HELPING EMPLOYERS WIN IN THE WAR FOR TALENT

The Australian jobless rate has risen below estimates in September, reaching  6.9% slightly up from 6.8% in August.  The market predicted we would reach 7.1% amid the Covid crisis.  Following the mammoth slump in April, we are seeing a consistent demand for trade, technical and business development/sales people which has increased by 27.5%, returning to pre Covid levels.

Wages growth is the lowest in 22 years but signs of more positive growth levels and demand for talent in key job sectors will trigger stronger growth in wages as the war for talent heats up.  The Job market is expected to improve rather than get worse.  Currently, most sectors are seeing an increase of around 1.5% in wages growth. Education and Utilities are seeing the strongest wages growth, edging toward 2.4%.

We’re helping organisations become more innovative and adopt a ‘new way to thinking’ in the search for talent. Developing new engagement strategies, talent pipelines and searching for people in new market segments has delivered strong results for employers who have struggle to fill jobs.  It’s also worth spending time to qualify the key criteria for a job role, responsibilities and what’s expected from a new employee.

All too often, we see employers target people who have the same job title or in the same industry sector, without considering people who come from other ‘like minded’ industries and slightly different job roles.  Over recent months, we have helped many employers find more applicants and qualified talent in half the time for ‘hard to fill’ roles, helping them focus on business critical needs, growth targets and keeping clients happy.