Workers' wages will continue to grow at about 2.2%, similar to the current WPI, partly because the forthcoming 0.5 percentage point rise in compulsory super payments will be mostly funded by forgone pay rises, according to the RBA.
Growth in private sector rates of pay excluding bonuses is increasing at 2.3% a year, unchanged from the annual rise recorded in the previous two quarters, according to ABS data released today.
Labor has pledged to immediately increase the minimum wage for skilled overseas visa workers to $65,000 - a rise of almost 21% - if it wins the Federal election
A university's decision to slash casual tutors' rates for online student support almost four years into an agreement has been endorsed by the FWC, despite the member observing that the deal's definition of tutorial harked back to his long-gone days at law school.
Growth in private sector rates of pay excluding bonuses has edged up to 2.3% a year, the fastest annual rise in four years, according to ABS data released today.
Queensland employers will have to pay a substantially higher base salary for newly-hired HR and IR managers, according to a remuneration survey released today.
The gender pay gap has dropped from 24.7% to 21.3% over the past five years but many companies are still harbouring an "action gap", with policies in place but no accountability for implementing them, says the Workplace Gender Equality Agency.
Citing more complex demands such as data harvesting, the IEU has in addition to its bid for an equal remuneration order on behalf of 15,000 early childhood teachers now lodged an alternative work value claim to increase salary levels by between 11% and 34%, or to implement a uniform 25% pay rise.
The FWC has today rejected union arguments that a pallet service centre's agreement setting wages for "any person engaged to perform work" extends to labour hire workers.
