Salary Reviews: A Guide for Employers

Salary Reviews: A Guide for Employers

SHANNON: Hello and welcome to P2P Live. I'm Shannon Barlow, Managing Director for Frog Recruitment in New Zealand, a part of the People to People Group. Today, I'm stepping in last minute to host the show, so please go easy on me. On the show, we have Emma Pottinger joining us to discuss how businesses can ensure their salary reviews are done right. Welcome, Emma!

EMMA: Thank you, Shannon. As the year ends, businesses are gearing up for annual salary reviews—a tradition involving assessing employee performance, setting expectations, and aligning development with company objectives.

SHANNON: Absolutely, Emma. Preparing for effective salary reviews involves gathering essential data, considering market benchmarks, and incorporating employee feedback. Transparency and communication are key, scheduling one-on-one meetings, discussing goals, and providing clear explanations and decisions.

EMMA: True, Shannon. Open communication is crucial. Also, set clear expectations for the future, discussing goals, development plans, and growth opportunities for the upcoming year.

SHANNON: Those are excellent tips, Emma. It's not just about businesses; employees can benefit too. And speaking of salaries, our poll shows that almost 63% of respondents feel confident enough to ask for a pay rise.

EMMA: That's encouraging. Confidence in discussing salaries is essential. And for our new poll, we're asking if job responsibilities have increased since the last pay rise. Share your thoughts and experiences.

SHANNON: Thanks, Emma. And thank you all for joining us on P2P Live today. Until next time, take care!

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Season Two

Join Group Managing Director Mark Smith for the latest insights into the employment and job seeker markets. Explore our hot jobs across Australia and some exciting opportunities abroad in New Zealand and the United Kingdom. This week, Mark is joined by Recruitment Consultant Emma Pottinger to discuss how you ensure you get your team's salary reviews right the first time and retain top talent heading into 2024.

Emma joined people2people in February 2023 coming on board our Adelaide team as a Recruitment Consultant. Before joining our South Australia office at P2P, Emma worked in customer service-facing roles across the United Kingdom eventually moving to Australia and entering the Real Estate industry. After working as Sales Manager across several real estate firms in Australia, Emma decided that she wanted to move into the Recruitment industry. Emma has been able to transfer her skills and experience of working with and managing people over to the recruitment industry and hit the ground running in her new career.