The Black Swan EST10 Salary Guide | Q3 2020/2021
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“ Each man should frame life so that at some future hour fact and his dreaming meet. Contents Director's Note 4 Market Insights 7 ” Victor Hugo Advice for Job Seekers 10 Advice for Hiring Managers 12 Salaries and Skills 15 Permanent Salary Ranges 16 Temporary Salary Ranges 17 Skills and Qualities Required 18 Position Descriptions 20 Executive Assistant 21 Senior/C-Suite Executive Assistant 22 Personal Assistant 23 Office Manager 24 Customer Service Team Leader 25 Human Resources Coordinator 26 Team Assistant 27 Marketing Coordinator 28 Customer Service Representative 29 Receptionist 30 2 3
Director's Note 2020 presented Australia and the skill to recognise and discern what COVID-19 was and still is a black swan “We were all born with wings. In times world with unforeseeable difficulties was working for us and, you, our event, a theory developed in 2007 by of doubt: spread them.” and challenges. Whilst we are not clients & candidates, and of course, Professor Nassim Taleb. An outlier through the other side, a positive what was not working. event, with extreme consequences, Kevin Myers future is in sight and we believe 2021 that in hindsight we might have has promise! We collected and captured the signs predicted. This black swan event has and emerging patterns relevant to our transformed the world we live in. For EST10, 2020 was one of our industry and the future employment toughest years. I am grateful however landscape. We have already seen positive signs for many of those challenges. It and indicators and have faith this Roxanne Calder provided an opportunity for reflection, By accepting the outer circumstances year will present Australia with strong Managing Director introspection and ultimately posing instead of ‘fighting’ them, we learned recovery opportunities. the forever essential question of our we always have a choice, even in the purpose and connection to society. most challenging moments. A vaccine is in production and with that, the hope of borders opening and It awakened our dreams and Personally, and collectively, our international travel. welcomed inspiration, creativity, and resilience and endurance have been the necessity to establish relevant flexed, tested, and strengthened. We have entered the year knowing changes within our business. It has provided me an immense we have made it through last year appreciation for history and all that and with gratitude for the kindness, As a recruitment business, the nature was endured before us. compassion, and wisdom we have of our job is to distinguish between acquired. fact and fiction. We used this habitual 4 5
Market Insights This guide will share our available To what the next few months might information and analytics. We hope it look like, The Reserve Bank of helps you to understand the current Australia predicts ‘GDP is not expected market and emerging opportunities. to return to its pre-pandemic level until the end of 20212’. Economy According to economists, a good In June 2020, Australia entered a indicator of the real impact recession, reported as the deepest of the recession is the rate of since the Great Depression in the unemployment. early 1930s. Technically we may be out of the recession, however, Unemployment rate unpredictability remains. The most recent unemployment In September, economists forecasted rate released for December is 6.6%. a ‘modest expansion in GDP1’, a A figure still somewhat higher than prediction that has been reflected, the pre-COVID rate of 5.1% but an with the September quarter seeing improvement on the July peak of a rise in GDP by 3.3%. A positive 7.5%. sign, however, set against a fall of 7% the previous quarter, the figures Underemployment is another critical demonstrate a 3.8% overall decline measure; it includes part-time through the year. workers who want more hours or full-time workers who did not work full-time hours. 6 7 1 https://www.msn.com/en-au/money/markets/what-does-being-in-a-recession-mean-and-what-does-it-mean-for-me/ar-BB18C8XF 2 https://www.rba.gov.au/publications/smp/2020/nov/economic-outlook.html
Underemployment has returned permanent positions. Full-time and part-time employment close to its pre-COVID rate, 8.5% for December 2020 compared to 8.2% for In over 50% of cases, the permanent As new norms and habits have been December 2019.3. roles secured were not the original established, we have seen a swing temporary position candidates were towards part-time opportunities being employed in. sought instead of full-time work. To note: It is estimated that Candidate availability in the temp In seasonally adjusted terms, in one in five of Australia’s market has also shifted. With December 2020: highly skilled expat restrictions on travel remaining, community has returned » Full-time employment there are fewer Working Holiday home in 2020, with the increased by 35,700 to Visa candidates available. However, trend continuing in 2021. In 8,761,400 people, and part- people who would ordinarily focus on October of 2020 - the federal time employment increased permanent employment are open to government said 398,000 by 14,300 to 4,149,300 people temporary assignments or short-term Australians had returned contract roles. We have also seen an » Over the year to December since mid-March4. increase in candidate flexibility when 2020, full-time employment considering different roles. decreased by 75,900 people and part-time employment Changes in the temp market This provides employers with a increased by 12,000 people wonderful opportunity to leverage » The part-time share of We continue to see an increase in some of these talented individuals’ employment over the past the demand for temporary staff expertise and experience. 12 months increased 0.3 and candidates being converted to percentage points to 32.1%3 8 9 3 https://www.abs.gov.au/statistics/labour/employment-and-unemployment/labour-force-australia/latest-release 4 https://www.foreignminister.gov.au/minister/marise-payne/media-release/more-flights-helping-australians-return
