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‘Salary standoff’ likely as pay and cost of living diverge

Latest Robert Walters salary survey shows employees expect pay to keep pace with inflation – employers say it can’t.

Robert Walters MD Australia and New Zealand Shay Peters speaks with Dita De Boni.

Dita De Boni Fri, 02 Dec 2022

The job market’s fluctuations have always been tightly intertwined with the broader economy, with central banks preferring a slow pace of wage gain to help keep inflation down and fewer job openings, meaning the supply demand equation for labour is about right.

In the US, news out yesterday showed

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‘Salary standoff’ likely as pay and cost of living diverge
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