Want a pay rise? Not likely, says company study
AUSTRALIAN workers expecting a pay rise next year may want to temper their expectations.
That's according to a study by website Airtasker, which apparently revealed that more than 55 per cent of Australian workers expect a pay rise in the next 12 months - but fewer than half actually received one in the past year.
The findings come after Productivity Commission chairman Peter Harris warned that growth in wages could slow to half the rate of the past 50 years.
At the same time, the company claims the number of Australians using online platforms such as Airtasker, UberX and AirBnB to earn extra money has doubled since January.
Have you had a pay rise lately?
This poll ended on 03 October 2015.
Yes, I've had a payrise in the last 12 months
I have never had a payrise
I haven't had a payrise lately
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Airtasker's second study of Australian employment focused on a number of issues including pay rises, hours worked, type of employment and desire to earn extra money outside of "9 to 5" jobs.
The study was based on a representative survey by Pureprofile of 1015 employed Australians across the country and expands on the findings of the first Future of Work study released in January.
"As this study expands and broadens its scope, we find that it is exposing more pain points in the traditional '9 to 5' style of work," said Airtasker co-founder and CEO Tim Fung.
"More and more workers are turning to sharing economy platforms to remedy diminishing hours, slower wage growth, or simply to take charge of their work-life balance and become their own boss.
"Specifically, this study shows that there is still a strong desire among Australians to earn extra money through traditional work channels.
"However, we've also unearthed a mismatch in expectations with pay rises that we expect to grow as technology continues to evolve the way we work".
The study revealed:
• Pay rise expectations have outpaced the number of Australians who actually received a pay rise in the past 12 months, across all age groups.
• The number of Australian workers using online platforms such as Airtasker, UberX and AirBnB to earn extra money has doubled since January.
• More workers say they are looking for a new job compared to January.