Latest news with #MatthewDickason
The Advertiser
23-07-2025
- 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
Daily Mail
23-07-2025
- Business
- Daily Mail
Why Aussie workers are quietly planning to quit - and the real reason should terrify bosses
A new report has delivered a brutal reality check to Aussie employers: most workers are planning to walk. Despite a shaky economy, almost two-thirds of Australians say they're ready to ditch their jobs in the next 12 months, chasing better pay, more flexibility, and actual career progression. The Hays 2025–26 Salary Guide, released Wednesday, surveyed over 12,000 professionals and hiring managers across 25 industries and found a whopping 61 per cent of workers want out. While that's slightly down from last year's shocking 77 per cent, it still signals a looming jobs exodus, with the top reasons being no future in their current roles (45 per cent), low pay (42 per cent), and a mix of unchallenging work, job insecurity, poor management, and lack of work-life balance. 'The data tells a story of paradox and caution,' Hays Asia-Pacific chief executive Matthew Dickason said. Mr Dickason says Aussie workers are no longer satisfied with crumbs and that small pay bumps just aren't cutting it anymore. 'Employees are satisfied enough to stay put for now, yet a significant portion are looking to move elsewhere, wary that small pay increases aren't worth accepting.' While 60 per cent of workers believe they're underpaid, it's not just about the money anymore, and Mr Dickason said Aussie workers want career progression and perks. 'This should tell employers that despite the cost of living, salary is no longer enough - benefits, progression, and purpose matter more than ever.' Those most likely to quit their jobs are professionals aged 40–59 in intermediate or management roles. 'With only marginal increases in permanent hiring intentions, this surge in employee turnover signals a critical moment for employers: take action to retain top talent or risk falling further behind in an already competitive market,' Mr Dickason added. Only 33 per cent of workers actually switched jobs over the past year - but the dissatisfaction is growing, and it's not just workers feeling frustrated. The report also revealed that employers are taking more time to find and hire suitable applicants due to a skills shortage and the impact of artificial intelligence (AI), which has resulted in an increased volume of generic, low-fit applications. This has created a gridlocked system, sparking growing frustration from both employers and workers. 'We are finding employers are reporting more job applications, but fewer suitable candidates,' Mr Dickason said. 'At the same time, job seekers say they're applying more, but getting fewer responses. 'When job seekers rely too heavily on AI to generate applications, quality and legitimacy suffer. Candidates need to carefully review and personalise AI-generated content to ensure it's accurate, relevant, and highlights the human skills employers value most.' He had this advice for Aussies seeking a career change. 'Define what matters most to you: is it salary, relevant benefits, purpose, or progression? Be clear on what you'll walk away with, and what trade-offs you're willing to make,' Mr Dickason said. 'With employers reporting a need for stronger human skills, now is the time to invest in your communication, adaptability, and decision-making. 'While pay is a top motivator, don't overlook the long game: flexibility, culture, and growth opportunities are increasingly becoming deal-breakers. 'Take control of your development, be selective in your applications, and aim to align with organisations that match both your values and ambitions.'
Yahoo
23-07-2025
- Business
- Yahoo
The top 10 highest salaries in Australia paying up to $700,000
A new survey has determined the highest paying jobs in Australia, with some lucrative roles paying as much as $700,000 per year. The Hays Salary Guide for 2025-26 surveyed more than 12,000 professionals and hiring managers to find out the current state of the salary landscape, including those jobs pulling in the biggest amounts and those with the fastest salary growth. Across the country, it found the national average salary was $141,900, and nearly two-thirds of Australian workers are preparing to quit their jobs in the next 12 months to obtain better pay and benefits, and greater career opportunities. Hays APAC CEO Matthew Dickason said the data revealed "clear divides" in which industries were paying more and were planning to continue to do so. RELATED Troubling workplace trend exposed as Aussie unable to find a job for a year Centrelink's 'balancing' move could provide cash boost or expose debt Commonwealth Bank's fresh alert for millions over mass text message 'campaign' CEOs and Managing Directors topped the list, with those in commercial organisations with turnovers of more than $500 million able to pull in typical salaries of $700,000 plus. For organisations with turnovers between $50 and $500 million, the typical salary range was $400,000 to $700,000. Chief Operating Officers and Chief Financial Officers can also earn $600,000 plus in organisations with turnovers over $500 million, while CEO salaries can reach $500,000 even in not-for-profit organisations. Heads of Treasury can earn up to $410,000 in Sydney and $300,000 in Melbourne. Heads of Tax can make up to $400,000 in Sydney, while Heads of Internal Audit can earn up to $400,000. Australia's top sales job earners are General Managers, particularly in the area of Consumer Goods. General Managers can earn up to $400,000 in Sydney and Melbourne, while Vice Presidents of Sales in IT and Telecoms can earn up to $350,000. What are the highest salaries in Australia? The Hays Salary Guide for the 2025-26 financial year, released today, reveals typical salaries for thousands of jobs across Australia. Here are the top 10 highest salaries and the maximum typical amount that can be earned. CEO and Managing Director $700,000+ Head of Treasury $410,000 General Manager of Sales and Sales Director $400,000 Head of HR and HR Director $400,000 Commercial Construction Manager $400,000 Property Development Director $388,000 Chief Information Officer $375,000 Defence Operations Director $360,000 Banking and Finance Head of Quantitative Risk $350,000 Mining Jumbo Operator $330,000 Most salaries listed are for roles in Sydney, with a few exceptions for specific roles in Victoria, Western Australia and the Northern Territory. Salaries can vary depending on the size of the company and how long you have been employed in the specific role. Biggest sectors for salary growth The report also revealed the top sectors for year-on-year salary growth, with financial and insurance services topping the list with growth of 12.9 per cent. This was followed by construction (11.7 per cent), IT/Tech system design (9.6 per cent), legal (7.8 per cent) and mining (6.9 per cent). Queensland recorded the strongest salary growth nationally, with average salaries up 5.6 per cent to $139,000. New South Wales was close to the average at $143,800, with salary growth in line with the national average at 5.1 per cent. Victoria's average salary was sitting at $142,300, while Western Australia had the highest average salary at $147,200.