Advice for Job Seekers The job market is gradually to stay. We suggest job seekers Remain flexible improving; however, volatility still take responsibility for their own skill exists, as outbreaks emerge and development and become ‘skill- Be open to what your role may look restrictions change. If you are looking aware’. This includes understanding like today, tomorrow and in the for a new role and have carefully technology. future. Evolve with the change and considered it, now could be the time contribute to the navigation of it. to make a move. This awareness may be confronting Future proof your employability. The at first. It includes an accurate days of following set ‘job descriptions’ There has been a shift in the mindsets assessment of your weakness and have gone. Job descriptions will be of employers and job seekers. strengths, proactiveness in acquiring evolving, creating their own story and Employers increasingly ask for a new skills, and being realistic about entity. ‘values’ match as well as competency skills that may have been relevant Think big picture for the job. Some of the key attributes in the past but are not necessarily we hear mentioned as important are transferable or useful for your job or If looking for a new job, know what loyalty, trustworthiness, and integrity. industry in the future. it is you are looking for - well before We share this with you in encouraging starting the job application process. you to be ‘you’ at interview. ‘Working from home’ has continued This will help you with your decision Transparency is key for everyone in to be more of a norm, which will making. Being reactive and with today’s new world. remove geographical distances and a short-term view will not serve open up opportunities. you now. Continue to dig deep in Emerging jobs in the administration evaluating your decisions on all levels; space are becoming increasingly whether to leave a job and whether to skills driven and this trend is here accept a job offer. 10 11
Advice for Hiring Managers There has been a dramatic increase note, until a candidate has a contract this, the reluctance of people to leave other opportunities - this is less likely in confidence levels for hiring. Salary and letter of offer, they do not feel secure roles, unlike pre-COVID times, now and becoming a more formidable levels have also increased, particularly secure - despite any verbal offers. bringing a further constriction for proposition. for the more senior positions. talent supply. Last year, we witnessed an Another consideration to take into As businesses get back in the ‘game’, unprecedented number of offers Pre-COVID, we were already account is exceptional candidates they will need to accept the changes being withdrawn - despite contracts experiencing a severe tightening of who are available, commonly receive and offer the same flexibility they being issued. As such, I am sure you the talent pool; however, candidates multiple offers. expect from candidates. can understand the sentiment of were more likely to leave their jobs for candidates on this issue. In addition, Along with offering competitive as our recommendation, ensure the salaries, an efficient recruitment start date occurs as soon as possible! Best practice process will assist in securing your candidate. Understanding the Is it a market for employers? » Secure approvals before starting your hiring process candidate/job seeker psychology » Work with one agency exclusively - multi-listing is so 2020 is critical, with job security being Like a broken record, the availability » Prepare contracts and pencil in all interviews in advance number one on their agenda right of ‘talent’ remains a challenge. » Interview all candidates within 2-3 days of shortlist presentation now. ‘Job Seekers’ does not correlate to » Multiple interviews to be on the same day or within 3 days availability of talent. » Consider ‘wildcard’ candidates We have seen delays between » Offer on the same day as the final interview or the day after interviewing to offering and issuing From mid-December, there has » Provide an offer, pending references contracts, resulting in candidates been an increase in job vacancies for » Issue contract ASAP - no later than 24 hours from offer accepting alternative job offers. To administration professionals. Add to 12 13
Salaries and Skills... “Build your skills, notSheryl your resume. Sandberg ” 14 15
Permanent Salary Ranges Temporary Salary Ranges Annual Salary $ 50k 60k 70k 80k 90k 100k 110k 120k 130k 140k 150k + Hourly Rate $ 20 30 40 50 60 Senior/C-Suite EA Senior/C-Suite EA Personal Assistant Personal Assistant Executive Assistant Executive Assistant Office Manager Office Manager Customer Service Team Leader Customer Service Team Leader HR Coordinator HR Coordinator Team Assistant Team Assistant Marketing Coordinator Marketing Coordinator Customer Service Rep Customer Service Rep Receptionist Receptionist 16 17
