Record Employer Confidence in Telecoms Sector

Employer confidence within Australia's telecoms sector is at record high levels, according to the latest Hudson Report Employment Expectations survey. The survey of 7,426 employers nationally by Hudson showed that just over half of telecoms employers expect to increase permanent employment levels in the April - June 2007 quarter, while 5.4% expect to reduce staffing levels, translating to a net effect of +45.8%.

The result represents an increase of 23.8 percentage points (pp) compared to the employment expectation figures recorded for the sector in the corresponding period last year.

Martin Retschko, Director IT&T Sector at Hudson, said the record high employer confidence levels are a good indication of the current strength in the telecommunications sector. "The employer confidence is being driven by continued high adoption rates of technology at the consumer, corporate and government levels, as well as a number of major projects driving demand for both contract and permanent resources," said Mr Retschko.

The results also showed temporary recruitment levels in the telecommunications industry increased rapidly during the January - March 2007 quarter with a net +33.3% of employers bringing on board more contractors.

"The increase in demand for temporary and contract employees shows employers are under pressure to get immediate results and fill positions not easily sourced through the permanent recruitment market," said Retschko.

"With the current talent shortage we are seeing many employers filling short-term employment gaps with a temporary or contract employees while they spend time sourcing and attracting the most suitable person for the role."

Overall, the Hudson Report Employment Expectations survey revealed employer confidence in Australia across all sectors has reached its highest level in five years with a net +34.3% of all employers indicating they expect to increase their permanent workforce over the next three months.

All Australian states and territories except Western Australia returned increased positive net effects compared to the employment expectations recorded for last quarter. The Australian Capital Territory recorded the largest increase in employer sentiment, rising 3.7pp - the highest net effect recorded in the ACT in five years (+48.5%)."

Posted to the site on 4th April 2007

Posted to: www.cellular-news.com/story/22979.php