Market Salary Report (MSR)
What is Market Salary Report (MSR)
A Market Salary Report (MSR) is a professional, data-driven document used primarily in the Australian immigration process to demonstrate that the salary offered to an overseas worker meets or exceeds the relevant market rate for the nominated position. It provides evidence that an employer is paying a fair and competitive wage aligned with industry standards, which is a critical requirement for employer-sponsored visas such as the Temporary Skill Shortage (482) visa.
Why Your Visa Application Needs MSR?
A Market Salary Report (MSR) is essential for your visa application, especially for employer-sponsored visas like the Temporary Skill Shortage (482) visa, because it provides concrete evidence that the salary you offer meets or exceeds the Australian market rate for the nominated position.
Benefits of Our MSR
A strong Market Salary Report (MSR) offers several critical benefits for employers sponsoring skilled overseas workers in Australia, especially for visas like the Temporary Skill Shortage (482) visa
1. Ensures Compliance with Immigration Requirements: An MSR demonstrates to the Department of Home Affairs that the salary offered meets or exceeds the Australian market rate for the nominated position, helping to satisfy visa salary conditions and avoid refusals.
2. Supports Fair and Competitive Pay: By aligning wages with local industry benchmarks, an MSR ensures overseas workers are paid fairly compared to Australian counterparts, preventing wage exploitation and protecting the local labor market.
3. Salary Forecasting:
Plan ahead confidently with data-driven insights into future salary trends. This empowers your business to budget effectively and stay ahead of market shifts, avoiding salary surprises that can disrupt your recruitment or retention strategies.
4. Talent Attraction:
Attract and retain top overseas talent by offering competitive, evidence-based remuneration packages. Our MSRs provide the data-backed proof you need to make compelling offers that stand out in a crowded global market.
5. Strategic Planning:
Integrate accurate salary data into your annual budget cycles and workforce planning. Access actionable insights that enable you to align recruitment costs with your broader business goals and financial forecasts.
6. Industry Benchmarking:
Ensure your salary offers are in line with—or exceed—industry standards by benchmarking against up-to-date, sector-specific data. This keeps your organisation competitive and supports compliance with immigration regulations requiring market-aligned wages.
Why Choose Redeem Skills for Your MSR?
Redeem Skills Recruitment Solutions provides comprehensive Market Salary Report services for Australian visa applications, ensuring accurate salary benchmarking and DHA compliance. Our MSR for 482 visa application and 186 visa services cover detailed salary analysis across all industries and occupations. Each salary benchmark report for sponsorship includes comprehensive market research, industry comparisons, and regional salary data that support your employer nomination. Our market salary comparison report services and MSR writing for employer nomination help employers demonstrate fair remuneration packages that meet Australian market rates and satisfy Department of Home Affairs requirements for successful visa outcomes.
How We Tailor Your Market Salary Report?
We adopt a personalized approach to each MSR, tailored to your business, the relevant industry, and the nominated role.
Our expert-led process includes:
1. Role Matching:
Verification against ANZSCO codes
2. Data Sourcing:
Information from ABS, Jobs & Skills, industry awards
3. Benchmarking:
Salary comparisons with similar roles.
4. DHA Compliance Check:
Covers TSMIT and AMSR rules
Why Our MSR Reports Win Approvals
| Competitor Weakness | Our Solution |
|---|---|
|
Generic salary bands |
Occupation-specific ABS + other 3-4 portals comparison data |
|
No inflation adjustments |
Quarterly-indexed TSMIT calculations |
|
No regional variations |
Location-based modifiers (e.g., Sydney vs. Darwin) |
Critical MSR Components We Cover
| Element | Industry Standard | Our Solution |
|---|---|---|
|
Data Sources |
Generic salary surveys |
ABS + Jobs & Skills + 3-4 job portals integrated benchmarking |
|
TSMIT Compliance |
Basic threshold check |
Inflation-adjusted TSMIT projections |
|
Position Justification |
Role description only |
Business need + market demand analysis |
|
Visual Presentation |
Text-heavy documents |
Infographic-based, compliance-ready design |
Get Your Compliant MSR Today!
Avoid delays and rejections. Trust Australia’s most reliable MSR provider – Redeem Skills Recruitment Solutions.
Ready to get started? Contact us for your MSR report today!