Business owner gives workers 20 per cent pay rise to help them with the rising cost of living

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He has given all his 45 workers a 20 per cent pay rise and has introduced a new incentive scheme, offering them the chance to earn regular cash bonuses. 9News

"One of my workers told me that his rent has gone up by more than $100 a week."

Cutting back on storage space and changing suppliers are some of the ways he managed to make savings. As well as empathising with his workers trying to support themselves and their families, Efrat said he believed having happy employees was essential to a thriving business."My belief is, the more you give, the more you get.

 

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Not doing his part for inflation

Is this to encourage the ACTU or the inflation price rise or PR to puff up the image?

Then put up his prices to cover the cost which in turn adds time inflation which in turn adds to more interest rate rises. Here in the problem lies. What needs to be done is lower wages will lower prices which will lower inflation and ease the cost of living

Wow yet emergency services workers have to fight for 2%

Probably would also care if one of his employees was injured at work. Wish he was my boss more so for the care factor.

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