Super and insurance take the lead on salary hikes

Superannuation and insurance jobs attracted some of the highest salary rises in Australia last year, a survey shows. Unlike other financial services sectors, which stayed static in 2013, superannuation and insurance experienced 6 per cent year-on-year growth, according to Seek’s annual salary improvement report.  

The spike, which saw the average super and insurance salary rise from $74,927 to $79,384, was matched only by the sport and recreation sector.  

At the other end of the table, just 9 per cent of industries across Australia experienced no salary growth, including financial services divisions like banking.   

Seek’s HR manager Rebecca Supierz said employees looking to increase their earnings in 2014 should invest in skill development.   

“In the current economy, employers are seeking skilled, efficient and experienced workers who can quickly and effectively contribute to the organisation’s bottom line,” she said.  

The research was based on surveys of more than 1000 working Australians.