wages
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Sunday Penalty Rate Cuts: Why The Justifications Don’t Add Up
Two big claims underpin the decision to cut penalty rates for Sunday workers in the retail and hospitality sectors: that they are no longer needed or relevant, and that they cost jobs. Since 2014, employers have been battling to have these penalty rates cut based on the aforementioned augments. Now that their wish has been…
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Australia’s Minimum Wage Is Getting A (Slight) Boost
The Fair Work Commission has just approved lifting the national minimum wage by 2.4 per cent. This translates to an extra $15.80 per week. We look at when the pay bump kicks in, whether it’s fair and how many people get it.
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The Top 10 Best (And Worst) Paying Jobs In Australia
A joint study by AMP and the National Centre for Social and Economic Modelling (NATSEM) at the University of Canberra has shed new light on Australia’s changing workforce; including the highest and lowest paid occupations. Check out the study’s table to see if it might be time for a career change.
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Myer CEO Makes At Least 10 Times More An Hour Than His Staff
Myer CEO Bernie Brookes was in the news yesterday, complaining that it’s too expensive to employ staff because holiday agreements mean that Myer has to pay at least $62 an hour for the privilege. He argues that being internationally competitive would require paying around one-ninth of that figure. Let’s put this in perspective: on a…