![]() He said swapping annual pay reviews for quarterly or twice-yearly reviews was a good place to start, as this would allow companies to address an employee’s concerns before they started looking for jobs elsewhere. Robert Half Asia Pacific senior managing director David Jones said reducing staff turnover was key to managing the issue, as companies that retained staff did not have to pay a premium to replace them. More than six in 10 (65 per cent) of the 300 Australian hiring managers surveyed said staff had expressed concerns about unequal pay between new and existing employees – prompting 72 per cent to offer pay raises in response.ĭavid Jones, senior managing director at Robert Half, says reducing staff turnover is the best way for companies to avoid creating pay inequities. The research from recruitment agency Robert Half shows that 93 per cent of Australian business leaders are paying a salary premium to get workers through the door and that this is leading to tension among staff. Companies are adding an average premium of nearly 20 per cent to starting salaries in tech and accounting roles to snare workers in a tight labour market, new data shows.
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