Receive the latest mybusiness news
Copyright © 2020 MOMENTUMMEDIA

Employee overtime figures jump by 33% year-on-year

15 July 2021 1 minute readShare

New research has shed light on last year’s the overtime figures, which increased off the back of fears surrounding workplace fallout from the COVID-19 pandemic.

According to Hays’ FY21–22 Salary Guide, over the past 12 months, overtime increased in 33 per cent of organisations. Of this, 59 per cent of non-award staff were left unpaid for the extra hours.

Breaking down the figures, Hays noted that of those organisations that increased overtime, 20 per cent kept the average weekly additional hours to less than 5 per cent.

A further 38 per cent increased overtime by between 5 and 10 per cent, while 33 per cent increased overtime by 10 to 20 per cent. The remaining percentage saw overtime increase by over 21 per cent of their usual weekly hours.

“Last year, tight budgets forced employers to try to achieve more with less as they navigated their way through the crisis and back to growth,” said Nick Deligiannis, managing director of Hays in Australia & New Zealand, in explaining the results.

“But rising overtime is not a sustainable solution, especially when we know that further pressure will be placed on workforces in the year ahead. Almost two-thirds of employers say skills shortages will impact the effective operation of their organisation or department in the next 12 months.

“According to employers, the number one impact will be increasing workloads for existing staff (nominated by 62 per cent of employers). This is a dangerous indicator for employers, who risk their employees’ engagement, retention, and physical and mental health when overtime becomes excessive.”

Employee overtime figures jump by 33% year-on-year
mybusiness logo

Leave a Comment

Latest poll

How satisfied are you with the SME measures in the federal budget?