Latest news with #salaries
BBC News
2 days ago
- Business
- BBC News
Premiership spending drops - but fly-halves earn big
Fly-half remains the best paid position in rugby union's Premiership, while scrum-half is the lowest in the latest Premiership Rugby salary cap report show senior player salaries dropped by 11.4% between the 2022-23 season and there was a 14.5% increase in academy players' salaries, indicating a shift towards investing in homegrown latest salary cap report, external covers just the 2023-24 season, not the current 2024-25 campaign which soon ends. Most positions have seen an average drop in salary, but fly-half, back-row and hooker all saw average with the highest-paid to the lowest, the positions are ranked: fly-half, back-row, centre, lock, prop, full-back, hooker, wing and mean average for a fly-half was up to £231,182 and for a scrum-half £119, squad sizes are down from an average of 47 to 43 and the income of players with more than 50 international caps went down by an average of almost £22,000. What is an excluded player? Each of the 10 Premiership clubs can have one player not included in the salary cap. They are known as the 'excluded player', sometimes also called the 'marquee player'.The average income of an excluded player was £569,531 - up from £510,005 in report notes that "excluded players are not always the highest-paid players."It adds: "The average income of the top 10 earners during the 2023-24 season was £609,177 and three of the 10 excluded players were not in the top 10 earners."The salary cap report is produced at the conclusion of an annual audit of all 10 Premiership clubs, conducted by an independent accountant appointed by Premiership have to provide access to the likes of player contracts, commercial contracts and invoices. Salary cap director Andrew Rogers also conducts interviews with selected players and officials at every winners of the Premiership, which in 2024 were Northampton Saints, are always subject to an extended audit. This involves the use of "forensic technology" to assess communications between players and club staff and includes working through emails as well as WhatsApp and text report commended Northampton on their approach and support of the extended audit process.
Reuters
4 days ago
- Business
- Reuters
Kenyan shilling steady as horticulture FX flows meet demand
NAIROBI, May 28 (Reuters) - Kenya's shilling was largely unchanged against the dollar on Wednesday, as dollar inflows from companies converting the U.S. currency to pay salaries, particularly in the horticulture sector, met demand, traders said. At 0715 GMT, commercial banks quoted the shilling at 129.00/50 compared with 128.95/129.45 at Tuesday's close.
Malay Mail
4 days ago
- Business
- Malay Mail
Graduating from a Singapore university? Survey shows private grads lag in jobs, pay gap widens
One in four private university graduates working part-time or jobless Nearly 80 per cent of public university graduates landed full-time jobs within six months Median monthly pay for full-time employees at S$3,500 in 2024, compared to S$3,400 in 2023 Best earners are IT graduates with a median salary of S$4,080 (RM14,280) SINGAPORE, May 27 — Fewer than half of private university graduates in Singapore secured full-time jobs this year, reflecting a cooling job market despite marginally better pay. Only 46.4 per cent landed full-time work in 2024, down from 58.7 per cent last year, The Straits Times reported today, citing findings from the Private Education Institution Graduate Employment Survey by SkillsFuture Singapore released on April 26. More took on part-time or temporary roles, rising to 24.2 per cent from 18.9 per cent in 2023. Freelancing dipped to 4.2 per cent, while overall employment – including part-time and freelance – fell to 74.8 per cent, from 83.2 per cent last year. Salaries inched up, with the median monthly pay for full-time hires at S$3,500 (RM12,250), compared to S$3,400 (RM11,900) in 2023. Graduates from Parkway College and ERC Institute earned the most at S$4,000 (RM14,000), followed by SIM grads at S$3,600 (RM12,600). But they still lag far behind their peers from public universities like the National University of Singapore (NUS) and Nanyang Technological University (NTU), who earned a median of S$4,500 (RM15,750). Nearly 80 per cent of public university grads secured full-time jobs within six months, with just 1.6 per cent freelancing. Polytechnic graduates saw a salary bump to S$3,000 (RM10,500) after serving in Singapore's national service, from S$2,963 (RM10,370) last year. The survey covered 3,500 graduates from 27 private institutions, including James Cook University and PSB Academy. Of these, 2,300 were in the labour force, defined as working or actively job-hunting. A worrying 28.3 per cent were either unemployed or stuck in involuntary part-time or temp jobs – far higher than the 10.7 per cent rate for public university graduates and 7.2 per cent for polytechnic graduates. Engineering graduates from private institutions fared best, with 55.3 per cent in full-time roles, followed by science graduates at 51.8 per cent. Information and digital tech graduates earned the highest median salary at S$4,080 (RM14,280), followed by those from the humanities and social sciences at S$3,500 (RM12,250).
Yahoo
5 days ago
- Business
- Yahoo
Why It Pays to Switch Jobs in HK
Recruitment agency Michael Page's latest survey shows low or stagnant salaries remain the top driver for resignations among Hong Kong professionals. The agency's managing director, Olga Yung, says employees who switch companies have seen bigger pay increases than those who choose to stay with their current employers that offer regular - if marginal - adjustments. She discuses that and other hiring trends in Hong Kong's finance sector on "Bloomberg: the China Show". Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
5 days ago
- Business
- Bloomberg
Why It Pays to Switch Jobs in HK
Recruitment agency Michael Page's latest survey shows low or stagnant salaries remain the top driver for resignations among Hong Kong professionals. The agency's managing director, Olga Yung, says employees who switch companies have seen bigger pay increases than those who choose to stay with their current employers that offer regular - if marginal - adjustments. She discuses that and other hiring trends in Hong Kong's finance sector on "Bloomberg: the China Show". (Source: Bloomberg)
