Salary increase highest in WA, survey |
| 16:31 10/06/2008 |
WA Business News: 3-June-08 by Edited announcement
Western Australia, South Australia and Queensland experienced the highest salary increase in Australia, a survey has found.
The 2008 Hays Salary Survey, which covers 16 employment sectors and hundreds of job roles across Australia and New Zealand, reports Western Australia, South Australia and Queensland experienced the notable salary increases in Australia.
"The majority of employers reported increases in salaries of between 3 and 6%," said Jane McNeill, Senior Regional Director of Hays in Perth.
"This reaffirms the solid base upon which Australasia's business strength is built. Steady jobs growth is still the dominant feature of Australasia's recruitment market and there are plenty of examples of significant salary increases that testify to its ongoing strength.
"In fact, 50% of respondents expect permanent staffing levels to increase while only 4% see any decrease over the coming 12 months.
"The slow-down in the banking and related sectors is very contained; as yet we have seen no evidence of any negative impact across the broader job market. In fact, the number of new jobs registered remains at record levels, the demand for specialist skills is up and we're doing more overseas campaigning for skills than ever before.
"The level of infrastructure investment also shows no sign of abating across Australia and New Zealand, causing further continued pressure on candidate sourcing and salaries and affirming the strength of Australia and New Zealand's recruitment market.
"Logically, the highest salary increases over the year have occurred for roles where the need for candidates is highest," said Jane.
Notable trends by industry:
38% of construction, property and engineering employers increased salaries above 6%.
39% of mining and resources employers increased salaries above 6%.
45% of professional services employers increased salaries above 6%.
Perth salary hotspots:
Accountancy & Finance: At the support level, Accounts Receivable, Credit Control and Payroll candidates experienced the highest salary increases. For example, the typical salary for a Senior Payroll Clerk increased in Perth from $52,000 to $58,000.
Within the profession, Auditors have seen their salaries rise sharply. For example, typical salaries for an External Auditor (CA/CPA complete with 3-4 years experience) increased in Perth from $71,000 to $77,000 and for an External Audit Graduate with 3+ years experience from $60,000 to $66,000.
Solid increases were also noted for entry-level Management Consultants and Corporate Finance candidates.
Banking: While many banking employers focused on improving company benefits, work environments and performance based bonuses nationally, there were many exceptions in Perth.
In fact geographically, Perth and Adelaide experienced the solid increases. For example, in operations support the typical salaries increased for Mortgage Settlement Officers from $46,000 to $53,000 in Perth.
Residential lending is another example, where typical salaries increased from $119,000 to $135,000 for a Senior Manager in Perth.
Other notable Perth salary movements over the year occurred for corporate and commercial lending professionals and rural lending staff.
Construction & Property: In Perth the roles to watch were in architecture (for example where the maximums of the salary ranges increased for a Graduate Architect from $45,000 to $55,000 and for a Town/Urban Planner from $90,000 to $95,000) and engineering (for example, increasing from $75,000 to $95,000 for a building services design consultancy CAD Manager and from $90,000 to $110,000 for a Civil/Structural Engineer). Perth also had notable construction building increases.
Contact Centres: Whilst salaries were stable over the last 12 months, more employers offered attractive bonus/benefit packages.
Human Resources: Geographically Perth along with Adelaide and Brisbane experienced the major increases. For example, in Perth the typical salaries increased from $190,000 to $200,000 for a HR Director, $75,000 to $80,000 for OH&S Consultants and $70,000 to $75,000 for Learning & Development Consultants.
Information Technology: Within development Architects received the main increases, rising from $100,000 to $110,000 in Perth. Within infrastructure, Helpdesk Support/Service Desk (1-2 years experience) received the notable increases in all locations, with an 11.6 percent average increase nationally, and in Perth rising from $40,000 to $47,500. The notable business increase occurred for CIO's ($175,000 to $200,000).
Insurance: In Perth, Underwriter and Senior Underwriter salaries increased strongly, from $55,000 to $80,000 and $76,000 to $95,000 respectively.
Legal: Within private practice there were no dramatic increases in salaries, although the most obvious movements occurred for those with 3 years PAE in top and mid-tiers in Perth, where salaries increased from $85,000 to $90,000 and $80,000 to $85,000 respectively.
