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Jobs market boost forecast for election year

Fuseworks Media
Fuseworks Media

Robert Walters is releasing it's annual Salary Survey, which is in its 21st year, and offers the New Zealand market’s leading guide to the salary expectations recruiters can expect to find among candidates across a range of professions. The survey provides insights and trends across key industries.

Given we have the election in 2020 it is boding well for employees with Robert Walters forecasting a boost in the job market. The survey has also highlighted a shortage in highly skilled employees across a number of sectors.

Some key findings of the survey include:

With 2020 being an Election year there will be a boost in public sector employment demand as the government presses ahead with major projects

With the Government delivering on promises of affordable housing, access to education and breaking cycles of poverty these initiatives will require an influx of talent to Wellington and regional areas.

Similarly with Treasury estimating infrastructure projects worth $1.6billion in the pipeline - infrastructure employers will be on the hunt for a range of engineering professionals, and ancillary service employers in accountancy, legal and procurement will be seeking contractors to assist with the increase in short term-focused project work

The commoditisation of data is affecting organisations in every sector of the economy, and employers will compete for the services of a relatively small supply of data scientists and analysts.

As digital transformation sweeps through organisations large and small, professionals with skillsets in DevOps, UX and UI are in high demand.

The survey also predicts hiring managers in the banking and financial services sectors will struggle to find talent with experience in the regulatory, compliance and risk management areas. Employers in New Zealand are adding extra rigor to these areas in the wake of the Hayne Royal Commission inquiry into conduct in the banking, superannuation and financial services sectors, and other overseas scandals.

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