Employment slowdown set to tip workplace power balance in bosses’ favour

Bosses are expected to be handed more power over their employees as a slowdown in the jobs market – spurred on by soaring interest rates – tips the scales away from workers, new analysis has revealed.

Released on Monday, the report from jobs advertising website SEEK predicts the advantage that workers had accrued through the pandemic to negotiate the terms and conditions of their employment will continue to dissipate through the year.

To know more: https://www.news.com.au/finance/work/at-work/employment-slowdown-set-to-tip-workplace-power-balance-in-bosses-favour/news-story/15c58ff24375649baf100a5a5ffb90bc