The 2018-19 Hays Salary Guide says forty-eight per cent of skilled professionals say they intend to ask for a pay rise in their next review, with another 24 per cent considering doing so. In comparison, in their last review 18 per cent of employees successfully asked for a pay rise and 16 per cent did so but were unsuccessful. This follows news that the salary increases employers intend to offer this year can best be described as ‘restrained’. In response, two-thirds (67 per cent) of employees say a salary increase is now their number one career priority.
“After years of sedate salary increases, skilled professionals certainly believe the time is ripe for wage growth,” says Nick Deligiannis, managing director of Hays in Australia & New Zealand. “2017 was a phenomenal year for jobs growth in Australia and 2018 has so far seen continued labour market strength. Permanent and temporary hiring intentions for the year ahead suggest further employment gains. Employees see this as a good time to ask their boss for a pay rise.”
How can you secure a salary increase? Nick says preparation and evidence of achievements that exceed your objectives are key.
“Use your accomplishments and the value you add to the organisation as the basis of your negotiation. In this way, you’ll clearly demonstrate your worth and will be in a stronger negotiating position.”
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