Despite the impact of the sector’s decline on resource-dependent states, the Robert Walters Global Salary Survey has found average Australian permanent salaries within the industry are expected to rise by 1.65% on last year’s average.

This figure is favourable when compared with the 1% permanent salary growth experienced in the sector last year.

Robert Walters Australia and New Zealand managing director James Nicholson said the improving economy would drive the rise.

“Looking ahead, we expect to see salaries increasing slightly as market conditions improve and more professionals look to change roles in an improving economy,” he said.

“We anticipate increments of 10-15% for those moving to a new role in higher demand areas such as regulatory and compliance, business facing finance staff, sales and IT roles in financial service.

“Counter-offers will have a further compounding effect if demand outstrips supply.

“Overall, 2015 is likely to be a year of ongoing readjustment to the new industrial landscape in Australia as the country continues its journey towards economic recovery.”

Nicholson said the pressure would fall back onto hiring managers to secure the best quality candidates this year.

“Hiring managers looking for quality candidates in high-demand specialties will need to present compelling cases if they want to secure their ideal candidates in 2015,” he said.

“Speed and momentum during the interview process, as well as clarity of communication, will be critical.

“Prospective employees continue to seek salary increases when moving roles and will also desire transparency regarding potential career progression, as opportunities have been limited in recent years.”

The global salary survey is conducted annually and is based on analysis of placements made by consultants at Robert Walters.