More than eight in ten (82%) accounting & finance hiring managers in Australia say they expect to consolidate or increase staffing levels up to the end of 2015, according to the latest ‘Hiring Intentions’ survey from specialist professional recruiter, Robert Walters.
41% will be looking to take on increased headcount, while 41% say employee numbers will remain stable this year. Only 18% are looking to decrease headcount.
“Well functioning accounting teams are essential in assisting the business manage cash flow and ensuring an efficient allocation of resources, both key to securing growth in a revitalised market. However, shortages of qualified staff in some areas are likely to increase competition among hiring managers as they attempt to boost headcount.” Michelle Christie, Director, Adelaide.
Positive hiring trends
The survey also reveals that more than a third (39%) of accounting & finance hiring managers plan to give staff a pay rise this year, with just 5% looking to cut salaries.
Permanent recruitment is also expected to climb - 60% will be focusing on permanent hires this year, up from 50% a year ago.
“While it’s understandable that some employers may favour contract hiring when the economy cools, any potential shift towards permanent hiring suggests that many are thinking about the long-term health of their organisation.
By establishing and retaining strong talent pipelines today, many businesses will ensure they have the finance skills to manage the business well into the future.” Craig Youngson, Manager, Perth. Well functioning accounting teams are essential in assisting the business manage cash flow and ensuring an efficient allocation of resources, both key to securing growth in a revitalised market.
Other key findings from the Hiring Intentions Survey Include:
- 41% of accounting & finance hiring managers expect headcount to remain stable
- 86% are looking to hire at the mid-level
- 62% say wage pressures will not affect ability to hire
To read our national version, download the full survey results.
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The Robert Walters 2015 Hiring Intentions Survey asked over 650 hiring managers across Australia for their hiring forecasts over the next six months, including their plans to take on new staff, at which level, and the prospect of salary increases.