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Jobs Galore but bosses will have to pay

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Thousands of jobs will be created in Canterbury in the next few months, with big increases in pay a worry for employers wanting specialist skills and top managers.

Thousands of jobs will be created in Canterbury in the next few months, with big increases in pay a worry for employers wanting specialist skills and top managers.

The Hudson employment report for July to September, released yesterday, indicates a lot of action in the construction, property and engineering industries.

“Local talent has been snapped up with aggressive salary hikes and competitive packages causing a lot of sideways movement in the industry,” the report’s section on the South Island says.

The demand is for the full range of jobs, but the competition is most intense at the specialist end: managers, insurers, engineers and architects.

The Hudson report says manufacturers in the South Island are also planning to hire more employees in the next three months.

Accountancy firm Grant Thornton International said one of the overriding problems facing businesses in Christchurch was the shrinking talent pool of staff and senior management.

Christchurch partner Tim Keenan said: “With it being unlikely that people, outside of the construction sector, will move to Christchurch in the medium term [the next two years] the demand impact for talent and skills is likely to have an inflationary effect on wages and salaries.”

Keenan said a critical task for employers was to retain senior staff as the demand for talent rose. To attract top managers and those with specialist skills from outside Christchurch employers had to offer competitive salary packages.

Keenan said that because the construction sector knew there would be demand, employers there could afford to say, “This is what I am prepared to pay”, but in other sectors pay rises might be more challenging.

The Canterbury Employment and Skills Board announced yesterday that thousands of jobs would be created in the next few months, not only in the trade and hospitality sectors but also in professional and highly skilled positions.

It said that after several months of modelling it was able to predict with confidence the number of roles that would be created.

Recruiting in highly skilled jobs could be difficult, CESB said.

The CESB said it had been set up to get a thorough understanding of what jobs are being created and what skills are needed, and to help bring employees and employers together.

Canterbury Business Leaders’ Group chairman Don Elder said a number of jobs had been created already that were not available three months ago. He said businesses in the group were working hard to keep as many of their talented staff and families in Canterbury as possible.

To fill all available roles, however, we will also need to attract talent ino the region and will need to work together as a city to do this,” Elder said.

The Hudson report says money is not the only motivator.

Many employees in top jobs in the construction and property industry are being enticed by work on particular projects.

With large infrastructure projects still only at the design stage, the demand for staff is expected to increase further.

The Hudson report says many South Island employers have become more realistic about their “ideal” employees, getting staff from around New Zealand and overseas.

The pace is accelerating in other industries. The report says there is huge demand for office, administrative and and IT staff.

Employers are shifting from using contract and temporary staff to establishing more permanent positions.

Over 1100 employers nationwide gave their views for the latest Hudson report.

BIG PICTURE

The main findings of the Hudson employment report for July to September on the South Island:

A net 42 per cent of South Island employers intend to hire more permanent staff in the next three months

A net 83 per cent of construction, property and engineering employers intend to hire more permanent staff

A net 51 per cent of manufacturers intend to hire more staff

Temporary contracts are declining except in the IT sector

- BusinessDay.co.nz

Story taken from http://www.stuff.co.nz/business/rebuilding-christchurch/5204962/Jobs-galore-but-bosses-will-have-to-pay

Comments

#1 from RosanneRichardson34 on September 04, 2011

Specialists tell that personal loans help a lot of people to live the way they want, because they are able to feel free to buy necessary stuff. Furthermore, different banks present short term loan for different persons.

#2 from babar on September 28, 2011

it is a good step from Canterbury to create new jobs as well as increases the pay for their employment..
work in new Zealand

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