#Wages
SME hiring struggles continue, but wages show signs of improvement, data shows
In December 2022, the average number of employees working for Small and Medium Enterprises in Australia increased by 20.7 points compared to January 2019.
Breaking gender stereotypes: 4 key strategies women need to negotiate higher salary
According to latest WEF’s 2021 ‘Global Gender Gap report’, it will take another 135.6 years to close the gender parity gap.
The $130 billion wage subsidy scheme (JobKeeper payment) explained
A $130 billion wage subsidy scheme (JobKeeper) has been announced by federal government to support businesses during the COVID-19 pandemic. The plan to subside wages, known as the JobKeeper payment, is historic, with Treasurer Josh Frydenberg stating to Sky News this morning that Australia has “never seen income support like this.” Prime Minister Scott Morrison […]
Factory workers underpaid $45,000 over eight years due to computer error
25 Factory workers at Nambucca Heads on the NSW North Coast have been underpaid by a total of $45,000 over eight years. An investigation by the Fair Work Ombudsman discovered that the wages system had been set up incorrectly resulting in miscalculations of leave accruals, leave loading and superannuation entitlements between 2007 and 2015. The […]
Is that a torn note in your till? Melbourne restaurant in hot water for unlawful deductions
A Melbourne fast food restaurant has been officially cautioned by the Fair Work Ombudsman after a random audit discovered a range of unlawful deductions were being taken from staff wages.
Businesswomen who underpaid because minimum pay rates are “just crazy” fined $228,000
A $228,000 fine has been handed down to the operator of a travel services company for underpaying an employee because she thinks the requirement of minimum pay rates is “just crazy”.
Underpaying backpackers leads to $100,000 in fines
Almost $100,00 in penalties has been handed down to a Cairns businessman and his tour company after he was found guilty of underpaying five backpackers.
Tax reform should put everything on the table: PwC
Tom Seymour said the nation would not see housing become more affordable, a rise in job security, and a boost in education if major tax reform were not accomplished.
Security guards allegedly underpaid $94,000
The Fair Work Ombudsman has begun taking legal action against a NSW security contractor for allegedly underpaying 14 security guards almost $94,000.
Australia’s cleaners underpaid $763,000
A crackdown on cleaning contractors has revealed 1,212 of Australia’s cleaners have been underpaid almost $763,000.
Slight rise in wages highlights poorest yearly growth rate since 1997
The slight rise during the December quarter brings the year on year growth to 2.5 per cent, the lowest since the Government records on wages began in 1997.
Unemployment rate still at historic lows
Unemployment has continued to rise, but at a slow pace favoured over a sharp jump, according to economists. The slight rise in the month of November to 5.3 percent reflected a weakening global economy and softening hiring intentions.
Small business to face wage containment struggle
Small businesses look set to face an ongoing struggle to contain wages in 2011, according to the 2011 Australian Institute of Management (AIM) National Salary Survey.
What are your staff worth? Salary checker app
When you’re running a small business it’s vital to manage your fixed costs. Staff costs are possibly the biggest one. You want to pay fairly but not through the nose for your people, but how do you know what your staff are really worth? Digital tools such as the salary checker app for iPhones may help.
How to get ready for the new paid parental leave scheme
After 30 June, 2011, employers will become ‘paymasters’ responsible for distributing funds under the government’s new paid parental leave scheme, with employers urged to make sure they are ready for this added burden before July 1.
Labour price inflation flat in June quarter
Wages only increased by 0.8 percent in the June quarter according to the latest data from the ABS, reducing pressure on the Reserve Bank of Australia to increase rates at its September board meeting.
78% of businesses plan wage increases in 2010
As unemployment figures lowered for a third consecutive month, survey results reveal that the upturn is in full swing for Australia’s privately held businesses and employee salaries are on the up. · Over three-quarters (78%) of Australian business are planning to increase salaries in the next 12 months, compared to the global average of only […]