Recruitment to increase in line with employer confidence

by 08 Apr 2010

HR professionals will be busy recruiting staff this year as Australia’s labour market continues to improve and employer confidence grows.

The Hudson Report: Employment Expectations showed that confidence among employers has built on last quarter’s promising start to the year with a further 2.4 percentage point increase in sentiment.

It also revealed a net 31.5 per cent of employers are now reporting plans to increase their permanent staff levels during the April – June 2010 period.

The proportion of employers looking to raise their permanent staff levels increased to 36.7 per cent this quarter compared to 35.5 per cent last quarter, up from 18.6 per cent 12 months ago,

Meanwhile the proportion looking to reduce headcount decreased to 5.2 per cent from 6.3 per cent last quarter, down from a peak of 17.8 per cent 12 months ago.

Mark Steyn, chief executive of Hudson Australia and New Zealand, said: “This is the strongest level of employment sentiment we have seen since the first quarter of 2008 and it is clear that Australia’s economic prospects are now looking very positive. Business investment is improving, business and consumer confidence is buoyant, housing prices are increasing and commodities prices are on the rise.”

COMMENTS

Most Read