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Hiring intentions in the accounting and professional services sector jumped last quarter, according to a survey by Hudson.
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Accounting jobs market set to jump
25 June 2015
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The Q3 2015 Hudson Report: Employment Trends, based on a survey of more than 3,500 employers nationally, found net hiring intentions in professional services climbed to 32.6 per cent in the quarter, up from 31.5 per cent.
Dean Davidson, executive general manager of Hudson Australia, said the results reflect the transformation of the jobs market, particularly within financial and professional services. Professions more exposed to mining, resources and trade continue to face challenges.
“The Hudson Report continues to point to changing dynamics in the hiring intentions of employers, with positive conditions in financial professional services counterbalancing weaker conditions across sectors such as resources and mining,” Mr Davidson said.
“The ongoing transition in our labour markets is intensifying and organisations are evolving and recalibrating in order to remain competitive. Part of this transition includes investing in new skill sets, to ensure businesses are equipped for future growth.”
The Hudson Report found that one in four employers intends to increase hiring in the quarter ahead and only one in 10 plan to reduce permanent staff numbers. Despite the slight softening, the net effect of 15.1 per cent for Q3 2015 is almost 6 per cent higher than the corresponding time last year.
The report also found the strong growth in the contractor market that began late last year will continue into the next quarter, with a net 11.7 per cent of employers looking to hire contractors in Q3.
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According to Mr Davidson, this is a result of both supply and demand factors.
“On one hand, many organisations are undergoing restructures and transformations, so they need specific skills for project-based work. On the other hand, highly skilled workers are aware they are in demand and are looking for challenging roles that also provide flexibility.
“This is contributing to a healthy market for contractors, while permanent hiring is also robust.”
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