Impact of New Median Wage on Employers and Migrants
The increase in the median wage is all about set to have a highly significant impact on both employers and migrants. For employers, the new median wage may lead to higher wages for workers who are earning less than justified. It will be great to consider the changes to the Accredited Employer Work Visa and the various sectors covered.
Now, for migrants it may be beneficial as they can enjoy higher opportunities with increased level of income. This may result in highly competitive wages for people seeking work with high job security. At the same time, it will be wonderful to monitor the changes that may occur.
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