HR execs told to nail down experienced prospect quickly
A push towards greater strategic nous will see a concerted hunt for executives with procurement, supply chain and logistics understanding, specialist recruitment consultancy Robert Walters predicts.
The outlook is contained in the firm’s 2015 Global Salary Survey, which found that opportunities at the executive level will rise in 2015 as the procurement function gains more presence at the senior level across most industries. In logistics and supply chain, individuals with end-to-end knowledge and continuous improvement skills will be in high demand.
Permanent Australian salaries are expected to rise by 2.7 per cent on average in 2015 from 2014 across procurement, supply chain and logistics.
The rate of growth will be roughly comparable in both Sydney (2.6 per cent) and Brisbane (2.7 per cent), where Robert Walters has a sector presence.
This contrasts with an economy-wide average forecast of 1.65 per cent, which, though lower, is an improvement from the 1 per cent experience last year.
“Hiring managers are advised to act swiftly and decisively when recruiting due to increased competition for top talent Robert Walters associate director of procurement, supply chain and logistics Alastair Pennie says.
“Becoming more flexible and considering candidates who may be less experienced but have transferable skills and high potential is also recommended, as is remembering that job movers are increasingly motivated by work-life balance and career progression.”
More generally Robert Walters managing director Australia and New Zealand James Nicholson sees a some improvement in conditions.
“Looking ahead we expect to see salaries increasing slightly as market conditions improve and more professionals look to change roles in an improving economy,” Nicholson says.
“We anticipate increments of 10-15% for those moving to a new role in high demand areas such as regulatory and compliance, business facing finance staff, sales, and IT roles in financial services.
“Counter-offers will have a further compounding effect if demand outstrips supply.
“Overall, 2015 is likely to be a year of ongoing readjustment to the new industrial landscape in Australia as the country continues its journey towards economic recovery.
“Hiring managers looking for quality candidates in high demand specialties will need to present compelling cases if they want to secure their ideal candidates in 2015.
“Speed and momentum during the interview process, as well as clarity of communication, will be critical.
“Prospective employees continue to seek salary increases when moving roles and will also desire transparency regarding potential career progression, as opportunities have been limited in recent years.”