Logistical’s Post

Japan trucking industry facing workforce crisis? A report released by the Nomura Research Institute has estimated Japan will have 36 per cent fewer truck drivers than needed to meet the nation’s logistical demands by as soon as 2030, as the country both battles an aging population and comes to grips with new industry reforms. An overtime limit of roughly 18 hours per week was introduced in April under pressure to improve working conditions amid a labour shortage. #JapanTruckingCrisis #WorkforceShortage #AgingPopulation #LogisticsChallenges #LaborShortage #IndustryReforms #DriverDeficit #OvertimeLimits #NomuraResearchInstitute #TransportSectorCrisis

Japan trucking industry facing workforce crisis? A report released by the Nomura Research Institute has estimated Japan will have 36 per cent fewer truck drivers than needed to meet the nation’s logistical demands by as soon as 2030, as the country both battles an aging population and comes to grips with new industry reforms. An overtime limit of roughly 18 hours per week was introduced in April under pressure to improve working conditions amid a labour shortage. #JapanTruckingCrisis #WorkforceShortage #AgingPopulation #LogisticsChallenges #LaborShortage #IndustryReforms #DriverDeficit #OvertimeLimits #NomuraResearchInstitute #TransportSectorCrisis

India’s IT sector is booming,🚀 but there’s a growing issue: "overwork without fair compensation". Many employees are forced to work overtime with no extra pay, leading to burnout and poor work-life balance. It's time for a "Payment Per Hour" policy to ensure fair wages, encourage balance, and boost productivity. This change will:💻 1. Ensure fair compensation for every hour worked. 2. Promote work-life balance by curbing excessive overtime. 3. Attract global talent by offering a competitive wage model. 4. Address wage disparities across all levels. Implementing this policy can transform the workforce and set a global example in labor rights. #FairWages #EmployeeWellBeing #WorkLifeBalance #ITIndustry #FutureOfWork #HourlyPay #IndiaTech #OvertimeCompensation #DigitalTransformation #LabourRights #EqualPay #HRTrends #MentalHealthInWorkplace #TechCareers #EmployeeSatisfaction

The 48-hour weekly maximum: what does the law say about the working Time. The 48-hour workweek is a legal standard in India. However, disputes often occur when employers demand longer hours without appropriate compensation. The ambiguity in defining overtime can lead to disagreements over remuneration, with employees feeling exploited when required to work beyond standard hours without receiving legally mandated extra pay. This translates to a maximum of 9 working hours per day. Key points about working hours in India: Maximum weekly hours: 48 hours Maximum daily hours: 9 hours Governing law: Factories Act, 1948

In Poland, more than half of the reported crunch cases (54%) involved employees feeling very or extremely pressured to crunch by their employer or organization. 📉 In contrast, 24% of cases had little or no pressure at all. This highlights the varying degrees of pressure to work overtime that employees experience in the industry. What can be done to alleviate this pressure and promote healthier work environments? 💪 Report Polish Gamedev Workload Survey - January 2024 #NumberOfTheDay

📢 📝October 25, 2024. #GenderPayGap #CRD. The European Banking Authority (EBA) issued an answer on whether overtime pay awarded to staff members should be included in their total gross annual remuneration for the purposes of calculating the gender pay gap. 🔍 Key Takeaways: ▶️ Payments for overtime should not be taken into account for the gender pay gap calculation. ▶️ The answer stems from the principle that overtime pay is for additional hours worked beyond the agreed contract, thus, it does not contribute to the standard measure of pay inequality between genders.   🤷♂️ The So What? ✅ Employers must update their policies on pay remuneraton to comply with EU capital requirements directive. ✅ Under Pay Transparency Directive gender pay gap reporting will be mandatory for employers with: 1) 250+ employees (they report annually from 7 June 2027). 2) 150-249 employees (they report every three years from 7 June 2027). 3) 100-149 employees (they report every three years from 7 June 2031). 📩 Do you have any questions? Feel free to reach out via DMs! :) #AdamanoConsulting #EBA | #Reporting | #Compliance | #Remuneration

🌍 Recently, I attended a class on employee agreements around the globe, led by Deepak Arora Course Anchor at Skill Arbitrage. I learned about various agreements, including the standard employment agreement, consulting agreement, and zero-hour contract agreement. The zero-hour contract, common in the UK, particularly caught my eye. Neither the employer nor the contractor is obligated to provide or accept work—they work at their own will. 💡 In California, I discovered some fascinating facts: - Minimum wage is $16/hour. - Overtime pay is 1.5x for 8-12 hours and 2x after 12 hours. However, employers need strategic measures to prevent abuse of overtime payments, such as defining workloads per standards. Without OT pay, there's a risk of overloading workers. Also, interestingly, both non-compete and non-disclosure clauses are void in California. These insights have expanded my knowledge, and I look forward to diving deeper and sharing more exciting takeaways. Stay tuned! #EmployeeAgreements #ZeroHourContract #CaliforniaLaw #OvertimePay #SkillArbitrage #HR #GlobalWorkforce #LearningAndDevelopment @Deepak Arora

In today's Workplace Minute, sponsored by Paychex, Steve discusses how government officials in Japan are trying to convince companies and workers to adopt shorter workweeks and cut back on overtime and overwork. #Work #WorkLifeBalance ➕ Add the Workplace Minute by H3 HR Advisors Alexa skill or listen here: https://lnkd.in/gAnRZDq8

Expecting to visit some excellent clients and partners in Japan 🇯🇵 next week. WELDON parcel boxes have been great helpful to tackle the "2024 problem," a term used in Japan to describe anticipated truck driver shortages when new overtime regulations go into effect 2024. The Japan government will launch a program to give points to shoppers who choose to have delivery parcels left outside their front doors in order to reduce the workload of delivery drivers. In June 2023 the government set a goal of halving the re-delivery rate, which then stood at 12% or so, to 6% by fiscal 2024. Check home parcel delivery solutions: https://lnkd.in/gCqQ7Rc9 #WELDON #letterbox #mailbox #parcelbox #2024problem #amazon #ecommerce #parceldelivery #rakuten

𝗥𝗶𝘀𝗶𝗻𝗴 𝗟𝗮𝗯𝗼𝗿 𝗖𝗼𝘀𝘁𝘀 𝙂𝙤𝙩 𝙔𝙤𝙪 𝘿𝙤𝙬𝙣? 𝟭𝟴% 𝗦𝗮𝘃𝗶𝗻𝗴𝘀 𝗔𝗿𝗲 𝗔𝗰𝗵𝗶𝗲𝘃𝗮𝗯𝗹𝗲 Spiraling labor costs making you dizzy? According to Reuters, labor costs rose 4.4% year-on-year in the first quarter. 👉 Check out the latest blog https://lnkd.in/g4muVXen to learn how a CPRS client in the EPC-sector uncovered significant non-contractual overtime charges totaling $𝟲𝟳,𝟯𝟴𝟮.𝟴𝟰, a whopping 𝟭𝟴.𝟱% of the invoices submitted and approved.  While the challenge of finding money is made easier by CPRS Pearl™ Software Suite and industry-best Audit Team experience, that’s not the whole story. #RisingLaborCosts #SupplyChain #Construction #Finance #Audit #EPC #CPRSInsights #CPRSBlog #CPRS #TenacityPays