Story image

Australians choose better work / life balance over better pay

08 May 18

Robert Half’s newly released 2018 Salary Guide shines a light on the rising number of Australians that would take a lower salary in order to establish a better work-life balance.

Of the survey of 1,000 Australian office workers, 84% of respondents are willing to accept a lower salary for more benefits.

The report identified the top three preferred benefits as - flexible working hours (47%), option to work from home (40%) and increased annual leave (37%).

Director of Robert Half Australia, Andrew Brushfield, says while salary is a prime motivator and the main incentive of a remuneration package, it is just one component.

“Flexibility is increasingly becoming one of the most in-demand workplace benefits and Australians are actively seeking out job opportunities that not only satisfy their monetary ambitions but also their lifestyle needs, such as flexible working hours, the ability to work from home or additional holidays.”

Brushfield adds, “In a market characterised by slow wage growth, Australian companies might not be in a position to award pay rises or higher starting salaries.”

“In such cases, employees should consider negotiating for benefits other than more pay, such as training and professional development opportunities or more leave.”

“Employers are fast realising these non-monetary benefits help to build a satisfied, motivated, productive and loyal workforce.”

“In a candidate-short employment market, Australian companies benefit from diversifying their incentives offerings beyond the purely financial aspect in order to attract and retain high-calibre professionals.”

Why A/NZ organisations need to improve compliance protocols
Only a mere 4% of IT decision makers and data managers surveyed said their organisation faced no data management challenges. 
AWS tops all four global markets, APAC a unique case
The order of proceedings remains relatively the same in three of the four major regions for public cloud services providers, but the APAC market is bolstered by the prominence of China.
How artificial intelligence is transforming finance teams
"Organisations using cognitive ergonomics and system design in new AI projects will achieve long-term success four times more often than others.” 
Pure Storage launches new cloud data services
“Customers should be able to make infrastructure choices based on what’s best for their environment, not constrained by what the technology can do."
Is self-service BI living up to the hype?
the explosion of data available to a business and self-service BI tools is transforming how everyone works - but is self-service living up to expectations?
What the people say - Gartner’s November Customers’ Choices
A roundup of the latest Gartner Peer Insight Customers’ Choices from Backup and Recovery to Business Intelligence and Analytics, and more.
How organisations can use AI to generate business insights
DataRobot’s automated machine learning enhanced Precision Marketing’s predictive modelling capabilities.
WA council first to adopt new Datacom tech for local government
The early adopter Shire of Majinup’s initial priority is to use Datascape to help it engage more closely with its community.