Are you taking a ‘real term’ pay cut? Survey finds inflation bites into salary increase

Darcy Song

November 30, 2022 9:03

Workers who take a lower percentage of pay rise than the household inflation rate are taking a ‘real term’ pay cut, Robert Walters Salary Survey found.

Over the twelve months to the September 2022 quarter, Consumer Price Index (CPI) rose to 7.3%.

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Darcy Song

Darcy Song was a reporter at Mumbrella, covering media owners, adtech and social platforms. She left in October 2023.

Topics

Robert Walters

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Are you taking a ‘real term’ pay cut? Survey finds inflation bites into salary increase

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