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Australian bosses are typically offering salary increases of 9 per cent to stop staff from leaving.
Recruitment company Robert Half surveyed 300 hiring managers in Australia and found the border closure was making employers go to desperate lengths to keep talent.
Most Australian workers are still missing out on decent pay increases, with wages in the year to March growing by just 1.5 per cent.
Highly-valued employees, however, can secure themselves a very healthy pay increase if their bosses really wanted to keep them and their skills.
Australian bosses are offering salary increases of up to 9 per cent to stop staff from leaving. Recruitment company Robert Half surveyed 300 hiring managers in Australia and found the border closure was making employers go to desperate lengths to keep talent
Bosses were offering, on average, 9 per cent pay increases to stop staff from accepting a new job with a competitor, the Robert Half online research done in May found.
Nicole Gorton, a director at Robert Half, said counter offers to keep good staff were often better than an expensive recruitment process to find a replacement.
'Counteroffers are more often a tool to help the employer,' she said.
'Particularly in a competitive market, it can be tempting to make counteroffers in order to retain institutional knowledge and avoid the resource intensive exercise of recruiting, onboarding, and training a new employee.'
Nonetheless, with professionals having the most choice of jobs in 12 years, counteroffers didn't necessarily guarantee they would stay long term, even though 89 per cent of firms surveyed were intending