20/21 Salary Guide New Zealand - A COMPREHENSIVE SALARY GUIDE - Retailworld Resourcing
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20/21 Salary Guide A COMPREHENSIVE SALARY GUIDE AUCKLAND WELLINGTON CHRISTCHURCH New Zealand including INDUSTRY PROFILE, EMPLOYEE MELBOURNE SYDNEY BENEFITS & ADELAIDE MOTIVATIONS BRISBANE CANBERRA PERTH retailworldresourcing.com © Retailworld 2020
Foreword Since 2002 Retailworld has been encouraging retailers to position our industry as a sector of choice and having conversations about how you can promote your business as the employment brand of choice. Regardless of unemployment rates the objective is to attract the best talent that the market has to offer, while there is talk of our unemployment figures hitting double digits, now more than ever it is essential to have the ability to attract the best candidate. With our industries being so customer facing, having the right people on the frontline delivers the ultimate brand experience. The content provided in this salary guide gives current market insights to what is motivating candidates both in terms of moving jobs or expectations within their current employment. Use the insights to align your employment attraction communication with what candidates are seeking. Consider the insights in relation to Contents employee retention, have you identified your top talent and are you addressing the needs that have been identified through the large sample of responses that we have summarised. Understanding the Data page 2 For some time now we have experienced that job boards Local Market Outlook page 3 are not delivering sufficient quality candidates to match our vacancy requirements. Over the past 24 months we have Performance Metrics & Agency Feedback invested heavily in our database, our own job board and (the things that matter) page 4 additional creative candidate engagement strategies so that we can quickly present you with quality candidates. Our cost Salary Table – Shopfront page 4 of candidate acquisition has quadrupled however we believe Profile of Respondents – Shopfront page 5 our investment in candidate acquisition in our competitive advantage and is to your benefit. We have included data on our Employee Benefits & Motivations agency performance metrics within this guide. – Shopfront page 5 Covid has side-swiped 2020 and we expect to see the impact Salary Table - Executive page 6 of the pandemic play havoc on our industry well into 2021. Profile of Respondents – Executive page 7 Having a competent team can assist with ensuring every customer interaction and sales opportunity is maximised. See Employee Benefits & Motivations our Covid insert for relevant data and considerations that relate – Executive page 7 to the unique trading environment we currently face. Talk to your local Retailworld team about how this data relates to your market, team or job vacancy. UNDERSTANDING THE DATA The data is collected across salary figures, we have applied Performance-based bonuses New Zealand from both active the average range typical to the are generally on offer for most & passive job seekers. An role or discipline. Generally, the levels of management and are extensive survey provides us more senior the role, the higher excluded from the salary data. with insights that are relevant for the deviation in the salary range. job positioning and candidate If you’d like further information acquisition. The figures shown exclude or specific current market advice Kiwisaver or Superannuation. on salary expectations for your We have provided salary ranges In the case of salary packages business, our experienced for each role indicating the where a car or car allowance is Account Managers can discuss typical average salary bracket in included, we have not included this with you in further detail. the market. In order to address the value of the car or car large deviations from the salary allowance in the salary data in ranges and to provide realistic this guide. 2 retailworldresourcing.com © Retailworld 2020
