Forget the mil: Top salaries in adland are shrinking
Leaving the building: Top salaries are facing big downward pressure (Midjourney)
Top executives in Australia’s advertising industry are facing a squeeze like never before as consolidation, shrinking remits and AI spell the demise of once-envied leadership salaries.
Recruiters in Australia’s creative industries warn that oversupply and top-end saturation have devalued executive pay, leaving million-dollar salaries for only a select few.
Lea Walker, a former talent lead for Bear Meets Eagle on Fire and now owner of recruitment consultancy Ms Walker, said the squeeze at the top level was like nothing she has seen in 10 years.
