Employers warned of compensation demands
WORKERS who will lose the ‘‘ living away from home’’ allowance from July 1 may seek more pay from their employer to compensate, warns recruitment firm Robert Walters.
It says 72 per cent of overseas professionals believe that losing the entitlement – cut in the Federal Budget this year – will make it much harder for them to live in Australia.
Three-quarters of those surveyed will seek a pay rise from their current employer to replace the reduced income.
Employers have been urged to use nonfinancial drawcards to help retain the best talent to prove they are wanted, rather than get into a costly remuneration battle with other employers.