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[–] 1 point 1 day ago (5 children)
  • [–] 2 points 1 day ago (4 children)

    True, but at best 12%, or about 1/8th.

    7/8ths goes to....not you!

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  • [–] 1 point 1 day ago (3 children)

    i know exactly where the money goes as our company is public which means every year they release a financial report and i can see the companies financials

    marketindex.com.au has been great for this

    for example if you want to see what bega is up to just go here https://www.marketindex.com.au/asx/bga?src=search-all then scroll down and click

    21/10/2026 2026 Annual General Meeting Presentation $

    voila!

    https://www.marketindex.com.au/asx/bga/announcements/2026-annual-general-meeting-presentation-3A704543

    now because i’m lazy head over to betashares direct

    It’s a great year! After losing 8.5 million last year they’ve made 54 million this year! hurray!

    You can then lookup in the report what they’re spending the money on

    when there are productivity gains, there’s no pay rises

    I’ve had a pay a raise every year since 2018, if i wasn’t getting pay raises i would have left

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  • [–] [S] 2 points 15 hours ago

    Serious question,

    Instead of asking how you are, do the managers at Bega ask if its a glass half full day or half empty?


    Addendum,

    When a curly question is asked thats hard to answer, is it bega policy to begin the answer by saying, "Well, how longs a piece of cheese string"

    I'm here all night,

    When theres a product line conveyor blockage, do the technicians say, "Dairy, dairy me!"

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  • [–] 3 points 1 day ago* (last edited 1 day ago) (1 child)

    Congrats. You are probably better off than most. Did your pay rises exceed the inflation rate?

    But to get back to productivity more broadly rather than one company and one employee at that company:

    Productivity has grown, so why have wages not kept up?

    "So, who is getting the benefits of productivity growth? You guessed it. Instead of flowing to workers as higher wages, business is capturing the gains from productivity growth as profit."

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  • [–] 0 points 1 day ago

    i don’t look at the inflation rate as a direct comparison for my pay rate because for example if education goes up that’s no impact on me, diesel prices doubling and tripling has had no impact on me (i drive an ev), electricity price rises have no impact as i have solar and solar battery, I live a pretty frugal life to a degree

    Productivity has grown, so why have wages not kept up?

    Has it?

    But its main concern was decade-long stagnation, driven by complex factors now under further review by the Productivity Commission.

    https://www.abc.net.au/news/2025-05-28/productivity-commission-growth-report/105336036

    afaik productivity has been stalled for ages

    the construction sector, one of the most well compensated sectors if not these most well compensated has been going backwards for years

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