Robert Walters Global Salary predicts increased market confidence and recovery in 2013

March 20, 2013 (PRLEAP.COM) Business News
March 20, 2013 - Now in its 14th year, the Robert Walters Global Salary Survey is the most comprehensive of its kind. Compiled by the company's dedicated research team and covering all 24 countries and disciplines in which Robert Walters specialises, the latest edition offers an overview of salaries and recruitment trends from 2012, as well as those expected in 2013.

The Australian economy remained comparatively healthy in contrast to many other countries. However, a combination of the slowdown of the mining and resources sector, the Chinese economic deceleration and the affects of global economic uncertainty eroded business confidence.

Robert Walters Managing Director Australia James Nicholson said "The Australian market will continue to be influenced by international trading conditions in 2013. However, there are indications of recovery in the resources sector as projects put on hold in 2012 are restarted. This is likely to have a positive effect on the wider economy, leading to increased confidence in all areas. Despite difficult trading conditions in 2012, even slight increases in momentum should lead to increased recruitment in 2013."

The survey also found that;
  • Tough trading conditions led to limited growth in the financial services and property sectors, both traditionally major employers. However, temporary and contract recruitment activity is expected to continue to alleviate skill shortages in high demand areas
  • We expect to see greater demand for skilled workers within the oil and gas sector in 2013 as projects in their construction phase continue to progress
  • In sales and marketing there will be increased demand for strategic and insight-driven marketing professionals, as many organisations view the customer experience as a major factor in increasing market share
  • The biggest salary increases for legal professionals are set to be for in-house lawyers, and in keeping with previous years, the shortage of private practice lawyers with 3-6 PQE continues

  • To find out more, or to request a copy of the Robert Walters Global Salary Survey, please visit www.robertwalters.com.au/career-advice/salary-survey.html

    For more information please contact Lillian Hafez on +61 2 8289 3237 or lillian.hafez@robertwalters.com.au.

    About Robert Walters

    Robert Walters is one of the world's leading global recruitment consultancies, specialising in the placement of permanent, contract and temporary positions across all levels of seniority. Our teams of professional consultants are renowned for their professionalism, integrity and exceptional recruitment consultancy services. Using a flexible approach to recruitment, we are committed to matching client needs to candidate aspirations to create mutual benefit for both. In Australia we have offices in Adelaide, Brisbane, Chatswood, Melbourne, Parramatta, Perth and Sydney.