Changing jobs could provide solid return: survey

financial services sector cent

28 January 2015
| By Nicholas |
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Financial services sector employees could pick up pay increases of 10 to 15 per cent by moving jobs, while counter-offers from current employers could further boost their salaries, a new survey reveals. 

Specialist recruitment consultancy firm, Robert Walters, forecast that the improving economic conditions would also see slight increases in permanent employees' salaries of 0.65 per cent in the banking and financial services sector in 2015. 

Robert Walters managing director Australia and New Zealand, James Nicholson, said improved market conditions had created an environment where financial services workers had started to look to move roles. 

"We anticipate increments of 10 to 15 per cent for those moving to a new role in high demand areas such as regulatory and compliance, business facing finance staff, sales and IT roles in financial services," he said. 

"Counter-offers will have a further compounding effect if demand outstrips supply." 

The survey also revealed that permanent financial services staff based in Brisbane will see the highest rate of growth at 4.8 per cent.

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