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News, analysis, online events and on-demand webcasts covering human resources.en-auCopyright HR Dailyhourly11970-01-01T00:00+00:00HR Daily
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News, analysis, online events and on-demand webcasts covering human resources.HR jobs market remains "resilient"; HR salaries rising 3.5%
https://www.hrdaily.com.au/news/11832
The number of HR jobs advertised in Australia over the past three months has decreased by 3.5%, but the market nonetheless remains "robust", The Next Step's latest HR job market research shows. <!--MORE-->
"Despite a nationwide cooling trend, Australia's HR jobs market continues to demonstrate resilience when compared to some other professions," The Next Step founder Craig Mason says.
The snapshot also highlights significant regional variations, with NSW and Victoria experiencing quarterly declines of 7.3% and 7.7% respectively, while the ACT, Northern Territory and South Australia have seen an "unusual increase" in their share of the national HR job market...HR Daily2024-03-20T12:09:00+10:00Job-switching rates low despite chance of higher pay
https://www.hrdaily.com.au/news/11761
New research shows workers who switch jobs voluntarily can expect an average pay increase of 9%, but despite a "record-setting labour market", Australia's rate of job-switching has only recently surpassed its pre-pandemic level. <!--MORE-->
The e61 Institute research paper shows the rate at which workers move between jobs has declined in recent decades, and despite a strong labour market, job switching rates have only recently risen to 9.5%, having sat at 8.5% in 2019.
It says younger workers and the lowest-earning workers are more likely to switch jobs than older or higher-earning workers. The largest beneficiaries are median-earning workers aged 21–34, who gain an average pay increase of $7,500 per year by switching; and wage gains are higher for workers in capital cities than they are for those in rural and regional areas. A worker earning the median wage in a capital city gained an average of $6,300 from a job switch, compared to regional workers who gained an average of $4,300...HR Daily2024-02-20T15:38:00+10:00HR skills shortage continues, with talent reluctant to move
https://www.hrdaily.com.au/news/11667
Job stability concerns are making HR professionals reluctant to change jobs, which in turn is contributing to ongoing skills shortages, new research shows. <!--MORE-->
HR job opportunities have fallen from their peak in February, but the market remains relatively strong, declining by only 7.4%, compared to a 19.6% decline in all job ads, according to The Next Step's latest HR job market report.
The highest number of HR job opportunities is in generalist or consultant roles, but workplace health, safety and environment has maintained "incredibly strong demand", and learning and development jobs remain at historically high levels, says The Next Step CEO Aaron Neilson...HR Daily2023-12-06T14:08:00+10:00Government 'full employment' stance at odds with IR Bill: employers
https://www.hrdaily.com.au/news/11514
The Federal Government's new 'full employment' stance does not sit well with its "deeply problematic workplace relations agenda", employer representatives say. <!--MORE-->
The 264-page employment whitepaper released today provides a "roadmap to position the Australian labour market for the future", and it sets out five "ambitious" objectives:
1. Delivering sustained and inclusive full employment. This means "an economy where everyone who wants a job is able to find one without having to search for too long", the report says.
"Sustained full employment is about minimising volatility in economic cycles and keeping employment as close as possible to the current maximum level consistent with low and stable inflation. Inclusive full employment is about broadening opportunities, lowering barriers to work including discrimination, and reducing structural underutilisation over time to increase the level of employment in our economy."...HR Daily2023-09-25T14:50:00+10:00HR talent seeking better salaries, rewards and recognition
https://www.hrdaily.com.au/news/11497
HR salaries have risen by only 2% on average this year, but pay is now at the forefront of professionals' decisions about changing roles, new research shows. <!--MORE-->
Some 50% of HR and recruitment talent say a better salary would be their main driver to join a new organisation, according to Talentpath Recruitment's 2023/24 Talent Guide.
And for 33%, salary was one of the top three reasons given for leaving their last role...HR Daily2023-09-15T14:06:00+10:00The HR professionals in peak demand; Addressing the 'gender flex gap'
https://www.hrdaily.com.au/news/11447
* Demand for workplace relations specialists at an "all-time high"
* Flexible work stigma contributing to pay gapHR Daily2023-08-23T15:25:00+10:00Job security critical in EVPs, as top employer brands named
https://www.hrdaily.com.au/news/11306
Research into Australia's top employer brands highlights that financial health, job security, and career progression are essential EVP elements, while the margin between sectors is narrowing. <!--MORE-->
The annual Randstad Employer Brand Research surveyed more than 5,900 Australians, showing 16% of employees have switched jobs in the first six months of 2023, while more than 24% plan to switch during the rest of the year.
