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Revealed: professionals with the highest salary growth and those in decline
Revealed: professionals with the highest salary growth and those in decline

The Advertiser

time7 days ago

  • Business
  • The Advertiser

Revealed: professionals with the highest salary growth and those in decline

Engineers, lawyers and financial advisors have posted the highest salary growth in Australia. Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation. Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors. Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages." "Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are." Engineers reported the highest pay satisfaction of all professions. Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid. Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report. By contrast, architecture and design professionals were the most dissatisfied with pay conditions. Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector. Trade workers (manual labour) were similarly dissatisfied. They reported a 46 per cent increase in dissatisfaction levels. Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance. READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent). In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent). Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found. The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories. The average professional salary in Western Australia was $147,200. Western Australia also had the highest proportion of people earning over $250,000 at eight per cent. Tasmania had the lowest average salary in the country for professionals at $125,900. This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself Engineers, lawyers and financial advisors have posted the highest salary growth in Australia. Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation. Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors. Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages." "Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are." Engineers reported the highest pay satisfaction of all professions. Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid. Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report. By contrast, architecture and design professionals were the most dissatisfied with pay conditions. Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector. Trade workers (manual labour) were similarly dissatisfied. They reported a 46 per cent increase in dissatisfaction levels. Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance. READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent). In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent). Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found. The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories. The average professional salary in Western Australia was $147,200. Western Australia also had the highest proportion of people earning over $250,000 at eight per cent. Tasmania had the lowest average salary in the country for professionals at $125,900. This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself Engineers, lawyers and financial advisors have posted the highest salary growth in Australia. Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation. Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors. Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages." "Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are." Engineers reported the highest pay satisfaction of all professions. Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid. Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report. By contrast, architecture and design professionals were the most dissatisfied with pay conditions. Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector. Trade workers (manual labour) were similarly dissatisfied. They reported a 46 per cent increase in dissatisfaction levels. Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance. READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent). In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent). Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found. The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories. The average professional salary in Western Australia was $147,200. Western Australia also had the highest proportion of people earning over $250,000 at eight per cent. Tasmania had the lowest average salary in the country for professionals at $125,900. This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself Engineers, lawyers and financial advisors have posted the highest salary growth in Australia. Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation. Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors. Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages." "Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are." Engineers reported the highest pay satisfaction of all professions. Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid. Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report. By contrast, architecture and design professionals were the most dissatisfied with pay conditions. Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector. Trade workers (manual labour) were similarly dissatisfied. They reported a 46 per cent increase in dissatisfaction levels. Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance. READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent). In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent). Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found. The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories. The average professional salary in Western Australia was $147,200. Western Australia also had the highest proportion of people earning over $250,000 at eight per cent. Tasmania had the lowest average salary in the country for professionals at $125,900. This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself

Wilyer Abreu has grand slam, inside-the-park HR as Red Sox beat Reds
Wilyer Abreu has grand slam, inside-the-park HR as Red Sox beat Reds

Canada Standard

time05-07-2025

  • Sport
  • Canada Standard

Wilyer Abreu has grand slam, inside-the-park HR as Red Sox beat Reds

(Photo credit: Bob DeChiara-Imagn Images) Wilyer Abreu hit two home runs and the Boston Red Sox scored seven runs in the first inning en route to a 13-6 victory over the visiting Cincinnati Reds on Monday night. Abreu hit an inside-the-park home run in the fifth and a grand slam in the eighth. Trevor Story and Jarren Duran also homered for Boston in the victory. Cincinnati starting pitcher Chase Burns, the No. 2 pick in last year's MLB draft, made his second major league start, but was pulled from the mound with one out in the first inning. Burns (0-1) allowed seven runs (five earned) on five hits and two walks. Story's three-run homer highlighted Boston's seven-run first inning, which included an RBI single from Abraham Toro, an RBI double from Carlos Narvaez, an RBI single from David Hamilton and a run-scoring single from Roman Anthony. Each of the nine batters in Boston's starting lineup had at least one hit, totaling 14. Garrett Crochet (8-4) gave up five runs (four earned) on seven hits in six innings, but earned the win. He struck out nine and walked one. Austin Hays hit a solo home run and a two-run triple for Cincinnati. The Reds scored three runs in the fourth to trim their deficit to 7-3. Hays' triple scored Matt McLain and Elly De La Cruz before he scored on Spencer Steer's groundout. Cincinnati made it 7-4 on McLain's RBI single in the fifth, but Abreu's inside-the-park home run increased Boston's lead to 8-4 in the bottom of the fifth. His long drive to center field took a high bounce off the wall, allowing Abreu to jet home. Cincinnati was within three again in the sixth after Hays' deep homer to center, but Boston extended its lead to 9-5 on Duran's home run in its half of the sixth. Abreu's grand slam stretched Boston's advantage to 13-5 before Christian Encarnacion-Strand capped the scoring when he raced home from third on McLain's infield single in the ninth. Boston rookie Marcelo Mayer, who missed last weekend's three-game series against Toronto while on bereavement leave, was back with the team and started at third base. --Field Level Media

