Aussie workers more confident of pay rises than any other employees
AAP
February 07, 2013
Three-quarters of Australian workers are confident their pay will rise this year, a big increase from two years ago.
AUSTRALIAN workers are more confident than any other employees around the world about receiving a pay rise in 2013.
The latest Randstad Workmonitor report says three-quarters of Australian workers are confident of a pay rise this year, a dramatic increase on two years ago when just 46 per cent were expecting a boost to their pay packet.
This confidence is not shared by workers in many of the world's largest economies, with just 41 per cent of French, 42 per cent of Japanese and 57 per cent of German employees expecting a pay rise in the coming year.
Employees in the UK and the US are also less confident, at 61 per cent and 69 per cent respectively.
Randstad, a global recruitment and HR services specialist firm, said the expectations among Australian workers could present problems if organisations weren't performing well financially.
"A patchwork economy is still visible in Australia, with some businesses struggling while others show strong growth, so it is vital people have realistic expectations when it comes to pay rises," managing director Asia Pacific Deb Loveridge said, releasing the report today.
Businesses needed to be open with employees to prevent workers feeling disappointment and resentment if they didn't get a pay rise, she said.
Only 43 per cent of workers described the economy as "bad", compared with an average 61 per cent of employees worldwide.
The least confident were in the euro zone, where 98 per cent of Greek employees, 96 per cent of Spanish and 94 per cent of Italian labelled their national economic situation as "bad".
Over three-quarters (77 per cent) of Australian workers believed their workload increased last year, above the global average of 73 per cent.
Read more: http://www.news.com.au/money/money-matters/aussies-most-confident-of-pay-rises-in-the-world/story-e6frfmd9-1226572310613#ixzz2KFfsKpkA