Surge in demand for contracting staff during end of financial year period

End of financial year workloads are increasing the demand for contractors, according to the latest Michael Page Employment Index.

Of the companies intending to increase staff in July, 22% are hiring contracting staff. This is a marked increase in demand from the previous month and reflects the typical rise in short term employment opportunities around the end of financial year.

General hiring activity continues to rise, with 36% of companies expecting to increase staff levels in July and 57% set to maintain existing levels. Of the companies recruiting new staff, 71% are hiring on a full-time basis. The majority of companies continue to recruit for mid-level front line positions in areas such as sales, with the requirement for back office functions remaining stable.

Strategic level roles are starting to return to the market in line with improved business confidence and restored operational capabilities. Some 29% of companies intend to recruit at the senior level compared to 12% in June.

Most of the employers surveyed believe the proposed super profits tax on mining companies is a bad thing for Australia, with 43% of respondents predicting the tax will send jobs offshore. However, opinion is mixed and 38% of respondents are unsure if the consequences will be positive or negative.

 

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