Topic
pay
Logistics Sinokor Offers Crews Six Months' Pay for Hormuz Round Trips After Tanker Attacks
After two product tankers were abandoned following projectile strikes in the Strait of Hormuz, South Korea's Sinokor Group offered crews six months' additional pay for a one-month round trip. War-risk premiums have climbed to 10% of vessel value, and commercial traffic through the chokepoint has slowed sharply.
Commodities UK North Sea Offshore Workers Reject Pay Offer and Back Strikes at Neo Next+ Energy Platforms
Offshore workers at Neo Next+ Energy's Elgin Franklin and North Alwyn platforms have rejected pay offers of less than 3% and voted for strike action, with the first 24-hour stoppage scheduled for July 22. The dispute involves around 50 Unite union members in key operational roles, and further walkouts are planned on July 29 and August 5, 12, and 19. Unite leadership has called the pay offers "pitiful" and warned the company to resolve the issue before disruptions begin.
AI Boom Drives Surge in Demand and Pay for Industrial Engineers in India's Data Centre Sector
India's AI data-centre boom is driving a surge in demand for mechanical, electrical, and cooling engineers, with salaries ranging from Rs 5 lakh to Rs 1.8 crore annually. Companies including Equinix, AWS, Google, and Schneider Electric are actively hiring for specialised roles like AI infrastructure architects and liquid cooling specialists. According to Avendus Capital, operational data-centre capacity is expected to rise from 1.6GW in 2025 to 5GW by 2030.
Logistics Texas $13M Walmart Settlement Over Spark Driver Pay Alters Last-Mile Contractor Transparency
Walmart agreed to pay over $13.3 million and overhaul compensation communications for its Spark Driver last-mile delivery platform in Texas, resolving allegations of misleading drivers about tips, base pay, and incentives. The settlement, announced by Texas Attorney General Ken Paxton, includes $6.69 million in restitution and a 10-year earnings verification program. Shippers using last-mile platforms should note increased regulatory scrutiny on independent contractor pay.