Australian workers have had to contend with relatively slow wage growth over the last five years, with the RBA predicting that wages will “increase only gradually” over time . However, new independent research commissioned by specialised recruiter Robert Half and published in the newly-released 2018 Robert Half Salary Guide has revealed top finance workers can still expect a pay rise in 2018.
According to the research, the majority (98%) of Australian CFOs are planning to award an average of 23% of their staff with a raise this year, with the average increase expected to be 9% – which is well above the national wage price growth percentage of 2% . As companies vie for the best finance candidates, a competitive salary is often the most persuasive incentive, especially in an employment market where 99% of Australian CFOs find it challenging to source qualified finance professionals. […]