Wilyer Abreu has grand slam, inside-the-park HR as Red Sox beat Reds
Wilyer Abreu has grand slam, inside-the-park HR as Red Sox beat Reds

Canada News.Net

time05-07-2025

  • Sport
  • Canada News.Net

Wilyer Abreu has grand slam, inside-the-park HR as Red Sox beat Reds

(Photo credit: Bob DeChiara-Imagn Images) Wilyer Abreu hit two home runs and the Boston Red Sox scored seven runs in the first inning en route to a 13-6 victory over the visiting Cincinnati Reds on Monday night. Abreu hit an inside-the-park home run in the fifth and a grand slam in the eighth. Trevor Story and Jarren Duran also homered for Boston in the victory. Cincinnati starting pitcher Chase Burns, the No. 2 pick in last year's MLB draft, made his second major league start, but was pulled from the mound with one out in the first inning. Burns (0-1) allowed seven runs (five earned) on five hits and two walks. Story's three-run homer highlighted Boston's seven-run first inning, which included an RBI single from Abraham Toro, an RBI double from Carlos Narvaez, an RBI single from David Hamilton and a run-scoring single from Roman Anthony. Each of the nine batters in Boston's starting lineup had at least one hit, totaling 14. Garrett Crochet (8-4) gave up five runs (four earned) on seven hits in six innings, but earned the win. He struck out nine and walked one. Austin Hays hit a solo home run and a two-run triple for Cincinnati. The Reds scored three runs in the fourth to trim their deficit to 7-3. Hays' triple scored Matt McLain and Elly De La Cruz before he scored on Spencer Steer's groundout. Cincinnati made it 7-4 on McLain's RBI single in the fifth, but Abreu's inside-the-park home run increased Boston's lead to 8-4 in the bottom of the fifth. His long drive to center field took a high bounce off the wall, allowing Abreu to jet home. Cincinnati was within three again in the sixth after Hays' deep homer to center, but Boston extended its lead to 9-5 on Duran's home run in its half of the sixth. Abreu's grand slam stretched Boston's advantage to 13-5 before Christian Encarnacion-Strand capped the scoring when he raced home from third on McLain's infield single in the ninth. Boston rookie Marcelo Mayer, who missed last weekend's three-game series against Toronto while on bereavement leave, was back with the team and started at third base.

Saudi jobs: More employees willing to switch in booming hiring market
Saudi jobs: More employees willing to switch in booming hiring market

Gulf News

time17-04-2025

  • Business
  • Gulf News

Saudi jobs: More employees willing to switch in booming hiring market

Dubai: Saudi workplaces will face a fluid situation this year, with a sizable number of employees seeking 'change'. In fact, as high as 66% of professionals plan to move jobs over the current salary and/or benefits package, according to the latest Saudi jobs update from the consultancy Hays. The chances of these employees getting new jobs and with higher pay scales are also higher, given how the Kingdom's hiring market is performing. 'The employment market across Saudi Arabia is booming,' said Mark Paul, Senior Manager at Hays Middle East. 'Reflective of this year's trend, 79% of employers say they will be recruiting employees on a permanent basis.' Just about every non-oil sector in Saudi Arabia continues its hiring spree, with their focus trained on meeting the targets of having more Saudi nationals in the private sector. This has, according to hiring consultants, meant solid increases on salaries and benefits for talent. The Hays' report says that last year 51% of professionals in Saudi Arabia got a salary increase, while and 81% say they are 'hopeful' for a salary increase this year. Saudi nationalization targets 'Recruitment efforts related to nationalization quotas continue to be a top priority for most businesses,' said Paul. 'With 91% of employers sharing that they currently employ Saudi nationals. 'Additionally, 87% say they are planning to increase headcount of Saudi nationals throughout 2025. Employers are seeking experienced individuals with both the relevant soft and technical skills to make an immediate impact.' Businesses point to the kind of economic growth that the Kingdom has been having. "You look at the monthly PMIs (Purchasing Managers Index) and businesses talk about the need to keep hiring to meet demand," said an official with a construction firm. "In sectors such as construction and project management, demand is always running ahead of actual availability of individuals with experience and skills." Aviation hiring keeps soaring With its new airline Riyadh Air and expansion programs by existing carriers, the aviation industry is humming with new job possibilities. Ditto for the hotel industry. "Unless something changes dramatically, a lot of the hiring will continue until well into the final year of this decade," said a hospitality consultant. "Even if some of the projects are downsized or scrapped, there's still plenty happening." According to the Hays report, "Overall, 90% of (Saudi) organizations plan to recruit in some capacity, with 79% set to hire employees on a permanent basis, 23% on a contract, freelance or temporary basis - and only 10% say that they are not planning to recruit."

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