Large numbers of retail employees covered by agreements approved in the second half of last year face wage freezes if employers succeed in their campaign for a coronavirus-driven pause in minimum pay rises such as that adopted during the GFC, new Attorney-General's Department data on bargained wage rises reveals.
As some employers suggest that FWC's minimum wage panel might need to freeze or cut minimum pay due to the coronavirus crisis, the UK has lifted its wage floor to 60% of the median.
Growth in private sector rates of pay excluding bonuses remained stagnant at the end of last year, but continued to outpace inflation, according to ABS data released today.
An FWC-commissioned study probing the characteristics of low-paid award-reliant workers and their propensity to move to a better paying job has suggested that policymakers need to focus on helping older, less-educated employees to obtain higher incomes.
Tracing a trajectory between the 1998 waterfront dispute and today's "neutering" of union power, an IR academic has outlined how the nation might rebalance the IR system to allow workers to effectively agitate for higher wages.
Growth in private sector rates of pay excluding bonuses has dropped to 2.2% a year, after being locked at 2.3% for 12 months, according to ABS data released today.
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.
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.
Average wage increases in private sector agreements approved in the September quarter have reached 3% a year for the first time since 2016, according to Jobs Department data released today.
