Village Roadshows wage offer of 3.25% ,2.5% & 2.5% to warehouse staff at the Prestons Distribution Centre in Sydney’s west is way below the Australian average. While demanding above average preformance from their staff , Village Roadshow bosses wan,t to offer below average wage rises, for their efforts. Private sector wage offers in enterprise agreements averaged 4.00%.(read story below)
THE economic slowdown and rising unemployment has resulted in a cut back in wage growth under enterprise bargaining agreements, government data shows.
The total average annualised wage increase through enterprise bargaining agreements fell 0.7 per cent in the three months to June from the previous quarter to 3.9 per cent, data released by the Department of Education, Employment and Workplace Relations today shows.
Private sector wage agreements fell 0.6 per cent to an annualised rate of 4.0 per cent, while in the public sector they fell 0.4 per cent to 3.9 per cent.
The outcomes are comfortably inside the Reserve Bank of Australia’s perceived “line in the sand” for wages growth of 4.5 per cent.
The minutes of the central bank’s September board meeting said there were clear signs of wage moderation in the economy that would help to contain inflation in the near term.
Below average wages haa more like poverty line .
I think we are what they call
THE WORKING POOR
By: dayshift on October 9, 2009
at 2:46 am