Double-edged sword: Wage rise boosts workers, but hurts SMEs

By Yajush Gupta · 4 June 2024 · News

Double-edged sword: Wage rise boosts workers, but hurts SMEs

Wage Rise Sparks Controversy: Who Wins, Who Loses?

A long-awaited wage hike is set to boost workers' pockets, but at what cost to small businesses? Find out the surprising truth behind this double-edged sword.

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Summary

The minimum wage hike is a positive step for workers, but Ben Thompson, CEO of Employment Hero, warns it could come at a cost for small businesses.