While financial services recruitment remains weaker the sector will remain stable for the next year, according to a Michael Page International survey.

But hiring is expected to increase in the insurance and superannuation sectors, says Regional MD Phillip Guest.

“Hiring activity is strong across the insurance and superannuation sectors in Australia,” he said.

But for the rest of the financial services industry, including advisers, the employment outlook is stable.

“Looking ahead, a year of stability rather than growth is expected across the financial services employment market as uncertain global economic conditions continue to deter professionals from moving roles and risking job security,” Mr Guest said.

“A focus on replacement hiring is expected in place of new jobs creation. However, this situation may change toward the end of the year as resources become stretched and skill gaps become apparent.”

The recruiter says financial services managers in a small to medium company are earning $70,000-$100,000, rising to $130,000 for those in a larger organisation.

The salary of a head of operations should be $100,000-$180,000, depending of the size of the business.

Adviser salaries range from $75,000 to $150,000 depending on the size of the business and an adviser’s experience.

A practice manager’s salary would range from $120,000 to $180,000.

At the other end of the scale, a paraplanner should be paid $50,000-$60,000 in a small practice, rising to $65,000 in a larger organisation.