MEDIA RELEASE Wednesday, 6 August 2014
Demand for graduates to work in Australia’s expanding agriculture sector continues to grow despite recent data1 revealing graduate job rates across all sectors are the worst in two decades.
Results from the Rimfire Resources HR Review launched today, reveal succession planning is driving the recruitment of graduates, providing those entering the sector with greater job security and bright career prospects.
Managing Director of Rimfire Resources Mick Hay said historically 85 to 95 per cent of graduates with a qualification in agribusiness or agriculture find work within six months of graduating.
“These results are in stark contrast to a shrinking mining industry typically looked upon as the mecca for job seekers,” he said. “Graduates who are considering their career options should definitely take a second look at Agriculture, which is showing real growth and exciting career prospects.”
Now in its twelfth year, the Rimfire Resources HR Review surveys human resource (HR) professionals and general managers in agribusiness to evaluate remuneration and employment trends.
Further to the boost for graduates, the results highlighted agriculture’s continued demand in the jobs market with salary increases between 2-4 per cent in 2014.
Mr Hay said: “Almost 80 per cent (79.4 per cent) of organisations participating in the Rimfire Resources HR Review reported an increase in salaries for the year. In addition, more than 80 per cent (80.2 per cent) predicting further increases of between 2-4 per cent in the next 12 months.”
He said while salary increases have dropped back to CPI levels when compared to the last two years, salary increases are still trending upwards with demand for skilled workers remaining strong.
“In the past two years, annual agribusiness salary rate increases have grown at close to double the rate of CPI, a growth rate only exceeded by the mining sector,” he said. “The 2014 results show that while salary rate increases have stabilised or fallen back in line with CPI, the sector continues to grow and that’s great news for all current and prospective agribusiness professionals.”
Rimfire Resources HR Review topics covered include agribusiness sector-specific benefits packaging information, salary reviews, human resource management practices, performance management schemes and recruitment practices.
1 Graduate Careers Australia annual Australian Graduate Survey Page 1 of 2
For further information on the Rimfire Resources HR Review, contact Nigel Crawley or Katrine Sear on 03 9645 5200.
For media enquiries contact Sarah Kulman, Currie Communications, on 03 9670 6599/ 0400 006 295.
Rimfire Resources HR Review provides companies operating in agribusiness to access sector- specific reviews of trends to assist them to develop and implement competitive remuneration and HR policies. The HR Review complements Rimfire Resources’ well-known annual Agribusiness Salary Review and provides insight and market knowledge into emerging trends, developments and data on a range of human resource practices and trends relevant to agribusiness.
HR Review topics covered include agribusiness sector-specific benefits packaging information, salary reviews, human resource management practices, performance management schemes and recruitment practices.
Download the full Media Release here: Rimfire_HR Review media release_graduate