The five-year plan, the elevator pitch, and which swanky address for your new office when you’ve made it big. You’ve got everything figured out. Well…everything except for your own wages. As an SME Business Owner, you undertake four kinds of activities for your businesses, and you deserve to be paid well for every one of…
A new trend has developed where many companies that have been manufacturing in China for some time are moving their operations to other countries due to the rising cost of wages. It seems the likes of Bangladesh, Vietnam, Indonesia and Cambodia have become the ‘new Chinas’ for many companies. The higher wage demands in China…
In this week’s Talking Business Analysis, RMIT economist Alberto Posso talks about wages growth and the differential between male and female wages. He observes a sizable gender gap still exists in Australia and looks at some reasons that explain this disparity.
RMIT economist Jonathan Boymal talks about the low wage price increases and cost of living increases.
For three decades, we have all watched China grow into an economic powerhouse – slowly, at first, and now full-fledged – in an unprecedented, consistent, monotonic success story. However, its continued growth might be short-lived, writes Bill Fischer.
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