Yahoo Finance The Aussie jobs getting the biggest pay bumps
New research has revealed which industries are handing out the biggest pay rises.
In the current cost-of-living crisis, many Aussies are looking for a pay boost to help them keep up with rising expenses, but some jobs are handing out bigger increases than others.
In the June quarter, wages rose just 0.8 per cent, and 3.6 per cent annually, according to the Australian Bureau of Statistics (ABS).
And the industries with the most significant pay boosts were construction (up 1.3 per cent) and professional, scientific and technical services (up 0.7 per cent).
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“For the third consecutive quarter, wages grew 0.8 per cent. Wage rises from regular June-quarter salary reviews were higher than in the same period last year, as recent cost-of-living and labour-market pressures were incorporated into organisation-wide decisions on wages,” ABS head of prices statistics Michelle Marquardt said.
Fewer pay rises, but bigger amount when they come
The number of jobs receiving pay rises over the quarter was slightly lower than in June last year, however the data showed that, of the jobs that did get wage increases, the increase was larger than this time last year.
The share of jobs receiving wage rises of 4 to 6 per cent, has continued to grow and is now at the highest level since 2009.
The share of jobs with wage rises of 3 to 4 per cent and above 6 per cent also continued to rise.
On the flip side, the share of jobs with wage rises of 2 per cent or less is at the lowest it has been since June 2012.
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