Construction professionals can expect a pay rise this year, according to a survey recently released by global professional recruitment group, Hays.
The survey, which included more than 3,400 organisations, revealed that 54 percent of construction, engineering and property employers will increase salaries by three percent or less.
It also revealed that 57 percent of construction, engineering and property professionals say a pay rise is their number one career priority this year.
“Evidently, the aggregate effect of several years of sedate salary increases is taking its toll and we’re now seeing a tug of war over salaries,” says Simon Bristow, senior regional director of Hays Construction.
“We have professionals telling us they’ve prioritised a pay rise and are prepared to enter the job market to improve their earnings. On the other, employers tell us they want to add to their headcount and are being impacted by skill shortages, yet they plan to curtail salary increases.
Salary pressure has stabilised in NSW and in the ACT, while Victoria continues to experience high demand for several roles.
“In Victoria, demand is rising for experienced contract administrators, project managers, design managers, engineers and site managers in civil infrastructure and the commercial market. Salaries continue to increase as a result.
“In Tasmania, ongoing skill shortages will keep upward pressure on salaries, particularly in infrastructure.
“South East Queensland’s solid project pipeline will fuel high demand for commercial estimators, contract administrators and infrastructure professionals. However, we expect salaries to remain relatively stable after a period of growth.
“Perth’s active commercial sector will create demand for project and construction managers. Despite this, salaries will remain stable.
“Commercial construction has improved in South Australia and the civil construction market will be strong. Salaries however will remain stable. Salaries will also remain consistent in Darwin.
“We’re also seeing salary growth in regional locations. This is likely to continue as organisations attempt to attract skills in short supply from major cities.”
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