Local Market Outlook AUCKLAND LOWER NORTH SOUTH ISLAND The Auckland, Waikato and Bay of Plenty ISLAND The South Island has experienced strong experienced significant growth over the and consistent growth over the past With no new malls, shopping precincts past year, with new shopping precincts 12 months with exciting new brands or big chains appearing in the Lower opening including Westfield Newmarket, entering the market as well as existing North Island in the last 6 months of 2019, Bayfair, Tauranga Crossing and the brands opening new or refurbished the market was still buoyant and trading much anticipated Commercial Bay, we stores across Christchurch, Dunedin, well in most cases. Retailers were actively have seen this growth also extend to Queenstown & Nelson. pursuing hot talent, and strong candidates new retailers entering the New Zealand were experiencing multiple offers as well The new Super Centre in Northlink market creating healthy competition as counter offer situations. The months opening has brought much wanted not just for product offering and in the lead up to lockdown were similar change, hosting big retailers and Tower therefore customer base but within the across the board, both in the regions and Junction having a recent refurbishment. employment / recruitment space. Wellington. The Christchurch CBD has also continued Retailers are starting to take note of their to go from strength to strength with Like many markets across New Zealand, own Employment Brand and what ‘image’ more businesses opening, with the Covid has had a significant impact on they have in the market. An increase in attraction of the Riverside Market this led hiring decisions and this has been felt professional development and more to a $12m+ increase in spending in the the most in Wellington - along with it formalised training plans for new and CBD compared to the previous year. being Election year which traditionally existing staff have become more critical is a soft market for the city, employers in Across the regional towns of than ever, along with retailers starting to some sectors are reluctant to hire staff Queenstown, Nelson & Dunedin we have develop stronger benefits packages which just yet. The regions, in particular Hawkes seen a shortage of quality candidates go beyond remuneration. Bay, have recovered faster and it’s still a actively applying for roles. This has led to Candidates are also taking into hunt for strong candidates, especially in a majority of candidates coming from our consideration the recruitment process supermarkets, large format and hardware. database and referrals. into their decision making. Short, We are starting to see candidates coming Across the South Island, we continue efficient, well run processes are more into retail from other industries that are to see strong retail sales and new retail favourable - it’s all about that first effectively hibernating, bringing an array of developments opening which will impression. transferable management and operational provide an exciting 12 months ahead. skills into the market. These candidates are challenging the norm and the mindset of retailers around what a great candidate looks like and how I can draw from these skills and use them to my advantage. Clients are starting to request candidates out of retail in some cases and this is bringing a new feel to the way people are building their teams. Team fit and attitude is playing a huge part in hiring decisions and it is a focus for many clients, more so than pre Covid. Agency network Australia New Zealand Auckland 1.6M Palmerston North Brisbane 2.48M 76,000 Perth Wellington 382,000 Sydney 5.48M Christchurch 2.28M Adelaide Canberra 1.38M Melbourne 390,000 364,000 5M (Population Australia, 2020) (worldpopulation.com, 2020) 3 retailworldresourcing.com © Retailworld 2020
