Job Seeker Intentions Report

Absolute IT are pleased to present our latest Job Seeker Intentions

Report, from a survey of over 3,500 ICT professionals from around
New Zealand & offshore. The report provides insight into ICT job
seekers plans for and expectations of 2014.
SUMMARY OF KEY FINDINGS
Since our 2013 report there has been an
increase in job seeker confdence as well
as contentment. Workplace satisfaction
remains strong with 85% of job seekers
considering their workplace a good place to
work, and fexible working hours still cited
as the top non-fnancial beneft an employer
can offer.
Nevertheless 67% of employees are still
planning to move to a new work place in
2014 citing it being time for a change as
the top reason to change jobs and low
salary coming in at third place. The shift in
motivation to move is further evidence of the
increase in job seeker confdence.
67% of those who are looking to move are
hoping to do so in the next 3 months which
is in line with the hiring timings indicated in
our Employer survey.
Despite being third on the list of reasons
to move jobs, competitive remuneration
continues to be a crucial motivator for job
seekers. As our data consistently shows, an
increased salary is the main infuencer when
choosing a new job. Its also the top criteria
that would stop a job seeker from leaving
their current role. This years report shows
that a consistent 34% of job seekers are
planning to move offshore stating money
and career development as the top equal
reasons for the move. Comparitively, 9%
of the survey respondents are currently
overseas, with the majority looking to move
to New Zealand in 2014, citing lifestyle as
the top reason closely followed by career
development.
The good news is that the latest Absolute
IT Employer Insight Survey shows a large
shift in employer confdence with 47.5% of
employers planning to provide a pay rise in
2014 with only 6% ruling it out.
Social media continues to be a relied on
tool for job seekers with 79% updating their
profles when they are actively looking for a
new role -up from 72% in 2013. 79% are also
using social media and websites to evaluate
potential employers and 48% have used
social media to look for a job or contact a
potential employer.
The increasing use of social media by job
seekers highlights the growing opportunity
for employers to attract the best talent by
promoting their brand through multiple
online channels.
SKILLSET
LOW SALARY
1
2
3
TIME FOR A
CHANGE
67% ARE CONSIDERING A
MOVE TO A NEW WORK PLACE IN
THE NEXT 12 MONTHS
85% CONSIDER THEIR
CURRENT WORK PLACE A GOOD
PLACE TO WORK
41% STATE FLEXIBLE
WORKING HOURS AS THE TOP
NON-FINANCIAL BENEFIT THEY
WOULD MOST APPRECIATE FROM
THEIR EMPLOYER
79% REVIEW AND UPDATE
THEIR ONLINE SOCIAL MEDIA
PROFILES WHEN ACTIVELY
LOOKING FOR A NEW ROLE
34% ARE CONSIDERING A
MOVE OVERSEAS IN THE NEXT
12 MONTHS
79% EVALUATE POTENTIAL
EMPLOYERS ONLINE
PROFILE OF A JOB SEEKER
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JOB SEEKER INTENTIONS
FEBRUARY 2014
AUCKLAND | HAMILTON | WELLINGTON | CHRISTCHURCH | LONDON | WWW.ABSOLUTEIT.CO.NZ | WWW.ITSALARIES.CO.NZ | 0800 29 89 99
EMPLOYMENT TYPES OF
SURVEY PARTICIPANTS
AUCKLAND
HAMILTON/BAY OF PLENTY
WELLINGTON
CHRISTCHURCH
REGIONAL SPLIT OF
PARTICIPANTS
SOUTH ISLAND OTHER
43%
1%
4%
35%
8%
26%
CONTRACTOR
74%
PERMANENT
MAIN MOTIVATORS FOR
MOVING JOBS
9%
OVERSEAS
RELOCATING
85%
34%
WHEN?
51% ARE PLANNING
TO MOVE TO AUSTRALIA
28% PLAN TO
MOVE INDEFINITELY
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AUCKLAND | HAMILTON | WELLINGTON | CHRISTCHURCH | LONDON | WWW.ABSOLUTEIT.CO.NZ | WWW.ITSALARIES.CO.NZ | 0800 29 89 99
JOB SEEKER INTENTIONS
FEBRUARY 2014
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67%
OF JOB SEEKERS
ARE CONSIDERING
A MOVE TO A NEW
WORK PLACE IN THE
NEXT 12 MONTHS
WORKPLACE SATISFACTION
24% Time
for a change
Reasons employees are considering a
move to a new workplace in 2014:
2% Redundancy
1% Study
4% Travel
10% Unmotivated
team/ work place
13% Low
salary
23% Other
23% Skills not
being utilised
OF JOB SEEKERS CONSIDER THEIR
CURRENT WORK PLACE A GOOD
PLACE TO WORK
MARKET INSIGHT
Workplace satisfaction remains strong with 85% of job
seekers considering their workplace a good place to
work, however 67% of employees are planning to move
to a new work place in 2014 citing time for a change
as the top reason to change jobs.
