Jones Day is a global law firm with more than 2,500 lawyers across five continents. The Firm is distinguished by a singular tradition of client service; the mutual commitment to, and the seamless collaboration of, a true partnership; formidable legal talent across multiple disciplines and jurisdictions; and shared professional values that focus on client needs.
The Australian Bureau of Statistics has reported that rates of pay (excluding bonuses) in the private sector are growing at the slowest rate since the ABS began publishing the Wage Price Index in the late 1990s.
The Australian Bureau of Statistics (the "ABS") has
reported that rates of pay (excluding bonuses) in the private
sector are growing at the slowest rate since the ABS began
publishing the Wage Price Index in the late 1990s. The Wage Price
Index for the March quarter has revealed that rates of pay grew by
2.3 percent annually in the private sector and 2.5 percent in the
public sector, compared with the growth rates of 3.2 percent in the
private sector that were experienced two years ago. The current
figures are the lowest on record.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
