BRISBANE'S RECRUITMENT OUTLOOK

BRISBANE'S RECRUITMENT OUTLOOK

BRISBANE’S employment market is one of the strongest in the country, with growth in retail and public service sectors according to Michael Page.

The global recruitment consultancy has reported a shortage of roles at a senior level in the city, as a result of downsizing and employees becoming more selective.

Michael Page Queensland director Joss Godbold specialises in executive-level recruitment in the finance sector and shares his insight with Brisbane Business News.

Which industries have reported a high amount of employment availability?

We have seen a strengthening in the retail sector employment market in Brisbane this year. There has also been a reasonably steady need for professionals in financial services industries, especially across retail banking and superannuation. Recruitment by oil and gas employers has remained steady but this trend is likely to dissipate as the year progresses. However, it is rare to see industries with a ‘high’ amount of vacancies currently as the market remains competitive and in rich supply of candidates.

Have you noticed any particular trends in the Brisbane market?

The most obvious trend is the lack of roles at the senior level. This has largely been due to downsizing and the reduction of senior roles in the small-cap and exploration mining sector. When activity in this sector is going well, it seems to occupy far more of the senior roles in the overall market than its size would suggest. There is also a trend for employees to be more selective about the next role they consider and move to, making it harder to attract quality staff.

What do jobseekers look for in a position?

There is a range of factors that professionals usually seek in a role, but the desire for stability has definitely been a consistent factor. However, the desire to move into a business with a high degree of potential growth has certainly been tempered by risk-averse candidates with a desire to join diverse businesses. There has been a move away from candidates being keen to join the mining industry.

What kind of skills should jobseekers consider adopting to boost employability?

This is tough because employers aren’t looking for skills that have been gained in a short-term period. Employers are aware of the strength of candidates in the market and are looking for individuals with good tenure in roles, experience in strong companies, good reasons for changing positions and strong interpersonal skills. However, for any jobseeker, it is very important to research the company they are applying to, tailor their CV for each application, have clear reasons about why the job is attractive to them and, above all, be patient. The right role may take a while to secure in this market.

How is the outlook for employment shaping up?

Subscribe Now!
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Fable leans in to mushrooms over ‘plant-based’, strikes deals from Wagamama UK to Zeus Street Greek

Fable leans in to mushrooms over ‘plant-based’, strikes deals from Wagamama UK to Zeus Street Greek

If there is a lesson to be learned from Fable Food Co for the ventu...

IAG slapped with class action amid claims algorithms targeted loyal customers

IAG slapped with class action amid claims algorithms targeted loyal customers

Insurance Australia Group (ASX: IAG) has been slapped with a class ...

Catalano’s ACM still keen on striking a Southern Cross deal as newspaper titles put on the table

Catalano’s ACM still keen on striking a Southern Cross deal as newspaper titles put on the table

Regional newspaper group Australian Community Media is still keen f...

Perth's 'OnlyFans for artists' MyPremo empowers musicians, attracts investment from Ice Cube

Perth's 'OnlyFans for artists' MyPremo empowers musicians, attracts investment from Ice Cube

“Maintain your ownership, maintain your creative freedom. You...