Performance Metrics and Agency Feedback (the things that matter) 48 21 14% “ GREATEST BARRIER WE COME UP AGAINST Ask WHEN FILLING A ROLE HOURS DAYS me about 49 is how quickly to successfully place of our placements % my metrics / ” our clients receive a candidate with activated a KPIs. 30% a shortlist from your business replacement Retailworld guarantee – Our goal 21% Resourcing is to keep this under 15% 61% OF VACANCIES ARE FILLED BY SKILL SET CLIENT BRAND RETAILWORLD VS SALARY COMMUNICATION APPEAL EXPECTATIONS WITHIN REASONABLE “ TIMEFRAMES A good brief and WHAT CANDIDATE SKILLS WE ARE NOT 96 % clear timeframe, equal ” SEEING ENOUGH OF? the best result. 47% OF OUR JOB LISTINGS COME FROM EXISTING CLIENTS 30% 23% 75% OF CANDIDATE 50% OF APPLICATIONS FROM 81% OF CANDIDATES PLACED APPLICATIONS FROM OUR RETAILWORLD BY RETAILWORLD ARE EXPOSURE TO PERFORMANCE COMMERCIAL EXTERNAL JOB RETAIL SPECIFIC JOB EXISTING CANDIDATES FINANCIALS MANAGEMENT ACUMEN – BOARDS DON’T FIT BOARD ARE ADVANCED IN OUR DATABASE SKILLS UNDERSTANDING THE BRIEF TO AN INTERVIEW & IMPLEMENTING BASED ON SKILLS REPORTING Shopfront SALARY GUIDE SECTOR COMPARISON FASHION / FOOTWEAR / ACCESSORIES / JEWELLERY HEALTH / BEAUTY / FITNESS STORE MANAGER $50-65k $50-60k ASSISTANT STORE MANAGER $48-55k $48-55k LARGE FORMAT TECHNOLOGY FURNITURE / HOMEWARES STORE MANAGER $80-120k $55-80k $60-100k ASSISTANT STORE MANAGER $60-80k $48-55k $55-65k DEPARTMENT MANAGER $50-60k OTHER 3IC / KEY HOLDER $40-50k SPECIALITY SALES CONSULTANT $50-$65k FULL TIME SALES ASSISTANT / REPRESENTATIVE $40-50k *Minimum wage due to increase on 1st April 2021 4
PROFILE OF RESPONDENTS – SHOPFRONT GENDER AGE YEARS WORKED IN CURRENT ROLE 40 58 % % 25% 31% LESS THAN A YEAR 1 - 3 YEARS 43% 32% 4 - 5 YEARS 10% 17% 14% MORE THAN 5 YEARS 16% 2% would rather not say 11 % YEARS WORKED IN RETAIL INDUSTRY HOURS WORKED 18-24 25-34 35-44 45-54 55 OR 1 - 2 YEARS 9% OLDER PER WEEK 5% 2 - 4 YEARS 24% 2% would rather not say LESS THAN 4 - 6 YEARS 12% 30 HOURS 6 - 8 YEARS 9% 8 - 10 YEARS MORE THAN 10 10% 37% 68% 31 – 45 HOURS 24% 46 – 50 HOURS EMPLOYEE BENEFITS & MOTIVATIONS 2% MORE THAN 61% 51 HOURS WHAT IS YOUR BONUS DEPENDENT ON? 38 38 ARE ELIGIBLE TO % % RECEIVE A BONUS IN THEIR CURRENT ROLE TOP 3 FACTORS DETERMINING 46% MOTIVATION AND 13% OF THESE RESPONDENTS ENGAGEMENT 6% 6% RECEIVE BONUS PAYMENTS MONTHLY OR 1 Career QUARTERLY progression PERSONAL TEAM COMPANY ALL - OTHER RESULTS RESULTS RESULTS PERSONAL, TEAM & COMPANY 2 Work-Life Balance HOW WELL DO YOU THINK YOU ARE PAID FOR WHAT YOU DO? 24% 3 Training & Development EXTREMELY POORLY 13% OF RESPONDENTS ARE ELIGIBLE FOR NOT WELL 25% ADDITIONAL LEAVE ON TOP OF THE STANDARD NEUTRAL 41% TOP 3 REASONS FOR ABOVE AVERAGE 19% CHANGING JOBS EXTREMELY WELL 2% 36% ARE NOT HAPPY WITH THEIR PAY 1 Career progression 22% RECEIVED A 78% EXPECT A PAY 39% ARE NEUTRAL 2 Work life balance WITH THEIR PAY PAY RISE IN THE RISE IN THE NEXT LAST 12 MONTHS 12 MONTHS 25% ARE HAPPY WITH THEIR PAY 3 Location 5 retailworldresourcing.com © Retailworld 2020
Executive SALARY GUIDE OPERATIONS SALARY RANGE (PER YEAR) Cluster / Group Manager $60-75k Regional Manager
PROFILE OF RESPONDENTS – EXECUTIVE HOURS WORKED PER WEEK GENDER AGE 36 % 3% LESS THAN 39% 58% 30 HOURS 24% 24% 58% 31 – 45 HOURS 13% 27% 46 – 50 5% 3% would rather not say HOURS 30 OR 30-40 40 - 50 50 OR 12% MORE THAN 51 HOURS YOUNGER OLDER 3% would rather not say 55 % 7% 27% 52% 21% HAVE WORKED IN THE RETAIL INDUSTRY FOR 10+ YEARS ARE NOT HAPPY ARE NEUTRAL ARE HAPPY RECEIVE ADDITIONAL WITH THEIR PAY WITH THEIR PAY WITH THEIR PAY CONTRIBUTION TO THEIR KIWI SAVER SCHEME 48% ASKED FOR A PAY 70% EXPECT A PAY RISE IN THE LAST RISE IN THE NEXT 12 MONTHS 12 MONTHS EMPLOYEE BENEFITS & MOTIVATIONS WHAT IS YOUR BONUS DEPENDENT ON? TOP 3 FACTORS 39 % DETERMINING JOB SATISFACTION & ENGAGEMENT 22 22% % 73% ARE ELIGIBLE TO 1 Work life balance 13% RECEIVE A BONUS IN THEIR CURRENT ROLE 2 4 Interest in day % 52 to day work % PERSONAL TEAM COMPANY ALL OF THE OTHER OF THESE RESPONDENTS 3 Remuneration & benefits RESULTS RESULTS RESULTS ABOVE RECEIVE BONUS PAYMENTS TOP 3 REASONS FOR ANNUALLY CHANGING JOBS 25% 1 Remuneration & 25 % ARE ELIGIBLE FOR RECEIVE TOTAL VALUE OF $10K OR MORE IN benefits MENTAL HEALTH DAYS OFF BONUSES ANNUALLY 2 Work life balance 3 Organisational culture 7 retailworldresourcing.com © Retailworld 2020
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