21/05/2008 - 09:08

Over 65% of employees expect pay rise

21/05/2008 - 09:08

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Over two thirds of Australians expect to receive a pay rise this year, with one third claiming they will look for another job if their request is unsuccessful, a CareerOne.com.au survey says.

Over 65% of employees expect pay rise

Over two thirds of Australians expect to receive a pay rise this year, with one third claiming they will look for another job if their request is unsuccessful, a CareerOne.com.au survey says.

CareerOne Editor Kate Southam says the results show that while the Reserve Bank is calling for wage retraint, employees are seeking higher wages in an effort to cope with inflation.

"On the one hand we have the Reserve Bank calling for wage restraint as a way of coping with inflation and on the other we have employees looking for wage increases - again, to cope with inflation and the rising cost of living," Ms Southam said.

The survey also showed that while two thirds of those surveyed aren't aware of changes to the income tax system, 90 per cent handled their own finances, rather than seeking professional assistance.

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