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market-trends-report

Market trends report

attracting top talent in THE MOST DIFFICULT HIRING market

Australia’s job market has experienced unprecedented changes over the last 18 months. We are operating in a workforce shortage and candidate-driven market. From a job seeker or employee's point of view, it means now is a great time to be looking for work as there are more jobs for talented people and salaries are rising. From an employer's point of view, it means it's a tough time for hiring and retaining happy employees.

Employees are re-assessing their long-term goals (better salary, bigger benefits packages, more opportunity for advancement, or all three) and are looking for employers that are not undervaluing their skill sets and are willing to pay market-value. To remain competitive, organisations need to shift their focus to employee retention strategies and ramp up their Employee Value Proposition (EVPs).

The Six Degrees Executive Market Trends report for November 2021 provides an insight into the current job market in Australia and trends influencing recruitment.

For advice and strategies to help attract and retain great talent in even the most challenging hiring market conditions, download the full report.

INSIGHT ON THE CURRENT JOB MARKET

  • Job market snapshot

  • Advice for recruiting in a highly competitive market:

    • The Great Resignation

    • Flexible, hybrid-working model

    • Employee Value Proposition (EVP)

    • Salary and compensation

    • Onboarding and employee experience

    • And much more!

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THE GREAT RESIGNATION.

Employers need to be prepared for a re-alignment in the job market and ways of working. Data suggests that the dynamics of the Australian market will see any such market changes play out in a different way to trends in the US and UK.

EMBRACing FLEXIBILITY.

Flexibility is no longer a perk. Employers should ensure they are set up for remote work and evaluate all candidates in a potential to thrive in a remote setting. For advice and strategies to help attract and retain great talent, download our latest report and contact our team of recruitment experts.

IS YOUR EMPLOYEE VALUE PROPOSITION STILL RELEVANT?

Job seekers have more choice in the current job market, so employers need to have an attractive offering to attract and retain people. Read our latest market report with tips to evolve your EVP.

higher salarY, but what else?

Salary will remain the most important factor for job seekers, especially in a market experiencing skills shortages. For organisations without the budget to compete in a salary war, it's important to think creatively about compensation. Download our latest report for advice on how to respond.

RETAINing YOUR EMPLOYEES.

In a candidate-driven market, onboarding and employee experience should be managed carefully as more candidates are leaving roles within the first six to seven months. For tips on how to avoid attrition during this period, read our latest report.​