of organisations in Australia found hiring ‘Very’ or ‘Quite’ competitive in 2023.
of professionals in Australia plan on actively looking for a new job in the next 6 months, - 13% down from last year.
of employers have lost out on hiring new talent in the last 6 months as they can’t compete on salary and benefits.
Many organisations have ambitious transformation agendas that require specialist skills and experience. Hiring contractors will allow them to proceed with programmes without headcount commitments.
- Dom BarehamManaging Director, Morgan McKinley Australia
This is your opportunity to Go Beyond all expectations.
How can you be successful in the evolving talent landscape?
The top 5 hiring challenges companies will face in 2024.
of organisations in Australia found hiring ‘Very’ or ‘Quite’ competitive in 2023. The main barriers to recruitment in 2024 are…
- No sign-off for new headcount
- Lack of skilled candidates available
- No budget to hire
- Pay and benefits not competitive enough
- Length of the hiring process
What do people want? Key benefits to offer…
Employees in Australia are not very satisfied with the benefits they receive, with 57% being ‘neutral’, ‘dissatisfied’ or ‘highly dissatisfied’ with their packages.
Offering solid benefits, both financial and non-financial, increases your chance of attracting and retaining top talent.
- Work from home
- Flexible working hours: Flexi-start, flexi-finish
- Bonus
- Work remotely overseas for an extended period
- Health and wellbeing benefits and support
Top 5 most desired benefits:
Flexibility is still high on the agenda.
Flexibility around working patterns remains a prominent request, yet 65% of organisations are asking staff to be in the office more regularly compared to this time last year.
Giving freedom around where and when your people do their work boosts attraction and retention.
Up, down or flat? The state of salaries.
With more choice of talent, companies hold the power and are able to dictate terms a little more, meaning salary expectations have levelled off for permanent employees but increased again for contractors.
59%
of organisations kept their salary bandings level over the second half of 2023.
60%
of employers plan to increase salary offers in 2024 for certain, hard-to-fill roles.
52%
of professionals are optimistic that they will receive an increase in 2024.
2025 Australia salary guide.
Explore salaries to find out how much you should be paying your employees or how much you could be earning this year.
Compare salariesA full range of Talent Services...
Whether you need new people to scale up your teams, or you’re looking for specific skills to help your business react fast, our full range of talent services will deliver. We Go Beyond to find you the right people.
Advice for successful hiring.
Pay and Perks: Your Winning Talent Strategy
43% of businesses outlined ‘Can’t compete on pay and benefits’ as the main reason they have lost out on hiring new talent in the last 6 months.
5 reasons why hiring processes are putting off top talent
In the complex world of hiring, finding the right balance often feels like a juggling act.
Recruitment process: How to make better hires in 7 steps
In a tough hiring climate, it is important that your recruitment process is as good as it can possibly be if you are going to hire the most talented people.