Recruitment to increase in line with employer confidence

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

Recruitment to increase in line with employer confidence

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.”

Free newsletter

Our daily newsletter is FREE and keeps you up-to-date with the world of HR. Please complete the form below and click on subscribe for daily newsletters from HRD Australia.

Recent articles & video

Australian HR Awards: Who deserves to be recognized?

How has COVID-19 impacted managers and employees?

CEO of HP Canada: 'I was never one to shy away from a challenge'

'It's never been more important to listen to employees'

Most Read Articles

Fun Friday: 5 TED Talks on work/life balance

How to keep mental health on track during remote working

Awkward 'mistake' on video call goes viral