The domestic and international business climate has become more complex in 2023 as inﬂation has gripped developed economies and seen higher interest rates to slow the pace of activity.
At the same time, the geopolitical environment has become more unstable and resulted in steep increases in prices for many materials and commodities, as well as serious supply disruption.
Across the board, the sustained period of steady, positive economic improvement of recent decades has been punctuated by a series of jarring global events. Australia and New Zealand have both been impacted by these developments. Both countries are experiencing a signiﬁcant slowdown in their economies as central banks try to eliminate the inﬂationary outbreak.
Organisations of all types are grappling with this rapidly changing outlook, while at the same time preparing for a host of changing government policy priorities in areas as diverse as manufacturing, defence, and care sectors.
Securing the talent to meet vital skills and workforce needs remains one of the biggest business challenges in both Australia and New Zealand. In this environment, it is more important than ever for businesses to have the most up-to-date and authoritative information to assist their decision-making.
This comprehensive guide has become a valued and indispensable tool for those wishing to understand the movement of wages and salaries across a range of occupations and positions in both Australia and New Zealand. The Salary Guide compiles accurate information on wages and salaries from our experts in the ﬁeld across key industry sectors. It includes a comprehensive analysis of the state of the economy in both countries, across states, territories, and regions, and a snapshot of the forces that are at play in each of the industry sectors in which we operate.
The 2023-24 Programmed Salary Guide is designed to provide business managers with the data, insights and information that will help inform the critical recruitment decisions that will be more important than ever in such rapidly changing circumstances.
We know that the need for reliable salary information is especially important in this period of labour scarcity. This document serves as a valuable resource in guiding your organisation in making critical decisions and building the workforce for the present, and the future.