18 HR Assistant Receptionist Team Assistant Office Manager Senior/C-Suite EA Personal Assistant Executive Assistant Customer Service Rep Marketing Coordinator Customer Service Team Leader l l Resilience l l l Extreme discretion l l l High EQ l l l l l Strong communication Ability to juggle conflicting l l l l priorities l l Strategic thinker l l l l Tech-savvy l l l Project management skills Skills and Qualities Required l Strong time management l l Problem-solving approach l Leadership l l Conflict resolution l l Negotiation l l Interpersonal skills l l Stakeholder management l Highly analytical l l Detail-oriented l Team player l Quick thinker Understanding of customer l profiles l Mastery of language l Investigative research skills l l l Adept multi-tasker l Innovative and creative l Patience l Adaptability l l Understanding of CRM l l Ability to work autonomously l l Strong customer service skills l Impeccable presentation l l l Willingness to learn and assist 19
Position Executive Assistant An Executive Assistant is the professional deputy. They keep Duties include: Descriptions... everything running smoothly and make the Executive’s life easier. The Executive Assistant role can vary depending on the size of the company » » » » Diary and travel management Meeting coordination Expense and invoice processing Email management and the level of the Executives they » Stakeholder liaison are supporting. » Answering and fielding calls » Taking minutes and typing In a small to medium company, this » Query resolution “jobA description, salary bracket can encompass an EA skilled worker, regardless of the at Managing Director or C-Suite level. However, in a larger organisation, the remains a treasure. candidate is more likely to support at Executive General Manger level and Madeleine M. Kunin have multiple executives. ” The support provided may be a mixture of both personal and professional, with varying degrees of access to diary and inbox. 20 21
Senior/C-Suite Executive Assistant Personal Assistant Executive Assistants (EA) make their Duties include: A Personal Assistant (PA) makes Duties include: C-Suite Executive look fabulous by an Executive’s household and life organising and simplifying their » Complex diary and travel run like a dream! PA’s take care of » Household management work-life. At the most senior level, management your personal/home administration » Running personal errands an Executive Assistant works in » Inbox management including household management and » Event organisation partnership with their C-Suite » Board meeting attendance staff. » Management of properties, Executive. » Research and reports cars, boats, art, etc. » Stakeholder liaison Personal Assistant’s look entirely after » Project management As well as full access to their diary and » Handling of confidential files personal duties supporting people » Family coordination emails, the Executive will lean on their » Project management such as high net worth individuals » Travel arrangements EA for strategic support. Adopting a » Strategic support for the CEO (HNWI), entrepreneurs, celebrities » Banking/investments Business Manager or Chief of Staff and chair and their households. management role is not unusual. Often the role will incorporate project work - both Some CEOs will have an EA, as well managing and assisting, possible HR as a PA, as they provide two distinct functions, as well as managing junior services. PA roles are demanding administration staff. often requiring an individual to be on-call 24/7 and will take care This role will vary depending on the of all varied aspects. Discretion, Executive; however, trust at this level understanding boundaries and is always the common denominator. confidentiality are all key for these positions. 22 23
Office Manager Customer Service Team Leader Office Managers are the go-to person Duties include: A Customer Service Team Leader is Duties include: in the office. No matter the problem, the motivator and cheerleader for an Office Manager knows how to fix it » Policy creation and the team, keeping morale high and » Coordination of the customer (or know the right people to call!). implementation supporting Customer Service Reps. service team » Organising the office » Management of customer With companies making cost » Research and reporting The Team Leader manages teams escalations reductions and watching their » Stakeholder liaison of up to 50 people, with calls mostly » Hiring and training of new staff headcount, we have seen the Office » HR functions, IT and facilities inbound and servicing customers. » Monitoring and evaluation of Manager role growing and absorbing » Project management team performance Executive Assistant, Administration » Team event organisation Communication and interpersonal » Process improvement Assistant and, in some cases, » Management of junior support skills are key to successfully managing » Providing customer support Reception duties. staff team performance and resolving » Action and implementing SOPs customer enquiries. Leading by » Overseeing day-to-day Office Manager positions can also example is a must, from providing operations vary depending on the needs of the excellent customer service to accurate business. This can move to encompass information sharing, updating systems some aspects of HR, accounting, and on-time reporting. IT, OHS and facilities management duties. Therefore, a successful Office New challenges include managing Manager will ensure business-wide communication across platforms effectiveness and efficiency through a and navigating a work from home proactive and reactive approach. environment. 24 25