With more companies electing to bring legal counsel inhouse rather than relying solely on a panel of legal firms, there have been some notable salary increases. For example, for Legal Counsel with 5 years PAE the maximum of the salary range increased in Perth from $125,000 to $150,000.
Logistics: Transport Managers clearly received the biggest salary increases, with salaries increasing by a staggering 27 percent across the country.
Transport Allocators, Distribution Managers and Logistics Project Mangers also received strong increases.
Manufacturing & Ops: Project Engineers (5+ years experience) clearly received the biggest salary increases with salaries rising by a staggering 29.3 percent across the country. Process Engineers also received strong increases of 28.3 percent, followed by Graduate Engineers (all disciplines) at 11.5 percent.
Office Support: Geographically, Perth, Brisbane/Gold Coast and Adelaide offered the strongest increases overall. For example, the typical salaries increased for a Perth Personal/Team Assistant from $50,000 to $60,000 and for an Executive Assistant from $50,000 to a staggering $75,000. Other increases of note occurred within legal and banking & finance support.
Oil & Gas Geologists received higher salaries because of limited candidate supply. For example, the maximum of the salary ranges increased at the entry-level in Western Australia to $120,000, at the Intermediate level to $170,000 and at the Senior level to $220,000.
Procurement: Purchasing Managers, Directors and Contract Administrators received the notable salary increases nationally.
Resources & Mining: Despite the market's strength, the rapid rise in salaries seen across all areas of the mining, engineering and construction markets over recent years has reached a plateau.
This is most evident in Western Australia. There were however some exceptions, such as metalliferous geology where the maximum of the salary ranges increased for an Exploration Manager in WA from $160,000 to $195,000.
Within metalliferous mining engineering Mining Engineers were a stand-out, with the maximum of the salary ranges rising from $110,000 to $130,000. Coal technical positions and industrial design also saw some notable increases.
Sales & Marketing: The notable increase occurred for Brand Managers, which increased by 14.9 percent nationally and in Perth increased from $70,000 to $80,000.
Also available at http://www.wabusinessnews.com.au/ |
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The Importance of Networking: Robert Walters Explains... |
| 14:00 12/05/2008 |
Jodie Gillespie, Manager of the IT division at Robert Walters, Perth, and Ruth Stevens, Manager of the Business Support division at Robert Walters, Perth, offer advice on how to effectively network your way to success.
What are the benefits of networking?
- Allows you to cross share initiatives across your area of expertise
- Develops a group of resources that you can refer to for advice, tips and knowledge
- Expands your contact group and professional awareness
- Gets your name "out there"
- Leaves a good impression of you and your company
To continue reading go to: http://jobs.wabusinessnews.com.au/page/career_tools_network |
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Job Ads Rise in April |
| 16:49 05/05/2008 |
The number of job advertisements in major newspapers and on the internet increased strongly in April, ending two straight months of decline, a survey shows.
The ANZ job advertisements survey, released today, was up 3.1 per cent in April to an average of 275,390 a week.
Newspaper job ads, which fell to a 14-year low last month, bounced back 16.5 per cent to an average of 19,934 a week and increased in every state.
Four states posted double-digit increases in newspaper advertisements, with South Australia (14.7 per cent) and Queensland (13.4 per cent) leading the way.
Victoria (10.9 per cent) and Tasmania (10.6 per cent) also recorded big increases.
Job advertisements on the internet were 2.2 per cent higher in April at 255,456 a week.
Despite the April bounce, ANZ deputy chief economist Tony Pearson said the total number of job advertisements was now plateauing, given they were at a similar level to where they were in January this year.
"We would expect this to foreshadow a slowdown in the monthly trend rate of growth in employment," Mr Pearson said in a statement.
"In this more difficult business environment, it is not surprising that business is becoming a little more cautious about taking on new workers."
In terms of the trend figures, newspaper job advertisements were lower everywhere except Victoria.
Nationally, they were down 1.3 per cent in April, the sixth straight month they had fallen.
"The softening in trend job advertisements is widespread," Mr Pearson said.
Mr Pearson said this month's survey was consistent with other economic indicators published in recent weeks, such as retail sales, consumer confidence, housing finance approvals and housing construction approvals, that showed deteriorating business conditions.
"The evidence that tighter financial conditions are acting to moderate domestic demand is mounting," Mr Pearson said.
He said an uncertain global outlook due to the tightness in financial markets was also a factor in a slowing jobs market.
