Employees in the Ontario government are enjoying a wage premium and receiving more generous benefits over their private sector counterparts, a new study by think tank the Fraser Institute says. Published on Jan. 24, the study finds that the wages of government workers in Ontario are 34.4 percent higher, on average, than wages in the…
Ontario Government Workers Enjoy Nearly 11 Percent Higher Wages Than Private Sector Counterparts: Study
Promised Aged Care Wage Rise Could Be Spanned Out
Pay rises given to aged care workers could be “stepped out” over a period of time, Aged Care Minister Anika Wells says. Wells was speaking from Brisbane during a visit by the Acting Prime Minister Richard Marles, where she said there was modelling on how much a wage increase would cost, but it was “hypothetical”…
UK Central Bank Chief Urges People Not to Ask for Raises to Fight Inflation
February 4, 2022
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Andrew BaileyBeating InflationBusiness & Economyhigher wageinflationThe Bank of EnglandUKwage-price spiralWorld
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The Bank of England governor has recommended workers not to demand pay raises as the country battles decades-high inflation, and wage increases as such could result in a wage-price spiral that will end up hurting the economy even more. “I’m not saying nobody gets a pay rise, don’t get me wrong, but I think, what…
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