Pay rises are on the way

The Daily Examiner - - NEWS -

NEARLY two-thirds of Aus­tralia’s big busi­nesses are strug­gling to fill job va­can­cies and are flag­ging higher wages to lure new staff while pre­vent­ing cur­rent work­ers from be­ing poached.

The Amer­i­can Ex­press global busi­ness and spend­ing out­look found 63 per cent of Aus­tralian re­spon­dents will need to raise wages this year.

This is well ahead of the global av­er­age of 37 per cent, and more than China, Ja­pan, Hong Kong, the UK and US.

Other mea­sures con­sid­ered are im­proved re­tire­ment ben­e­fits, al­low­ing flex­i­ble work ar­range­ments and im­prov­ing the work en­vi­ron­ment.

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