wages
-
Australia’s New Minimum Wage Is $740.80 Per Week
The Fair Work Commission has announced a new national minimum wage of $740.80 per week – or $19.49 per hour – after a review by its expert panel. The 3 per cent increase is lower than last year’s decision and well below the 6% increase advocated by the Australian Council of Trade Unions. Here are…
-
How ‘Shadow Equity’ Can Get Your Wages Back On Track
For the past half-decade Australian wages have barely moved after adjusting for inflation. In the United States the picture is far bleaker — the real wages of average workers have changed little in 40 years. Not so for US chief executives. In 1965 the heads of America’s 350 biggest companies earned 20 times what the…
-
Don’t Expect A Pay Rise Anytime Soon, Warns Westpac
Westpac has some bad news for Australian workers hoping for a decent pay rise. While wage growth may start to pick up in the quarters ahead, Westpac says there is very little for workers to get excited about.
-
Ask LH: How Can I Report Underpaid Work Anonymously?
Dear Lifehacker, I have recently taken on a new job and began frequenting a nearby cafe. The cafe employs a lot of people from overseas and after talking with a few of them, I discovered they are being grossly underpaid, and mostly paid cash in hand. They are all in Australia on either student or…