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The $56K wage difference: the benefits of scale

With labour the biggest expense for residential aged care operators, newly released 2023-24 data from the Workplace Gender Equality Agency (WGEA) indicates that when it comes to saving on wage costs, bigger is better. Smaller residential aged care operators are paying an average total remuneration of $100,000 to their employees – $18,000 more than their larger counterparts – according to new ...

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