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https://theconversation.com/for-some-workers-low-paying-jobs-might-be-more-of-a-dead-end-than-a-stepping-stone-202031>
"The most recent rise in Aotearoa New Zealand’s minimum wage has again put the
spotlight on low-wage jobs and the established belief that low wages are a
starting point for workers who are quickly able to transition into higher-paid
employment. But our research found the situation is not so straightforward. For
older New Zealanders, possible options for finding their way out of low-wage
work are quite limited.
In our research, we explored whether low-wage workers can easily transition to
better-paying opportunities. We wanted to examine whether low-pay creates a
lock-in effect, or whether workers in New Zealand have sufficient scope to
climb up the salary ladder.
For a number of reasons, it is increasingly important to understand the labour
market dynamics faced by low-wage workers. A worker’s earning level corresponds
to the degree of pain caused by the current cost-of-living crisis. Low-wage
earners are feeling the pinch more than those with higher incomes.
Moreover, being on low-pay for a persistent period can negatively affect
people’s financial resilience and their ability to manage rainy day funds for
unexpected expenses."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
