The 2022-23 Hays Accountancy & Finance Salary Guide released this week found 91% of accountancy employers will increase salaries in their next review, up from 74% last year. Higher salary increases has been driven by a “once-in-a-career market” with 86% of employers currently experiencing skills shortages.
Almost half of Australia’s accountants believe they should receive a pay rise above 6% to reflect their performance. The guide however suggest that there will be a huge mismatch between expectations and employer offers with 84% of accountancy and finance businesses planning to offer 6% increases or less.
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