Property professionals getting a pay rise

GENERAL NEWS

THE vast majority of property industry employers plan to increase salaries in their next review, though workers and...

According to the latest Hays Salary Guide, 98% of property industry employers will lift salaries in their next review, with 71% to...

“We’re calling this the year of the raise, where the promise of higher salaries reflects the intensity of the skills shortage in...

“Despite the increased salary boost, employer and employee expectations in Australia’s property industry still fail to...

The survey found that many employers have offered higher salaries to attract talent in the midst of the skills shortage, with...

“Many employers find that the pipeline of skilled property professionals doesn’t meet their needs. As candidate supply continues to...

73% of both employers and workers combined said it was reasonable to expect pay increases to keep up with inflation...

“Employers are sensitive to the hidden cost of falling real wages on employee engagement, mental health and...

19% of employers responded saying they are transparent with all employees about salaries levels and increases, with 31% saying...

“We expect these figures to rise in the months ahead, with the abolition of pay secrecy in Australia prompting more...

The survey also found that 32% of employers plan to increase their permanent property headcount over the next 12 months...

Unsurprisingly an uncompetitive salary was named the top factor among those workers planning to or considering changing jobs...

While benefits didn’t make the top three factors, the top three employers plan on offering this year are training, mental and...

Property professionals instead prioritise getting a pay rise, being able to work flexibly and gaining a promotion in the next 12 months.

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