesday.
Bratspiesâ total compensation was $4.83 million.
Hanesbrands is the lone publicly traded corporation with headquarters in Winston-Salem, as well as the cityâs only Fortune 500 company. The manufacturer has about 2,500 employees in Forsyth County.
Bratspies took over as chief executive on Aug. 3 already eligible for more than $2.8 million in equity awards. The company said the equity awards were granted âto induce Bratspies to commence employmentâ on his starting date. ....

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Fashion brands urged to fix 'broken industry' with pledge on workers' pay

3 Min Read
DHAKA (Thomson Reuters Foundation) - Fashion brands should fix their “broken industry” by ensuring millions of pandemic-hit workers receive their full wages and by guaranteeing severance pay if jobs are cut, a coalition of more than 200 rights groups said on Monday.
The #PayYourWorkers campaign said brands and retailers that made a profit in 2020 - like Nike, Amazon and Next - could stop garment workers “going hungry” and set up a severance fund by paying manufacturers the equivalent of $0.10 more per t-shirt.
“This is the minimum brands should do on the way to the living wages which must become the standard of a post-pandemic recovery,” said Ineke Zeldenrust from the Clean Clothes Campaign, a coalition member. “This proposal is achievable.” ....

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Buffett's Berkshire opposes shareholders' climate change, diversity proposals

3 Min Read
(Reuters) - Warren Buffett’s Berkshire Hathaway Inc on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion.
FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan
The proposals were disclosed in Berkshire’s annual proxy filing, ahead of the Omaha, Nebraska-based company’s scheduled May 1 annual meeting.
Berkshire also said Buffett’s compensation in 2020 totaled $380,328, comprising his usual $100,000 salary plus $280,328 for personal and home security. ....

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P2.3B separation pay released to displaced PAL workers

SunStar
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March 13, 2021
THE Department of Labor and Employment (DOLE) - National Capital Region (NCR) said it oversaw the issuance of separation pay amounting to P2.3 billion to nearly 1,500 employees retrenched by Philippine Airlines (PAL).
A total of 1,455 retrenched workers of the flag carrier Philippine Airlines (PAL) received their separation pay worth P2,315,477,240.00, DOLE-NCR said in a statement.
The affected workers were either voluntarily and involuntarily separated from the company.
The DOLE-NCR also noted that the original retrenchment plan announced in February involved 2,300 employees.
However, PAL management decided to retain 845 workers. (HDT / SunStar Philippines) ....