The Australian jobs which underwent the biggest advertised pay increases last year have been revealed.
According to data by Seek, which analyses the growth of advertised salaries for various roles, many common jobs saw decent increases in 2023.
But the highest increase in advertised pay in Australia went to those in the insurance and superannuation sector.
Roles in this industry saw a 9.2 per cent pay increase over the year to July.
This was followed by the community services and development industry, which rose by 6.7 per cent.
Those in trades and services also saw a modest growth at 5.9 per cent.
Meanwhile, the slowest growth was recorded in government (0.9 per cent year-on-year), continuing a trend of slow public sector growth.
SEEK senior economist, Matt Cowgill, said advertised salary growth “remains solid”.
“After a few months of softer growth, it has now ticked up slightly higher in July,” he said.
“The Fair Work Commission’s decision to raise award wages by 5.75 per cent was likely a contributing factor here — but it’s notable that the most award-reliant industries, such as hospitality and tourism, didn’t see particularly strong growth.”
Here are the biggest salary increases:
- Insurance and superannuation: 9.2 per cent increase.
- Community services and development: 6.7 per cent increase.
- Trades and services: 5.9 per cent increase.
- Retail and consumer products: 5.5 per cent increase.
- Construction: 5.4 per cent increase.
- Administration: 4.8 per cent increase.
- Accounting: 4.8 per cent increase.
- Sales: 4.7 per cent increase.
- Design and architecture: 4.6 per cent increase.
