Monday, 23 May 2016

Sydney Morning Herald article: Low pay growth, price rises and the new normal

Related to the last post about asking for a pay rise, this article in the SMH over the weekend states that wages growth is at about 2.1% and inflation at 1.3%.

So this means that any pay rise above 1.3% has you getting a "real" pay rise above the cost of living, and anything over 2.1% is above average. Pretty low numbers which goes to show why you need to negotiate the right pay rate when you start a new role... (this will be the topic of a future post!)

You can read the article here

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