The shift in motivation is further evidence of an increase
in job seeker confdence with the improving economy.
CHALLENGING
WORK
35%
30%
25%
20%
15%
10%
5%
0
BETTER
SALARY
PACKAGE
CAREER
DEVELOPMENT
OPPORTUNITIES
BETTER
CULTURE/ WORK
ENVIRONMENT
1
3
%
2
6
%
3
4
%
1
8
%
2
6
%
1
2
%
1
0
%
MARKET INSIGHT
Permanent workers prefer better
salary & career development
opportunities while contractors
place more value on the culture
and environment as well as the
level of challenge in the role.
These infuences align with
the time bound motivations of
permanent vs contract workers.
2
6
%
Top motivators that influence a job seekers final decision
PERMANENT VS CONTRACTORS
WHY?
58%
Unknown at
this stage
13%
6 months - 1 year
11%
In 1-2 years
18%
In next 6 months
24%
Career
Development
24%
Money
11% Family
2% Other
16% Travel
23% Lifestyle
CONTRACTOR
PERMANENT
Of those considering a move overseas:
OF JOB SEEKERS ARE
CONSIDERING A MOVE OVERSEAS
ONLINE
SOCIAL MEDIA & WEBSITES
WEBSITES ONLY
SOCIAL MEDIA ONLY
Job seekers who research potential
employers online
REMUNERATION
MARKET INSIGHT
The good news is the latest Absolute IT Employer Insight Report
shows 47.5% of employers are planning to give their staff a pay
rise and only 6% have ruled it out.
The median bonus rate has maintained at $6,000 and while the
percentage of those receiving benefits has dropped since 2013,
the number of employees who received a pay rise last year
reached 75%: a significant increase against the 44% of employers
who were expecting to give them at the beginning of 2013.
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AUCKLAND | HAMILTON | WELLINGTON | CHRISTCHURCH | LONDON | WWW.ABSOLUTEIT.CO.NZ | WWW.ITSALARIES.CO.NZ | 0800 29 89 99
JOB SEEKER INTENTIONS
FEBRUARY 2014
46%
31%
2%
NONE 21%
Where job seekers look for new work
86% Job Board Website
49%
www.absoluteit.co.nz
42%
Recruitment Agency
40%
Social Media Sites
22%
Careers section of
employer
52% Referrals,
Networks, WOM
MARKET INSIGHT
There is disparity between job seekers & employers use of social media: for employers it continues to shift in
popularity with a small decrease in those using it to promote their brand and attract new staff. While job seekers use
of social media to evaluate employers is up from 72% in 2013.
A large majority of job seekers are looking for jobs online via job boards, recruitment agencies and the careers section
of employers websites. In fact the only offine methods mentioned were referrals & head hunting and recruitment
agents, gone are the days of circling job ads in the newspaper.
BUSINESS
ANALYST
BUSINESS
INTELLIGENCE
ARCHITECTURE
4
1
2
3
CLOUD
The top four skills employees
would like to reskill in:
YES
70%
60%
50%
40%
30%
20%
10%
0
UNSURE NO
Pay increase confidence
is a lot higher for
Permanent staff
4
0
%
5
5
%
3
8
%
3
1
%
2
3
%
1
4
%
Job seekers expecting a Pay Increase in 2014
Contractor
Total
Permanent
6
6
%
2
5
%
8
%
CAREER DEVELOPMENT
PLANNING AND ADVICE
ADDITIONAL ANNUAL LEAVE
FLEXIBLE WORKING HOURS
The top Non-Financial benefts job seekers
would appreciate from their employer
41%
18%
13%
79%
OF JOB SEEKERS
RESEARCH POTENIAL
EMPLOYERS ONLINE
- UP FROM 72% IN 2013
The Absolute IT Job Seeker Intentions Survey captures valuable information on the ICT Industry
in New Zealand particularily the intentions & expectations of Job Seekers over the next year.
The report is formed from over 3,500 respondent replies with majority of recipients made up
of Wellington and Auckland, Waikato/BOP and Christchurch and the remainder split between
Overseas and North & South Island other.
74% of responses were in Permanent employment and 26% were Contractors.
The report is renewed every 12 months following our annual December survey.
AUCKLAND | HAMILTON | WELLINGTON | CHRISTCHURCH | LONDON | WWW.ABSOLUTEIT.CO.NZ | WWW.ITSALARIES.CO.NZ | 0800 29 89 99
JOB SEEKER INTENTIONS
JANUARY 2014
ABOUT ABSOLUTE IT
Absolute IT delivers New Zealands best IT recruitment solutions.
We provide unrivalled service throughout the country. Our service is exceptional because our
team is. We are innovative specialists who are industry savvy, well-connected and committed.
Since our launch in 2000 weve been proud to be New Zealand owned, our track record speaks
for itself: 95% of job seekers would recommend us to others.
For more information, please contact:
Grant Burley | Director
04 499 7848
grant@absoluteit.co.nz
METHODOLOGY
All data and imagery in this report is the property of Absolute Recruitment Group Ltd
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