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Most people looking to make a career change have a list of priorities and preferences they look for in a new role. Some of the most common priorities include company culture, career progression opportunities, work-life balance and of course, salary and benefits. 

Traditionally speaking, job seekers often opt for a job paying a higher salary, however, in recent times, Australian employees are shifting towards a greater desire for work benefits over a higher salary. In fact, 80% of Australians say they would forgo a pay rise for better workplace perks, better job security and career progression opportunities.

When considering job opportunities, valuing both a high salary and comprehensive work benefits is essential for a well-rounded career decision. A competitive salary acknowledges the financial rewards for one’s skills and efforts, providing a sense of security and enabling a comfortable lifestyle. Meanwhile, strong work benefits such as health coverage, flexible schedules, and professional development opportunities contribute to overall job satisfaction and work-life balance. 

Overtime, a higher salary doesn’t guarantee happiness due to potential trade-offs like longer work hours, increased stress, and imbalanced lifestyles. Genuine well-being often arises from purpose, relationships, and work satisfaction, which money alone can’t provide. Balancing both aspects ensure not only financial stability but also a supportive and fulfilling work environment, fostering long-term career growth and contentment. 

Ultimately, your choice will be driven by your personal career goals. We think a good balance of both is the sweet spot for many roles, however this can vary depending on industry and type of role etc. Ensure to check about workplace benefits and salary in any role/company before accepting and see how well these align with your personal goals and workplace values.