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Specialist skills in demand as Australia’s HR job market grows stronger
30 January 2015
Over the past few years, Australia’s overall employment market has been steadily evolving toward a cost-control mode of operation. The drive to reduce spending and protect the bottom line has resulted in changes to the way companies based in Australia run their operations, for example, moving business support roles offshore and implementing team restructures. In 2014, as global market confidence increases, many organisations are moving out of a cost-saving mode and taking a step back to look at how they can best use Human Resources to create stability in their teams. This is driving a greater requirement for specialist professionals.
At Michael Page Human Resources we have seen this first hand in 2014. There have been increasing opportunities for HR professionals, particularly in Victoria and New South Wales where the majority of company head offices are based. The 2014/15 Salary & Employment Forecast findings reiterate that hiring in HR has increased this year, with 39% of employers reporting that hiring activity is stronger this year as compared to 2013. We expect this to grow further into next year, with 38% of employers planning on increasing headcount in the next 12 months.
One key trend in Australia’s HR market is the increasing demand for specialists in the following areas in particular:
In 2014, as global market confidence increases, many organisations are moving out of a cost-saving mode and taking a step back to look at how they can best use Human Resources to create stability in their teams.
As I mentioned above, new team structures are driving the need for change management professionals to oversee key projects and implement new processes to drive the business forward.
As financial rewards are key to retaining top performers across the majority of industry sectors, many companies are looking for the specialist knowledge required to reward top employees while also protecting the bottom line.
Learning and development
More organisations are recognising the importance of career growth when it comes to retention and employee satisfaction, which is driving the need for HR professionals with learning and development experience. Strong learning and development programs can increase productivity, contribute to employee satisfaction and contribute to higher retention rates.
However, that is not to say that generalist HR professionals are not in demand – they are always required to keep business as usual operations running smoothly.
If you are an HR professional, you can contact my team at any time for a salary appraisal or confidential chat about your career path, or download the full 2015/16 Salary & Employment Forecast for full details on hiring expectations, salary rates and industry-specific trends.
Australia's HR market is seeing an increased demand for specialists working in:
- Change management
- Llearning and development