Global recruitment consultants Michael Page has released its salary and employment forecast for Australian retail for this year.
Michael Page regional director Richard Wynn believes that a spike in fashion retail jobs has been caused by retail giants such as H&M and Zara.
“It's an exceptionally exciting time for the high street. H&M were an outstanding entry into the market.”
Key findings from the report predict that employment opportunities in the retail sector are on the up.
In fact, 55 per cent of retail employers are planning to increase headcount over the next 12 months.
In addition, 53 per cent of retail employers rate the national economy as 'fair', with 35 per cent rating it 'good'.
47 per cent of retail employers rate overall confidence in the industry as 'fair', while 24 per cent believe its 'good'.
Finally, 79 per cent of retail employers have committed to rewarding their staff with a salary increase, with 65 per cent promising the reward of employee bonuses.
There is also some insight into where the job gaps are in the industry.
Mid level positions are set to be in the highest demand at 52 per cent, followed by entry level and management roles both at 23 per cent and specialist positions at 2 per cent.
The full report is now accessible through Michael Page's website.