Property companies rein in pay rises, but war for talent persists

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Australian property businesses have reined in annual pay rises to an average of 4%...

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The 4% increase over the year to February was down from an annual rise of 4.7% recorded over the...

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To partially compensate for lower pay increases, more than half of property businesses are finding...

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Skill shortages persist

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These shortages are being most acutely felt in the retirement living and aged care sector...

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For property developers, finding sales consultants, sales associates and development managers...

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Wages grew more than usual over 2023 and 2024 due to skill shortages. But that growth has started...

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Remuneration consultants Avdiev Report surveyed 452 companies spanning estate agents...

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Property businesses continue to face a delicate balancing act in attracting and retaining key talent...

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Nearly two-thirds (60%) have implemented measures to address gender pay gaps...

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