Employers are taking a cautious approach to pay rises this year, meaning only a few will get anything meaningful as an increase.
This fits with official figures showing the average Australian is getting less than 2% a year as a pay rise.
However, the latest salary survey by recruiters Hays shows some will do better than others.
Those working in IT are in demand and can expect bigger pay rises. Some 48% of IT and telecoms employers expect to give a rise of better than 3%, as this chart shows:
And 20% of those employers intend to award salary increases of 6% or more in their next review.
Recruiters at Hays say they have seen a major increase in the recruitment of mobile and web technology skills, which has increased overall salaries for software developers and engineers.
Senior project managers are being paid $140,00 to $180,000 a year and project directors up to $220,000.
“Technology skills, which have always been hard to find, are critical in our digital economy and employers are acknowledging this by doing what they can to ensure relevant skills are retained in the long run,” says the annual Hays survey.
“More often, we are seeing cultural fit as a key attribute sought after by employers with a long-term vision.
“Hiring intentions across IT will remain high and organisations will continue to look for those on the cutting edge.
“Candidates who can demonstrate agility and flexibility are prized assets.”
Advertising and Media employers have also become more free with rises, with 16% (up from 12%) expected to increase salaries above 6% and 42% saying they expect better than 3%.
The Hays guide is based on a survey of more than 2,950 organisations, representing more than 3 million employees.
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