‘Stressful’: Pay rise Aussies need revealed

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Nicole Gorton News

Health Insurance,Benefits Employers Offer,Work Setups

Australians were hit with the bad news that inflation came in hotter than expected in the first three months of the year – dampening hopes for interest rates to be slashed – but also exposing their desperate need for a pay rise to keep up with cost of living hikes.

The country’s cost of living crisis isn’t fading away any time soon after inflation still remained high, leaving people scrambling to find more money.

“If you haven’t job hopped or your boss hasn’t increased your wages to keep pace with inflation in the past year, a common case for many working Australians, you might need to take matters into your own hands to offset the shortfall,” said Canstar’s group executive of financial services Steve Mickenbecker.

Australian employees are expecting to be compensated for their work arrangements, whether they attend the office or work from home. “Employees no longer see some benefits as an extra but rather an expectation,” said Robert Half director Nicole Gorton. “Benefits can be an important differentiator for employees when it comes to accepting a job offer and looking to work elsewhere, particularly when the salary isn’t spot on,” said Ms Gorton.

Source: Loan Digest (loandigest.net)

Health Insurance Benefits Employers Offer Work Setups Leave Entitlements Australian Bureau Of Statistics Car Insurance Benefits Program Superannuation Contributions Increase Forecast Market Expectations Grocery Shop Sarah Sharples Annual Headline Inflation Means Inflation Interest Rate Cut Phone Plans Company Equipment Work Arrangements Strata Manager Pay Rise Income Earners Home Loans Home Office Equipment Benefits Employees Job Offer Consumer Price Index People Earning Rateshigher-Than-Expected Inflation Figures

 

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