CommSec equities economist Savanth Sebastian said the April results were effected by the early arrival of Easter.
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WA jobs board set for launch: WA Business News- Jobs Online |
| 10:47 17/04/2008 |
WA Business News is launching an online jobs board specifically for employers and job seekers in Western Australia. The new service will provide a targeted alternative to the mass market online jobs boards that currently dominate the Australian market. The service has been developed and managed by Rebecca Cole, who returned to Perth after launching three successful online jobs services in the UK, including CanaryWharfJobs.com.
The site, at www.jobs.wabusinessnews.com.au, will be the only dedicated jobs board exclusively covering WA. In the UK market, specialist service providers have carved out a substantial share of the jobs market by focusing on niche sectors, Ms Cole said. We plan to apply that experience to the Western Australian market, which has not been effectively serviced by the national jobs boards.
The new jobs board features easy-to-use technology, allowing recruiters to post and manage jobs, as well as track applications on an individual job basis. It will provide a variety of advertising options for employers and recruiters, with company profile pages and banner advertising allowing employers to maximise their profile. Employers will also have the ability to search the jobs board's online database.
WA Business News executive director Elton Swarts said the rapid employment growth and skilled labour shortages in WA made the new service timely. Our mission is to help business grow. The jobs board is another initiative that delivers on that premise Mr Swarts said.
Over the past five years, WA Business News has gone from a free newspaper to paid, when other newspapers are experiencing declining circulation. We have launched WABN Events in a competitive space, published a coffee table book, and now we are branching out with a WA-focused jobs board. These initiatives emanate from WABN's stated goal of continuing to be entrepreneurial.
www.jobs.wabusinessnews.com.au
For more information please contact Rebecca Cole on 9288 2127 or rebecca.cole@wabusinessnews.com.au
WA career connection
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Jobs markets remain tight |
| 10:42 17/04/2008 |
Jobs markets remains tight: Gillard
News: 10-April-08 by AAP
The labour market remains tight with skills and labour shortages constraining business output, acting Prime Minister Julia Gillard says.
The labour force report for March, released by the Australian Bureau of Statistics today, shows total employment grew by a seasonally adjusted 14,800, while the unemployment rate ticked up to 4.1 per cent after hitting a 33-year low of 4.0 per cent in February.
"Labour force data for March 2008 shows that labour market conditions remain tight," Ms Gillard, who is also the employment minister, said in a statement.
To Read more CLICK HERE |
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ABS: Australian Unemployment Rate 4.1% in March |
| 10:38 17/04/2008 |
Aust unemployment rate 4.1% in March: ABS
News: 10-April-08 by AAP
A slight rise in Australia's jobless rate makes another interest rate rise less likely as other pieces of economic data point to a slowdown, economists say.
Australia's unemployment rate was a seasonally adjusted 4.1 per cent in March, in line with market forecasts.
It was slightly higher than February's jobless rate of four per cent, which was the lowest since August 1974.
The trend estimate of the unemployment rate for Western Australia generally fell from 6.8% in February 1998 to 5.8% in August 2000.
The trend then rose sharply to 7.5% in June 2001, before generally falling to 3.0% in February 2007. The trend rate has since risen slightly to stand at 3.1% in February 2008.
Total employment for Australia rose by 14,800 in March to 10,681,600, seasonally adjusted.
Full-time employment rose by 5,300 to 7,637,900 and part-time employment was up 9,500 to 3,043,800.
The participation rate in March was unchanged 65.2 per cent, and in line with expectations.
Lehman Brothers chief economist Stephen Roberts said the labour force data made another interest rate rise less likely as other economic indicators pointed to a slowdown in economic growth.
"You'd have to say the Reserve Bank is on solid hold," he said.
Mr Roberts said the labour force data were unlikely to show softness in the economy until August because hiring decisions by companies often were made months in advance of economic trends.
"This is a rear view of three to four months ago," he said.
"It doesn't add anything because it's a lagging indicator.
"We know that job vacancies are starting to turn soft but the last thing to turn is employment.
"This is really not useful information."
JPMorgan economist Helen Kevans said that despite the slight lift in the already low jobless rate, the labour market remained very tight, which would worry the RBA in respect to wages pressure.
"The near 15,000 gain in jobs (during March) makes the labour market very tight," she said.
"The economy has added 220,000 jobs since mid-2007.
To continue reading CLICK HERE |
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