Australia hiring trends in 2019
This year, pressure is mounting for long-awaited wage growth in the Australian economy. Company profits are approaching record levels, living costs have risen − particularly property and energy prices − and demand for talent in the jobs market continues, with skill shortages in several specialist areas.
Key drivers of jobs growth include;
- Risk and Compliance
- Digital Transformation
Where skill shortages exist, salary rises are likely to be evident throughout 2019. However, many hiring managers will seek to compete in the jobs market with other inducements including learning and development, clear paths of career progression and flexible working arrangements.
Employers with fast, streamlined recruitment processes will succeed where others, who are less efficient and more bureaucratic, may fail. There are fears among employers that the government’s stance on immigration could stifle growth, preventing the hiring of sufficient talent from overseas.
For further insights request your copy of the Salary Survey today.