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Motorcycle companies in India’s ‘Detroit’ hit by strike over wages

NEW DELHI: Hundreds of workers at motorbike companies including Yamaha and Eicher Motors are on strike in Chennai, demanding better wages and a right to form unions to defend their interests. Employees said the companies had employed a large number of contract workers to get around rigid Indian labour laws that make it difficult to hire and fire full-time staff and have refused to bring them on company payrolls even after years of contract work. The unrest is the latest to hit the state of Tamil Nadu, dubbed the…

Sri Lanka hikes cricket wages by 34 percent

COLOMBO: Sri Lanka's cricket board on Tuesday increased wages for national players by more than a third after making record profits in 2017. A total of 33 players under contract to Sri Lanka Cricket will also see match fees increase substantially despite dismal results on the field last year. "Sri Lanka Cricket raised the wages of national players by 34 percent for the period of 2018/19, following strong results achieved during the concluded financial year," it said in a statement. It did not give a breakdown of…

Jobs galore but when will wages finally pick up?

In 2014, a few days after she took over as chair of the U.S. Federal Reserve, Janet Yellen admitted that she could not fathom the “very worrisome” trend of weak wage growth for American workers. Now, as she nears the end of her four-year term, the problem remains a mystery, and not only in the United States. In many countries, more people are in work than before the global financial crisis as the world economy racks up its strongest growth since 2010. But pay, which would normally rise more quickly as employers…