SEEK employment summary – November 2016
Salary & job trends 28 December 2016
November delivered more good news for candidates. The year may have been winding down but job opportunities on SEEK were hotting up!
The latest data from SEEK Employment Trends shows a 6% increase in SEEK job ads compared to the same time last year. Michelle Christie, director at recruitment firm Robert Walters, says candidate confidence is on the rise. “While we’re seeing the creation of new job roles as a result of growing business confidence, we’re also seeing more candidate movement across most industries, which suggests that Australians are more confident about opportunities that are out there.”
Industries on the rise. SEEK job ads were up year-on-year across the majority of industries. The Farming, Animals and Conservation industry saw 33% increase in job opportunities on SEEK compared to the same time last year and the average advertised salary was $71,679. Christie explains this may be due to companies reinvesting after several years of consolidation. “A lot of the major agribusiness companies restructured to cut costs about three or four years ago and they're now in a growth phase, so it's exciting times in the industry.”
Government and Defence also experienced growth in November with job prospects for candidates rising by 27% year-on-year and the average advertised salary was $92,761. Matthew De Zilva, head of national accounts at recruitment firm Adecco, has more good news for candidates in the industry. “We’re seeing an increase in hiring across almost all government departments,” he says. “If you’ve looking for a government role, therea re great opportunities out there.”
The Construction industry continued its growth from previous months. The latest SEEK data shows a 24% increase from the same time last year and the average advertised salary was $107,343. Meanwhile, related industries such as Trades and Services experienced year-on-year growth of 13% and the average advertised salary was $63,966.
Candidates in the Marketing and Communications industry will be pleased to know that job opportunities on SEEK grew up by 10% year-on-year and the average advertised salary was $87,347. Christie attributes this to a growth in digital marketing. “Digital marketing has gone crazy and we find that these candidates are among the hardest to source. If you have these skills, you’re in a good position.”
Opportunities for candidates in the Information and Communications Technology industry grew by 5% and the average advertised salary was $104,548. Andrew Brushfield, Director of Robert Half Australia, says candidates in data science and cyber security roles are in hot demand. “Companies are look for people who can analyse big data,” he says. “We’re also seeing greater flexibility in ICT roles. More companies are offering opportunities to work from home and this is attractive to candidates and also helps to reduce costs on office rental space.”
Meanwhile, there were more job prospects for candidates in the Human Resources and Recruitment industry where SEEK job ads rose by 11% and the average advertised salary was $85,695. De Zilva notes that senior roles are in high demand. “HR candidates with niche skills, such as industrial relations and health and safety, are also in demand. A growth in HR roles across the board is also a good indication of the growth in the employment market.”
Sales sees a decline. Only four industries saw a year-on-year decline in job opportunities on SEEK in November. Although the Sales industry experienced a slip of 3%, Christie suggests the decline was coming off a high base of job ads. “Companies are recruiting sales people to bring the dollars into their business,” she says. “We’re seeing growth in demand for sales talent.” The average advertised salary for sales roles was $82,761.
Opportunities in Education and Training slipped by 17% year-on-year and the average advertised salary was $78,659. Meanwhile, Retail and Consumer products also saw a small decline of 4% and the average advertised salary was $58,191.
Banking and Financial Services also saw small dip of 3% year-on-year and the average advertised salary was $88,358. “I think there is greater consolidation within banking,” say Christie. “They are utilising more internal staff, although there is still good demand for client-facing roles.”
Trends across the states. If you are considering your next career move in Victoria or New South Wales, you’ll be pleased to know that job opportunities in these states are on the rise. Tasmania, the ACT and Northern Territory also experienced year-on-year growth.
In good news for candidates in South Australia, the positive momentum continued. “South Australia continued to have the largest year-on-year advertising growth of all the states and territories in November,” says SEEK spokesperson Kendra Banks. “Job ads on SEEK for the states were up by 16% year-on-year.”
While job ads in Queensland remain weak relative to the past five year, they have stabilised over the past four months. Job ads in Western Australia continued to be low relative to the past five year, however Brushfield sees signs of growth on the horizon. “Western Australia experienced inflated highs for so long that people forgot what normal was,” he says. “While we’re not back normal levels, we are seeing some positive signs of marginal improvement.”
What will 2017 bring for the employment market and how will your industry perform? We’ll keep a close eye on trends to ensure you stay informed.