Michael Page Employment Index

7/31/2019 Michael Page Employment Index

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Michael Page Employment Index

Quarter 1, 2012

New ZealandWorldwide leaders in specialist recruitment

Michael Page Interational


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Key findings

The domestic economy is likely to receive a positive impact from the

growth of the broader Asia Pacific region, as well as the strength of the NZdollar, with some 43% of survey respondents indicating this will have a

positive affect on the local trading environment. This is expected to keep a

consistent level of business activity across most industries, with more than

half of the respondents anticipating that market conditions will remain

steady. However, the strength of the New Zealand dollar is also having anegative impact on businesses that primarily export their goods and

services to international markets


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With the majority of companies surveyed for this report (76%) predicting

they will maintain their current headcount, a further 15% of employers plan

to increase staff numbers in the first quarter. Of those growing headcount,

some 57% of companies are expecting to make considerable increases of

between 5-10%. More than half of employers will focus their hiring activityon revenue-generating roles, as they work toward improving business

activity levels and profit margins. This is followed by positions in support

areas such as human resources, marketing and finance. Recruitment activity

will be highest for both mid and graduate levels across these functions, as

these professionals will be an integral part to supporting business goals inthe new year.


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b

As job opportunities become available for the most skilled

professionals, it will be important for companies to implement

strategies to effectively retain their best people. The majority of survey

respondents will be placing a major or moderate focus on staff

retention, while 37% cited this as a key concern within their business.

Some 43% of companies will offer opportunities for training and career

development, followed by another 24% that will award increases on

base pay. Further to this, employers will be working toward engaging

their best talent through other financial and non-financial incentives

including transparent communication, a supportive company

culture and bonuses.


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b

Methodology

The Michael Page Employment Index provides a snapshot of hiring and

business confidence trends for the white-collar employment market in

New Zealand. The online survey is distributed quarterly to a group ofmore than 1,600 senior human resources professionals and hiring

managers. The report is predictive and focuses on anticipated trends for

the quarter ahead, rather than an analysis of historical employment data

such as job advertisement numbers. Respondents work across a range of

professional sectors and are surveyed on a standard set of employment

indicators, as well as a selection of topical questions to reflect current

market developments.


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b


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b


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b


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b


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b


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Domestic conditions are expected to remain stable in the

first quarter of 2012. The strong New Zealand dollar is

predicted to have a positive affect on domestic business

activity, while it is likely to have a negative impact oncompanies involved in the export markets. Attracting and

retaining staff remains high on the radar for New Zealand

employers with 37% of respondents citing this as their

key business concern over coming months.


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Office Address

Auckland

Level 17

191 Queen Street

Auckland, New Zealand

Tel + 64 9 354 8100

Fax + 64 9 354 8101

[email protected]


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http://www.michaelpage.co.nz

About Michael Page International

Michael Page International is a leading professional recruitment consultancyspecialising in the recruitment of permanent, contract and temporary positionson behalf of the worlds top employers. The Group operates through 156 officesin 32 countries and has over 5,300 employees worldwide. First established

in London in 1976, weve been bringing job seekers and employers together formore than 30 years. Our presence in the Asia Pacific region extends across

China, Singapore, Hong Kong, Japan, India, Malaysia, Australia and New Zealand.

Michael Page Employment Index

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