These numbers are down from last year, indicating a new era of the "big stay" – where employees are hunkering down and prioritising career progression and upskilling...HR Daily2023-06-19T14:56:00+10:00HR job market strong, growth in one state "stellar"
https://www.hrdaily.com.au/news/11280
The HR job market remains strong after achieving a record level of advertised opportunities in February, a specialist recruiter says. <!--MORE-->
Demand for HR has experienced "stellar growth" in Queensland, in particular, with job ads rising 72% in two years.
The Next Step HR Job Opportunities Index notes that against a backdrop of rising cost of living and consumer sentiment softening, a downturn would be expected, "but it's not playing out that way in HR – so far"...HR Daily2023-06-06T13:53:00+10:00Minimum wage rise of 5.75% is "the most that can reasonably be justified": FWC
https://www.hrdaily.com.au/news/11274
The national minimum wage will increase by 5.75% on 1 July, the Fair Work Commission has ruled.<!--MORE-->
That is a rise of $70.20 per week, to $882.80.
President Adam Hatcher said this morning that the combination of low unemployment, falling real wages and high inflation was "very unusual" and presented a "particular challenge" in this year's wage review...HR Daily2023-06-02T11:34:00+10:00HR jobs market coming down from record-high demand
https://www.hrdaily.com.au/news/11171
The HR jobs market has now softened after a long period of "constant upswing", but demand for certain roles and skills remains incredibly high, according to a specialist recruiter.<!--MORE-->
"There really is a change in the marketplace after coming off a huge increase in all HR disciplines over the past 18 months," The Next Step MD Jo Skipper tells HR Daily.
But this isn't a downturn; rather a "semi-recalibration after a post-pandemic high", and she says, "one thing that I have really learned over the last couple of years, is now the jobs market does that recalibration a lot faster"...HR Daily2023-04-06T14:04:00+10:00"Menus" would make award compliance simpler, more efficient
https://www.hrdaily.com.au/news/11133
The Productivity Commission has proposed changing how the Fair Work Commission approaches modern awards, and suggests employers should be able to choose from "menus" regarding how they comply.<!--MORE-->
The Commission's latest five-yearly review report, released on Friday afternoon, comprises nine volumes running to 1,019 pages.
The 203-page Volume 7 of the report specifically addresses "a more productive labour market" and many of its recommendations target modern awards...HR Daily2023-03-20T14:29:00+10:00Employee survey suggests the Great Resignation has ended
https://www.hrdaily.com.au/news/11046
Seven in 10 employees intend to stay put in their jobs this year, signalling an end to the Great Resignation and a possible start to the 'Great Realisation', new research shows. <!--MORE-->
According to Elmo Software's latest Employee Sentiment Index, released today, the proportion of employees perceiving Australia's economy as "not secure" peaked in December 2022, up 14 percentage points from a year earlier.
One-third of the employees (34%) cite fear of recession as a reason to stay in their current roles, with a further 16% hoping to look for new roles within their current companies. Some 20% of employees say they plan to stay put in their current jobs regardless of economic conditions...HR Daily2023-02-06T14:36:00+10:00Employers "deeply disappointed" in IR Bill; "Record high" demand for HR professionals
https://www.hrdaily.com.au/news/10966
* "Hurriedly prepared", "dud" IR Bill will burden employers: AiG
* Has demand for HR roles passed its peak?HR Daily2022-12-02T15:54:00+10:00HR talent on the move for better workplace culture
https://www.hrdaily.com.au/news/10899
Among HR professionals considering a move, culture is the common factor that will pull or push them to a new role, according to a specialist recruiter.<!--MORE-->
Some 39% of HR and recruitment talent ranked culture as their top attraction to a new organisation, according to Talentpath Recruitment's 2022/23 Talent Guide.
And 66% ranked culture in their top three attractors.
This comes as no surprise, because "if you're leaving families, and you're leaving pets every day" to head to work, culture makes that worthwhile, says Talentpath director Jody Fazldeen...HR Daily2022-11-01T14:39:00+10:00"Control what you can" to fill talent gaps
https://www.hrdaily.com.au/news/10853
Employers can pull three levers to address their talent shortages, but in today's tight labour market, many are using the wrong one, a strategist says. <!--MORE-->
"There's the obvious one, which is really growing your workforce, and is the traditional lever that most businesses would look to when faced with increasing demand," says Nous Group principal Hamish Ride.
"The second one is around moderating demand. When you're in a really tight labour market, there's always the question of are there alternative ways to sourcing labour directly for your workforce.
