ARTICLE · 12 JUNE 2018

Enterprise agreement wage growth trends

Colin Biggers & Paisley

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Employers should be aware of industry wage growth trends and prepare an industrial strategy before enterprise bargaining.

AustraliaEmployment and HR

Paul O'Halloran

In brief - Employers should be aware of industry wage growth trends and prepare an industrial strategy

Many employers are currently experiencing the financial implications of being locked into unproductive and costly enterprise agreements that were negotiated in more profitable times. While the current industrial climate makes it extremely difficult to wind back benefits contained in existing enterprise agreements, employers should benchmark industry wage growth trends during the next round of enterprise bargaining to ensure pay demands from employees and unions are not unrealistic and to attempt to retain a competitive edge.

Recent industry wage growth data reported by Department of Jobs and Small Business

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