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Tuesday, 09 August 2022
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Wages shock: job cuts loom

Posted 5 August 2022 PM

If you're on the receiving end, higher wages is a good thing. But our readers were keen to know more about the potential fallout of rising salaries for industry - and the forecast isn't good with experts warning a 'big shock' is on the way, in the shape of job cuts.

A critical staff shortage has put unprecedented upward pressure on salaries, but those in the know say once the 'number crunchers get on it' watch out. Find out more in our top story this week: Warning: 'big' salary shock coming

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