"The final one is what we call skills mismatch. That's really about when the skills are out there but for some reason you as a business haven't been able to source your share of the skilled workers you need for your business..."HR Daily2022-10-10T13:17:00+10:00Overpaid and underskilled: new hires sparking internal friction
https://www.hrdaily.com.au/news/10840
Recent hires are feeling unprepared to fulfill their roles, and it's leading to tension with the existing workforce as their colleagues think they're overpaid, according to new research. <!--MORE-->
Managers believe the market is "over inflated", with 46% saying they've had to overpay to bring a new person on board, and 40% suggesting the newcomers don't have enough skills or experience for their roles, according to the RMIT Online report, The Salary Trap.
Interestingly, however, a third of managers who changed roles in the past 12 months also *agree* that they don't feel qualified and might not be able to maintain their current position.
Some 37% are actively looking for another position just months into their new job; even among those who are satisfied, one in five are still actively searching...HR Daily2022-10-05T06:00:00+10:00HR demand still near peak levels as professionals 'recalibrate'
https://www.hrdaily.com.au/news/10825
HR job opportunities remain at "near-record levels" following strong growth over the past quarter, according to specialist recruiters' research.<!--MORE-->
Demand for permanent HR staff continues to perform well, up 5.1% over the past three months and 14.1% stronger than the corresponding period in 2021, according to the latest HR Job Opportunity Index from The Next Step.
The volume of opportunities is at an "historic high", though down from the record reached in November last year, the report shows.
There's been "significant growth" in health, safety and environment roles, "which is as you would expect coming off of a pandemic, and with significant focus now on wellbeing and the new legislation related to health and mental health within the workplace", says The Next Step managing director Jo Skipper...HR Daily2022-09-23T13:50:00+10:00Six key talent strategies for a hot market
https://www.hrdaily.com.au/news/10739
Despite much commentary about the employment market being "hot", many leaders don't have a consistent understanding of what that means for their business.<!--MORE-->
This became apparent at the recent Genesys G-Summit event, according to Lyn Trewenack, who hosted a workshop on the topic.
The term "hot market" is often "bandied around" but not all leaders fully appreciate yet how it is impacting their ability to attract and retain talent, she tells HR Daily...HR Daily2022-08-16T15:07:00+10:00More employees intend to stay... and more intend to leave
https://www.hrdaily.com.au/news/10727
An unprecedented misalignment between economic and labour trends is causing a "fragmented market" where more employees are intending to leave, at the same time as more intend to stay, Gartner research shows.<!--MORE-->
Between March and June, employees' confidence in job availability has risen two percentage points to 56%, despite the possibility of a recession, Gartner's latest Global Talent Monitor research has found.
"You've kind of got this talk of recession in the background – so people are experiencing that in terms of inflationary pressure and interest rate rises – so what that's kind of doing is it's making *some* employees more cautious," says Gartner vice president Aaron McEwan.
"So, we're seeing increases in things like intent to stay, but at the same time, outside of the tech sector, we're not actually seeing those pressures flow through to actual tightening of budgets, and so the vast majority of organisations are still dealing with this really hypercompetitive talent market..."HR Daily2022-08-10T13:29:00+10:00NDAs on the way out; What the Jobs Summit aims to achieve
https://www.hrdaily.com.au/news/10666
* Major harassment reforms underway in Victoria
* Jobs Summit an opportunity to address "systemic problems"HR Daily2022-07-12T12:57:00+10:00Flexibility far from impossible for frontline workers
https://www.hrdaily.com.au/news/10639
Given that remote work is not viable for many frontline roles, flexibility has to take on a different shape for these employees, a new report highlights.<!--MORE-->
According to the Champions of Change Coalition's report, many frontline workers feel the distinct lack of flexibility available to them is "an issue of fairness and equality".
Further, the report identifies flexibility as a critical driver of business continuity, but warns that said flexibility is usually associated with remote work opportunities...HR Daily2022-06-29T13:37:00+10:00Lack of wage growth a "perfect storm" for employers
https://www.hrdaily.com.au/news/10638
A "technical perfect storm" has decoupled wage growth from hiring demand, and if left unaddressed it will potentially have dire consequences for employers, an academic says.<!--MORE-->
Australia's downward trend of wage growth isn't abating and hasn't changed this year, says Edith Cowan University School of Business Law associate professor of management, Ben Farr-Wharton.
He says many factors are driving the trend, and the first is that "the public sector has been really reluctant to go much beyond inflation, in terms of the pay rises they are giving post-COVID".
