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Increasing the minimum wage isn’t the silver bullet that people are hoping that it will be. In fact, it is likely that a widespread increase may boost inflation, leaving everybody worse off than before.
But the baseline problem is that we need to change the mentality that just because things cost more, our employer should automatically pay us more for the same work.
There are better strategies to aim for higher pay, such as upskilling and increasing your productivity — making you more valuable.
That said, we need to also consider those who often don’t have the path to upskilling; for example, single mums.
ABOUT THE AUTHOR
Amanda Rose is the founder of Small Business Women Australia, Western Sydney Women and Western Sydney Advisory. She has also been named as one of the most influential people in Western Sydney.
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