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Race for talent is on

Manpower's Employment Outlook Survey released this week indicates that employer hiring intentions will continue to grow over the next three months, with opportunities for job seekers likely to…

Manpower's Employment Outlook Survey released this week indicates that employer hiring intentions will continue to grow over the next three months, with opportunities for job seekers likely to return to pre-downturn levels.

The survey of over 2,200 Australian employers found that the proportion of employers planning to hire has increased, with a decrease in the number planning to reduce their headcount.

"This time last year, job seekers faced a pretty cheerless job market, with national hiring optimism at its weakest point of the downturn, sitting at minus one per cent," said Lincoln Crawley, managing director of Manpower.

Crawley explained that while the overall outlook is positive, some industry sectors are yet to find solid ground. After a surge in employment optimism across every sector, Crawley said some sectors may see a correction this quarter.

"It is going to be a balancing act for many of these industry sectors - they don't want to peak too early and hire before the demand is there but they don't want to be left behind in the renewed race for talent," Crawley warned.

A flexible workplace is the key to finding that balance, according to Crawley, which means providing capacity but reducing the risks of permanent hiring. Crawley suggests road-testing candidates to give both the company and the individual a chance to see if they fit with each other.

With the talent shortage set to return Crawley warns employers that they can't afford to wait too long before making a decision about talent growth plans.

"Those who act decisively will reap the benefits and snatch up the best talent in the market," Crawley said.

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