Even with current industrial action making it likely that the public sector will increase pay to what might be considered a "fair" level, this is unlikely to be a "huge boost"...HR Daily2022-06-28T13:33:00+10:00Minimum wage to rise by $40 per week
https://www.hrdaily.com.au/news/10606
The Fair Work Commission has raised the minimum wage by 5.2%, or $40 per week, effective 1 July.<!--MORE-->
President Iain Ross said this morning that there were "key differences" in economic indicators between last year and this year, the most significant of which are the rising cost of living and the strengthening of the labour market.
"The sharp rise in inflation impacts business and workers. The cost of business inputs increases which, depending on the capacity to pass on those costs, adversely impacts profitability. Inflation erodes the real value of workers' wages and reduces their living standards. The low paid are particularly vulnerable in the context of rising inflation," he said...HR Daily2022-06-15T10:54:00+10:00"Stellar rise" in HR demand; Labor targets pay gap; and more
https://www.hrdaily.com.au/news/10582
* Attraction, retention pressures driving strong HR demand
* Gender pay gap a "top priority": New IR Minister
* HR leaders and industry specialists on the moveHR Daily2022-06-01T14:30:00+10:00Job mobility falls short of predictions; Top employers for LGBTQ inclusion
https://www.hrdaily.com.au/news/10575
* More employees moving, but is it a Great Resignation?
* Leading LGBTQ-inclusive employers recognisedHR Daily2022-05-30T14:18:00+10:00HR salaries rising across "full spectrum" of roles
https://www.hrdaily.com.au/news/10551
HR practitioners are in high demand across the country, but in certain roles salaries are spiking to lure top talent, according to specialist recruiters. <!--MORE-->
The candidate-short market has put pressure on salaries across the full spectrum of HR roles in the past 12 months, new research from HR Partners by Randstad shows.
The data below only covers base salary, and many employers are taking a "creative" approach to boost their HR teams, which isn't necessarily reflected in pay rates, according to HR Partners founder and managing director David Owens...HR Daily2022-05-18T15:59:00+10:00Experimental solutions the only way forward in tight talent market
https://www.hrdaily.com.au/news/10464
Employers cannot "tinker" their way out of today's challenging talent market; they must step out of their comfort zones with bold and experimental solutions, an HR advisor says. <!--MORE-->
There are three reasons the current talent landscape is different from previous hyper-competitive markets, Gartner HR practice vice president Aaron McEwan tells a new HR Daily Premium webcast.
The first is the scope, he says. When employers competed for talent in the past, it was isolated to particular talent segments – for example, digital talent or engineers – but today, it's as difficult to attract and retain construction workers and delivery drivers as it is to find artificial intelligence engineers or software developers...HR Daily2022-04-04T12:01:00+10:00Budget lacks the reforms workplaces need most: business leaders
https://www.hrdaily.com.au/news/10455
The Federal Budget promises "more jobs and a stronger economy" but lacks any real plan to address critical workforce issues, business leaders say.<!--MORE-->
"Tonight's Budget will continue to build capacity in the economy; however, business has been left with a long road to recovery without significant reform to address chronic workforce shortages and languishing productivity," according to ACCI chief executive Andrew McKellar.
HR Daily sets out some key announcements from Treasurer Josh Frydenberg's speech and the Budget papers below, along with some early responses...HR Daily2022-03-29T20:50:00+10:00Webcast: Attract, retain and thrive in the new world of work
https://www.hrdaily.com.au/news/10448
Today's hyper-competitive labour market differs from those of the past, rendering familiar tools inadequate in attracting and retaining talent. Watch this webcast to understand which strategies will have the most impact.<!--MORE-->
Topics covered include:
* Key workflow risks – and new ways to address them;
* Rising remuneration – and how to combat it;
* EVPs – why targeted adjustments don't move the needle; and
* New expectations – targeting employees' lives, not just careers.HR Daily2022-03-25T12:05:00+10:00Panel discussion: Reframing the 'Great Resignation'
https://www.hrdaily.com.au/news/10397
Today's almost-constant chatter about the 'Great Resignation' is potentially masking bigger issues for employers. In this panel discussion, three industry leaders share their perspectives on key HR challenges in the current market, and their solutions.<!--MORE-->
Topics covered include:
* What the latest employment data suggests about resignations;
* Why employees' 'intentions to leave' are rising;
* How employees' relationship with work is changing;
* How employers are responding to new expectations;
* The role of HR versus leaders in retention; and more...HR Daily2022-03-04T14:22:00+10:00