Employees brace for 'peanut butter raises' as wages lag behind prices
As annual pay reviews approach, employees face the challenge of small, uniform raises known as 'peanut butter raises'. Recent figures show prices rose 3.8 percent while wages grew only 3.2 percent. Workers are advised to prepare compelling arguments and engage in discussions ahead of financial year allocations to secure larger increases.
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Published 12 Nov 2026, 02:37 UTC · Updated 12 Nov 2026, 02:40 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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