Salary and quick career progression are no longer the main concerns for jobseekers, recruitment agency Hays says, with candidates now focusing on a range of employment factors.

Candidates have become a lot more selective overall, the recruiter says, and often take into account factors including team stability and development opportunities when deciding on a new role.

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The New Zealand employment market was steady and continued its double-digit growth over the past quarter, according to an analysis of more than 39,000 roles on Trade Me Jobs. The number of advertised vacancies was up 18 per cent on a year ago, echoing the 21 per cent increase seen in the fourth quarter of 2011.

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Thinking of leaving the UK for New Zealand? In a new, weekly series, NZ News UK will explore the cost of living for each country by comparing all those aspects of life that cost us our hard earned currency.

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Jobs advertised on a New Zealand recruitment website showed salary increases of 5% in 2011, according to new data.

Seek surveyed the full-time jobs advertised on their website to work out the average salaries offered.

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The New Zealand dollar may set a record high against the euro this week as further bad news ignites warnings the region’s leaders are far from finding a solution to the debt crisis and US data shows the market strengthening.

The kiwi dollar recently traded at 61.38 euro cents, up from 61.05 cents on Friday at 5pm. It is expected to break through its high of early August, 2011, of 61.70 euro cents, according to four out of the six analysts in a BusinessDesksurvey. The kiwi may trade in a range of 59.75 euro cents to 62 cents this week, they say

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23 December 2011 – Normal hours

24  December 2011 –2 January 2012 - All Offices Closed

3  January 2012 –  London Office reopens

4 January 2012 – Auckland & Wellington (Incl Australia) Offices reopen

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Focusing on IT, HR, Accounting, Finance & Banking.

IT

The IT market is still showing signs of growth, even as we head into the typical lull period over Christmas.

There is currently a higher demand for contract roles, this follows typical seasonality as permanent recuitment in November/December is pushed out until the New Year.

The outlook for the coming year is positive with portfolio forecasting and strategic reviews already underway in most organisations, signalling a strong start to 2012.

We are seeing increasing work coming from vendors which indicates a confidence in the market as their workload from clients is on the increase. There is a lot of demand in the banking and financial services arena for Business Analysts and Project Managers. Change Management is an area where we are seeing a lot of demand in with both technology change and business change or a combination thereof being highly sought.

HUMAN RESOURCES 

The HR Market in New Zealand is quiet in the permanent space however there has been some movement in the contracting space before we head into the Christmas months.

In October and November there has been demand from large private sector clients for HR professionals who have commercial experience – from the HR Adviser to the HR Business Partner level.

HR Advisers who have a good level of change experience are in demand in the banking sector. Public sector employers are waiting until well after the election to make decisions about HR hiring.

In short, the New Zealand HR market has shown signs of starting to wind down for Christmas, so at this stage HR professionals are being hired on short term 2-3 month contracts. From February 2012 onwards many of our clients have indicated that they will be hiring permanent and contract based HR professionals at the Mid-Tier level.

FINANCE, ACCOUNTING & BANKING (FAB)

Although somewhat cautious, NZ is generally seeing a demand increase across the board in all areas of finance recruitment, as business confidence gradually lifts. We typically see a rush in December as hiring managers look to go to Christmas with their vacancies filled. January is typically a bit quite before strong demand returns in Febuary.

NZ employers understand the summer season is the time of strongest supply of international professionals returning home. With this in mind we want to hear from you if you are considering a move back to NZ over the coming months − this will help us in assisting you with potential NZ based opportunities moving forward.

Other trends of note include the following:

• There is a tendency for fixed term contracts rather than hourly or daily rates.
• The proportion of contract roles available in the FAB in NZ is lower than the UK.
• There is buoyancy in the market at the $80k to $140k salary range. There is low job flow above the $140K salary mark.
• There has been no major upturn in salary levels since the global financial crisis.
• There is a focus on internal promotion – the upside to this for employees is the likelihood for further career progression once they have a job.
• Specialist UK experience is in high demand with some of our key corporate financial services clients and they will often create positions for skilled individuals.
• There is high demand for Treasury, Tax and Business Advisory Specialists in Wellington.
• Risk & Compliance consultants, internal and external Auditor and CA’s with commercial experience are in high demand in Auckland.

Feel free to forward newsletter to your friends & peers in UK, or pass your comments back at bellisha@globalcareerlink.com

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New Zealand employers are rated higher by their staff than their transtasman counterparts, according to research conducted by recruitment agency.

The findings are part of the Workforce Index, which obtained the views of 97,000 people in 30 countries, including more than 1800 in New Zealand.

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Job numbers dipped 0.1 per cent in September, after a jump in August.

But the number of jobs in September this year was up 1.2 per cent on the same month last year, a rise of about 22,000, according to Statistics NZ figures.

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