Hudson is planning to release The Hiring Report, an in-depth look at the state of hiring in New Zealand in 2015 and I think it would work well as a feature.
The crux of the report is that salary in no longer the primary motivator for NZ professionals and job seekers, with work life balance topping the list of employee demands for the first time.
Before you say ‘Yeah right!’. There are a few compelling reasons why work life balance has become more important.
Followed closely by higher salary and cultural fit, the results represent the stagnation of salary levels in recent years. While it remains to be seen if there will be a permanent cultural shift, it clearly shows that employees want more than just a pay cheque and underlines that the importance of understanding what motivates people, has never been more critical to ensuring organisational success.
Most of us want to work hard, make our mark and achieve in our jobs – but more and more we want to do so with balance in our life and in an environment where we feel valued. As the digital age sees work encroaching more on our personal life with extra hours at night and on weekends answering emails, we start to wonder, ‘What’s it all for?’ A common purpose, shared beliefs and united vision can make the difference between a disengaged employee who works to live, and a passionate one who loves to work.
The report also looks into how the rise of digital is making sourcing and attracting top talent increasingly complex, and provides advice to hiring managers on how they can use a mix of strategy, people knowledge and networks to ultimately win the talent war.
Other key highlights of the report include:
- 90% of hiring managers acknowledge they need to look beyond active job seekers to find the right candidate
- Almost 1 in 2 hiring managers look to social media when evaluating a candidate. This should not bother most: 80% of professionals are comfortable with their online footprint
- Employer brand has also emerged as a critical factor in attracting not only clients and customers, but quality talent with 96% of job seekers citing company brand as important when deciding whether to apply for a role.
- Psychometric testing is on the rise as the risks of a mis-hire become more serious. 55% of senior executives value it as part of the recruitment process
- The nature of writing job ads has changed forever. 75% of hiring managers are now using keywords to ensure their ads have the best possible chance of being found
To access the report now go to http://nz.hudson.com/the-hiring-report