Hays Australia Salary Guide 2022-2023: Insights for Employers
What employers can expect in Hays Salary Guide
Australia is currently facing a skills shortage at a level unmatched in our 46 years in recruitment. The Reserve Bank of Australia has reported unemployment at 4%, with a prediction it will fall to the 3.5% in 2023, the lowest level in 50 years.
In our 2022-2023 Hays Salary Guide survey, 91% of employers said they are experiencing a skills shortage, and 83% report that this will hinder the growth and operations of their organisation. Also, more than half of employees surveyed indicated that they are open to new opportunities in the year ahead.
This current environment offers an opportunity for employers and employees to come together to define a new equation in the world of work.
In the Hays Salary Guide you'll discover:
- Hiring trends and insights
- Typical salaries for over a thousand jobs
- Attraction and retention strategies
- Pay rise benchmarks
- Market trends and recommendations
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Key findings from Hays 2022-2023 Salary Guide
State of the market
The Australian economy appears set for a strong 12 months. Businesses are optimistic and predict both economic and employment growth. However, talent shortages are hindering operations and growth.
77% |
61% |
|
of employers expect business activity to increase in the year ahead
|
of employers intend to increase permanent staff levels in FY22/23 |
91% |
58% |
|
of employers are experiencing a skills shortage
|
of employers reported an increase of staff turnover |
Redefining the employer and employee relationship
Treating your employees as your most important customer, upskilling and lifelong learning approaches as well as embedding organisational agility to master our ever-changing environment will be strategies required by all employers in defining what the future of work will look like.
- The employee – your VIP customer: How organisations can recalculate their hiring strategies to view the employee as they would a high value customer
- Lifelong learning the new standard: How continuous upskilling can be embedded into our daily routines to ensure we’re skilled for the future
- Mastering change: The point at which we must move beyond just adapting to change and start mastering it
Salary benchmarks for over a thousand jobs
As a hiring manager, salary benchmarking helps your organisation secure top talent and retain top employees. By understanding typical salaries across your industry, you can offer a competitive salary to attract candidates to your job vacancy.
You’ll also access insights into the latest hiring trends, skills in demand, benefits and key considerations to help strengthen your recruitment and retention strategy.
If you would like to gain a better understanding of the average salary in Australia for a single role, and how certain salaries compare to others in the same industry, you can perform a salary check today. Our Salary Checker compares the highest, typical and lowest salaries for a single position.
Industry salary guides
For further in-depth salary insights by industry, explore our industry and partner salary guides such as our Technology Salary Guide or CIPS Procurement Salary Guide.
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