salary trends report - introduction

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INTRODUCING... Salary Trends provides comprehensive and insightful data on remuneration trends in the health and community services sectors in Western Australia. Published three times a year in March, May and September. • The March edition provides useful salary data and trend forecasts to assist employers to set annual pay increases for executives and other employees on common law employment contracts. • The May edition gives a summary of any Federal Budget changes impacting on pay, fringe benefits or superannuation. • The September edition provides a half yearly update on key remuneration data and a summary of annual online salary surveys for corporate service roles. Julian Keys has been providing remuneration and management consulting services in Western Australia for 19 years, including 8 years as Managing Director of STeP Salary Packaging. Connect with and follow Julian on LinkedIn http://linkd.in/1cD2paY, or Twitter @SalaryOne and @JK_Ideas. TREND$ SALARY CONTENT INCLUDES: • Consumer Price Index • Average Weekly Earnings Index • Wage Price Index • SEEK Salary Snapshot • FairWork decisions • Enterprise Agreement Pay Rises • Other Remuneration Trends – pay, fringe benefits, superannuation • Online salary surveys published by recruitment firms All the key salary data for health and community services in one document, emailed to you in PDF. PAY ONLY $440 for an annual subscription (3 editions) + GST

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Page 1: Salary Trends Report - Introduction

INTRODUCING...Salary Trends provides comprehensive and insightful data on remuneration trends in the health and community services sectors in Western Australia. Published three times a year in March, May and September.• TheMarcheditionprovidesusefulsalarydataandtrendforecaststoassistemployerstoset

annualpayincreasesforexecutivesandotheremployeesoncommonlawemploymentcontracts.

• TheMayeditiongivesasummaryofanyFederalBudgetchangesimpactingonpay,fringebenefitsorsuperannuation.

• TheSeptembereditionprovidesahalfyearlyupdateonkeyremunerationdataandasummaryofannualonlinesalarysurveysforcorporateserviceroles.

Julian Keys has been providing remuneration and management consulting services in Western Australia for 19 years, including 8 years as Managing Director of STeP Salary Packaging. Connect with and follow Julian on LinkedIn http://linkd.in/1cD2paY, or Twitter @SalaryOne and @JK_Ideas.

TREND$SALARY

CONTENT INCLUDES:• ConsumerPriceIndex• AverageWeeklyEarningsIndex• WagePriceIndex• SEEKSalarySnapshot• FairWorkdecisions• EnterpriseAgreementPayRises• OtherRemunerationTrends–

pay,fringebenefits,superannuation• Onlinesalarysurveyspublishedbyrecruitmentfirms

All the key salary data for health and community services in one document, emailed to you in PDF.

PAY ONLY $440 for an annual subscription(3editions)

+GST

Page 2: Salary Trends Report - Introduction

[email protected]

12 months subscription for Salary Trends report (3 editions)Price: $440 plus GST = $484Pay by bank transfer to Imeka Pty Ltd BSB 086-420 Account 89-733-0978

SUBSCRIBE NOW

www.salaryone.com.au

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The publication is protected in accordance with provisions of the Copyright Act. It must not be transmitted or distributed to other organisations, members or persons without the written permission of Imeka Pty Ltd (trading as SalaryOne).

REMUNERATION & MANAGEMENT CONSULTANTS

SALARY TRENDS STATE / WA INDUSTRY / HEALTH & COMMUNITY SERVICES

3

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

-15%

-25%

15%

5%

-5%

10%

0%

-10%

-20%

Mining & Resources

Engineering Healthcare & Medical

Government & Defence

Accounting Education & Training

Community Services

Customer Service &

Call Centres

Office & Administration

Dec - 13Sept - 13Annual Increase

2013

State VS Nation Comparison Industry Comparison

20.5%EDUCATION

HEALTH & MEDICAL 2.4%

MINING 14.4%COMMUNITY SERVICES 13.2%Every job listed on seek.com.au is required to specify

a minimum and maximum salary range. This table

shows median salaries in September and December

2013 for advertised vacancies, and the annualised

percentage change.

Community Services salaries increased 13.2% while

Mining jobs fell 14.4%, Education jobs fell 20.5% and

Healthcare & Medical jobs fell 2.4%.

SEEK SALARY SNAPSHOT

The Wage Price Index in WA fell from an annual average

of 4.8% in June 2012 to 3.4% in June 2013. The national

average dropped to 2.9% from 3.7% the previous year. 1

Health & SocialMining Education

ConstructionFinance All

ProfessionalAdmin Linear (All)

The trend line for the Wage Price Index for selected industries is down,

with marked reductions in mining and other industries. The health care

and social assistance sector bucked the trend with 3.4% increase over

12 months compared to 2.6% in the previous year. 2

1. (Ref: ABS, Cat 6345.0, original series, total hourly rates of pay excluding bonuses)

2. (Ref: ABS, Cat 6345.0, original series, total hourly rates of pay excluding bonuses)

AUSTRALIAWA

4.8%

3.4%3.7%

2.9%

ANNUAL CHANGE % ANNUAL CHANGE %

2.02.5

5.5

4.5

3.5

5.0

4.0

3.0

2011 2012

WAGE PRICE INDEX (JUNE)

ISSUE 1 / FEB 2014ISSUE 1 / FEB 2014

SALARY TRENDS STATE / WA INDUSTRY / HEALTH & COMMUNITY SERVICES

2

In May 2013, AWE in WA were $1,646 a week,

16% higher than the national average of $1,422

a week. WA has been 10% or more above the

national AWE for the past three years.

The CPI index for the year to December 2013

was 2.9% for Perth and 2.6% nationally.

This was higher than 2012 but the 5 year

trend line is down.(Ref: ABS, Cat 6401.0, all groups seasonally adjusted)

(Ref: ABS, Cat 6302.0, trend series, full time, ordinary time)earnings)

CONSUMER PRICE INDEX

EXECUTIVE SUMMARY

AVERAGE WEEKLY EARNINGS INDEX

National

National

Perth

WA

Linear (Perth)

Variance

2011

2008 2009 20102013 2013

0.0%

0.0%

1.0%

5.0%

2.0%

10.0%

3.0%

15.0%

4.0%

20.0%

2008 2009 2010 2011 2013 2013

$1,000

$1,200

$1,400

$1,600

$1,800

• Theforecastforthenext6monthsisforannualpayincreasesintherange2.5%to3.0%.

• CPIforPerthandnationallyhasbeenintherange2.1%to3.0%forthepast4years.

• AveragefulltimewagesinWAcontinuetotrend10%-15%abovethe

nationalaverage.Afterastrongincreaseinthewagepriceindexin2012,selected

industriesallrecordedunder3.5%growthintheyeartoJune2013.

• MediansalariesforadvertisedvacanciesonSEEKbetweenSeptemberandDecember

2013increasedforCommunityServices,AdministrationandAccounting;butfellfor

Mining,Engineering,EducationandCustomerService.

• Enterpriseagreementsinthehealthandcommunityservicessectorin2013wereinthe

range3.0%to4.0%.Inatleastonecase,theincreasewashighertomeetthe

EqualRemunerationOrder.

ISSUE 1 / FEB 2014

TREND$SALARY

ISSUE 1 / FEB 2014

STATE / WA INDUSTRY / HEALTH & COMMUNITY SERVICES

ADDING VALUE TO PAY & BENEFITS

ImekaPtyLtd(ABN74138044774)tradingasSalaryOne POBox405,FloreatWA6014