WORK­OUT Low pay loses staff

The Weekend Australian - Travel - - Career One -

ONLY 55 per cent of pro­fes­sional work­ers have re­ceived a pay in­crease in the past 12 months de­spite an acute short­age of labour, a study by re­cruit­ment firm Chan­dler Macleod has shown.

About 40 per cent of the in­creases were prompted by the em­ploy­ees, the study of 350 pro­fes­sion­als says.

The em­ployer re­luc­tance to re­ward staff shows poor re­ten­tion strate­gies in place, even though more than 90 per cent of em­ploy­ees claim salary in­creases are a cru­cial fac­tor in any job change de­ci­sion.

At this rate, many em­ploy­ers risk los­ing their staff, says Chan­dler Macleod ex­ec­u­tive gen­eral man­ager Luke Hen­ningsen.

‘‘ It is pretty clear that for Aus­tralian pro­fes­sion­als money still talks, and em­ploy­ers who are not pre­pared to reg­u­larly ad­just fi­nan­cial com­pen­sa­tion in line with the gen­eral mar­ket will face un­wanted loss of staff,’’ he says.

‘‘ Em­ploy­ers who sit back and wait for em­ploy­ees to come with salary re­quests are sim­ply be­ing com­pla­cent. In­creas­ingly in this mar­ket, em­ploy­ees are test­ing their value with other po­ten­tial em­ploy­ers and show­ing a will­ing­ness to walk from their cur­rent em­ployer if their re­quests are not con­sid­ered se­ri­ously,’’ Hen­ningsen says.

‘‘ To re­tain their best staff in this mar­ket, em­ploy­ers will need to be more proac­tive in man­ag­ing salary ex­pec­ta­tions and their re­ward sys­tems.’’

Learn­ing a win­ner

LIFE­LONG learn­ing is the an­swer to com­bat­ing fu­ture short­ages in the labour mar­ket, a dis­cus­sion pa­per pre­pared by Re­cruit­ment & Con­sult­ing Ser­vices As­so­ci­a­tion Ltd (RCSA) says.

The short­age is be­ing ag­gra­vated by var­i­ous fac­tors such as de­mo­graphic change, gov­ern­ment un­der-in­vest­ment in ed­u­ca­tion, stu­dent per­cep­tion that univer­sity de­grees are bet­ter than vo­ca­tional trades, and work­ers not en­gag­ing in for­mal learn­ing af­ter leav­ing ed­u­ca­tional in­sti­tu­tions to find work.

The pa­per says pub­licly funded train­ing pro­grams are tar­get­ing only the sec­tion of the po­ten­tially em­ploy­able work­force deemed to be ‘‘ des­per­ate’’ - the long-term un­em­ployed.

Says Paul Veith of IPA Per­son­nel, ‘‘ Re­cruiters are faced with lots of peo­ple, such as par­ents, com­ing into the work­force who need train­ing to be em­ployed, and yet they aren’t el­i­gi­ble to re­ceive it for free be­cause they are not clas­si­fied as ‘ dis­ad­van­taged’. Our in­dus­try needs fund­ing to train th­ese peo­ple.’’

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