Powered by MOMENTUM MEDIA
the adviser logo
Lender

Staff hiring to slow

by Staff Reporter2 minute read
The Adviser

Confidence among Australian employers has declined for the fifth consecutive quarter to a record low, recruitment firm Hudson has today revealed.

The company’s national survey of 6,337 employers showed that employer confidence for Q2 2009 now sits at net 0.8 per cent, a four-fold drop compared with Q1 and a massive forty-seven-fold drop compared with confidence figures registered 12 months ago.

In raw figures, in Q2 18.6 per cent of employers intend to grow their permanent headcount, 63.6 per cent intend to keep current staffing levels while18.8 per cent plan to cut it.

Hudson Australia/ New Zealand’s CEO Mark Steyn said current uncertainty within the business community as a result of the global financing crisis has made it difficult for employers to make long-term strategic decisions.

“This is impacting hiring intentions and we see this sentiment continuing on the short-term at least,” he said.

 

default
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more