Many Australian workers liked what they saw on their pay slip in January this year with the country recording an average 4.7 per cent increase in wages growth, AAP reports.
Research by consulting and outsourcing company Mercer identified a 0.2 per cent increase on last year’s figures, the highest growth in three years.
Mercer says that while there is pressure on companies to curb wages growth in the interests of keeping inflation at bay, many employers are forced into raising wages to hold onto staff.
The highest pay gains were recorded in the construction and energy sector. Conversely, engineering, sales and clerical roles all experienced wages growth that was less than the national average.
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