How stressed are employees?
Probably more than you realise. The consensus view among economists is that the Australian economy will continue to slow throughout 2009. Just knowing that is enough to cause angst among employees – but there’s more. A University of Sydney survey reported in The Australian in October 2008 estimated that more than five million Australian workers were finding it difficult to manage their stretched household budgets or were only “just getting by” financially . An Australian Government report, Families in Australia: 2008, indicated that “almost one fifth of adult Australians experienced one or more cash flow problems such as not being able to pay bills on time or seeking financial assistance from family and friends”. A Citi Fin-Q Report on consumer financial wellbeing issued in September 2008 revealed that: • Only 19 per cent of Australians always stuck to a budget, and only 28 per cent saved money from every pay cheque; • 60 per cent of Australians did not fully repay their credit card ea
Related Questions
- Many states allow officers to be excluded or have a minimum number of employees before I am required to buy Workers’ Compensation Insurance. Do these follow through to Longshore?
- Some employees who are required to travel can deduct $11 per meal, regardless of the amount paid for the meal. Does that apply to me?
- How stressed are employees?