Human Resources Coordinator Team Assistant Human Resources (HR) Coordinators Duties include: Team Assistants (TA) make great Duties include: are the ‘people people’! They want jugglers - supporting a team, they look everyone to love their job and to keep » Compilation of personnel data after multiple people with conflicting » Diary and email management your teams happy. and preparation of reports interests - without dropping the ball. » Travel coordination » Coordination of recruitment » Processing expenses and Due to the growing availability of HR activities In recent years, we have seen an invoices technology, there has been a shift in » Receiving and answering upward trend in the number of » Taking minutes and typing the functionality of the role with many queries people a TA supports, and this has not » Formatting presentations companies opting for a Recruitment » Assisting with onboarding changed. » Research and reporting Coordinator or even a strong Team » Liaising with internal » Providing ad hoc team support Assistant to take on some of the HR stakeholders This role is the true steppingstone » General administration tasks. » Arranging internal and to becoming a successful Executive external training Assistant while learning to prioritise For companies still preferring to » Processing of job and and maintain expectations of multiple hire HR Coordinators, the roles are entitlement applications people and communicating effectively. more administrative and focus on » Storing and retrieving files coordination as opposed to strategy The typical breakdown of a TA and the technical side of HR. position will see 20% of the time focused on the senior individual in the An HR Coordinator must be highly team, with the remaining 80% spread organised, comfortable with working across the remaining members. to tight deadlines and a people person. 26 27
Marketing Coordinator Customer Service Representative Making the organisation look great, Duties include: Customer Service Representatives are Duties include: Marketing Coordinators ensure your the relationship builders of a business brand message is on point and the » Research and reporting - they are the glue that keeps a » Resolving customer queries right people know your name. » Management of website/blog/ business connected to its customers. » Providing technical or product social media support Marketing support roles can vary » Content creation Customer Service roles vary » Making and receiving in titles (Assistant, Coordinator, » Monitoring of the market depending on the company and team; customer calls Executive), salaries and duties » Coordination of print collateral from processing customer orders » Updating databases depending on the company. » Sending email campaigns and assisting customer queries, to » Sending and receiving emails » Providing support for business handling complaints. Within the » Processing invoices and orders In small or medium-sized businesses, projects and events role, it is essential to communicate » Following up with suppliers the role can be more focused » Organising events effectively, listen well and identify and/or couriers on profile, measuring market when an issue may need to be » Providing exceptional performance and revenue generation. escalated. customer service Contrastingly, marketing support roles in larger businesses can be geared Traditionally, the roles were primarily towards a specific area of marketing. phone-based and situated in an office environment. Recently we Regardless, candidates must be able have seen a shift in these roles. to speak the language of the brand. Representatives can utilise technology They need to understand the vision to work from home and communicate and ensure all activities are aligned. with customers across a range of platforms. 28 29
Receptionist The Face of the Company, Director Duties include: of First Impressions or Concierge - whatever the title may be, the role » Meeting and greeting clients is to make everyone entering the » Maintaining the reception company feel welcome. area » Distribution of mail and In regular times, ‘reception’ has deliveries always been a pivotal part of an » Answering and transferring office, especially for those companies calls with a client-facing nature such as » Fielding queries finance and professional services. » Receiving and resolving With remote working, we have seen a complaints dramatic decrease in the demand for » Ad hoc administration new roles and vacancies. » Accepting deliveries For some industries, the role of the Receptionist has manifested differently. Their Receptionists have adapted, learnt more administrative skills and become the ‘go-to’ person for basic administration duties. 30 31
Contact Us Level 10, 66 Hunter Street, Sydney, NSW 2000 t 02 9002 0222 e info@est10.com.au www.est10.com.au 32 www.facebook.com/EST10/ www.linkedin.com/company/est10 @est10recruitment
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