Australia’s ICT Recruitment Sector Employment Market ... · Trends Remuneration Trends State...
Transcript of Australia’s ICT Recruitment Sector Employment Market ... · Trends Remuneration Trends State...
Australia’s ICT Recruitment Sector Employment Market Update
Q1, 2015Beacham Group Summary
• This presentation should be read in conjunction with the ITCRA ICT Employment Trends Report which forms the briefing and reference material.
• The purpose of the report is to provide an overview of the key movements and data that affects the ICT industry in terms of business conditions, human capital needs, recruitment activities, and expectations.
• This document provides general information only and specific advice should be sought before decisions are made.
BeachamGroup Notes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
Beacham Group Notes
Statistic RecentStatistics (Q1, 2015)
Previous Statistics (Q4, 2014)
Change
Population 23,773,311 23,694,714
Employed 11,679,400 11,679,400
Participation Rate 64.8 % 64.8%
Unemployed 764,500 759,200
Unemployment Rate 6.1 % 6.1%
Underutilisation Rate 14.9 % 15.0%
Skilled Vacancies Trend (annualized)
6.9 % 10.0%
ICT Professionals Vacancies Trend (annualized)
14.6% 8.7%
• The Australian labour market may be starting to settle after a period of volatility
• Some States or Territories are doing well while others are doing poorly
• IT vacancies appear to be doing well over the year but recently volatility suggests a shift in industry focus
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
Key National Statistics
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
Australia’s Top Roles by Placement Count
Popular Permanent Recruits
Business Analyst
Analyst Programmer
Service Desk
Project Manager
Helpdesk
Popular Contractor Recruits
Business Analyst
Project Manager
Analyst Programmer
Helpdesk / Desktop Support
Consultant
Permanent & Contracting Markets
13%
87%
Permanent
Contracting
Market Size by State
11%
41%
12%
5%
24%
7%
Australian CapitalTerritory
New South Wales
Queensland
South Australia
Victoria
Western Australia
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
ICT Recruitment Market: Australia
Average Days to Fill
48
30
61
40
DAYS TO FILL
Permanent Q4 2014 Contract Q4 2014
Permanent Q1 2015 Contract Q1 2015
• Contracting is the main way that ICT professionals work
• NSW is the main market, with ACT and Victoria and Queensland as major secondary markets
• Permanent ICT applicants command lower rates but take longer to secure
CEO’sNotes
EconomicTrends
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Employer Trends
RemunerationTrends
State Trends
Partners
ICT Recruitment Market: Australia
Qualifications Sought
2.0
0%
9.3
0%
3.5
0%
79
.90
%
5.3
0%
1.3
0%
12
.20
%
5.2
0%
76
.50
%
4.8
0%
HIG
H S
CH
OO
L
CER
TIFI
CA
TES
(LEV
EL I-
IV)
DIP
LOM
A O
R A
SSO
CIA
TE
DEG
REE
SPEC
IALI
ST, B
AC
HEL
OR
S O
R
HO
NO
UR
S D
EGR
EE
PO
STG
RA
DU
ATE
DEG
REE
High School Q1 2015
Certificates (Level I-IV) Q12015
Diploma or AssociateDegree Q1 2015
Specialist, Bachelors orHonours Degree Q1 2015
Postgraduate Degree Q12015
High School Q4 2014
Certificates (Level I-IV) Q42014
Diploma or AssociateDegree Q4 2014
Experience Sought
46%
40%
14%
Experience
Up to 4 years
From 4 up to 7 years
More than 7 years
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
What ICT Employers are looking for
• Mobile Phone/Allowance
• Flexible Working Hours
• Telecommuting
• Car Park
• Company Paid Training
• Telecommuting
• Flexible Working Hours
• Overtime Payments
• Car Park
• Additional Superannuation
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
What ICT Talent is looking for
Popular Permanent Benefits Popular Contract Benefits
CEO’s NotesEconomic
TrendsRecruitment
TrendsEmployer
TrendsRemuneration
TrendsState Trends
Statistics Q1 2015 Statistics Q4 2014
Permanent Roles
% of roles are permanent
8% 16%
Average number ofdays to fill a role
86 45
Average rate per hour
$63.62 $67.85
Contract Roles
% of roles are contract
92% 84%
Average number of days to fill a contract
49 83
Average rate perhour
$99.71 $103.71
• Led by the Australian Government
• Popular market for ICT workers due to Government work
• Proportion of roles that are permanent have halved from 16% to 8% this quarter
• Average hourly rates have softened slightly this quarter
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
ICT Recruitment Market: Australian Capital Territory (ACT)
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
ICT Recruitment Market: New South WalesStatistics Q1 2015 Statistics Q4 2014
Permanent Roles
% of roles are permanent
7% 13%
Average number ofdays to fill a role
62 28
Average rate per hour
$62.31 $64.32
Contract Roles
% of roles are contract
93% 87%
Average number of days to fill a contract
45 39
Average rate perhour
$120.99 $124.15
• Largest market in Australia at 39% of all positions filled this quarter
• Permanent roles went from 13% to 7% of the total in this quarter making it the most contractor focused state
• Time to fill roles increased substantially this quarter
• Average hour rates softened slightly but not as much as elsewhere
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
ICT Recruitment Market: QueenslandStatistics Q1 2015 Statistics Q4 2014
Permanent Roles
% of roles are permanent
9% 6%
Average number ofdays to fill a role
50 25
Average rate per hour
$50.16 $57.17
Contract Roles
% of roles are contract
91% 94%
Average number of days to fill a contract
29 37
Average rate perhour
$89.00 $82.11
• Queensland Government has been hiring recently
• Permanent roles increased from 6% to 9% of the total
• Average days to fill contracted slightly
• Average hourly rates softened slightly
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
ICT Recruitment Market: South AustraliaStatistics Q1 2015 Statistics Q4 2014
Permanent Roles
% of roles are permanent
9% 15%
Average number ofdays to fill a role
82 20
Average rate per hour
$44.35 $51.58
Contract Roles
% of roles are contract
91% 85%
Average number of days to fill a contract
24 68
Average rate perhour
$53.86 $66.10
• Permanent roles went from 15% to 9% share in this quarter
• Average time to place increased for both permanent roles and contract roles
• Average hourly rates softened for both contract and permanent roles
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
ICT Recruitment Market: VictoriaStatistics Q1 2015 Statistics Q4 2014
Permanent Roles
% of roles are permanent
11% 17%
Average number ofdays to fill a role
59 33
Average rate per hour
$67.84 $73.29
Contract Roles
% of roles are contract
89% 83%
Average number of days to fill a contract
42 44
Average rate perhour
$112.10 $162.89
• Permanent roles went from 17% to 11% share in this quarter
• Average time to place increased for both permanent and contract roles
• Average hourly rates softened for permanent roles and considerably (30%) for contract roles
ICT Recruitment Market: Western Australia
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
Statistics Q1 2015 Statistics Q4 2014
Permanent Roles
% of roles are permanent
11% 5%
Average number ofdays to fill a role
64 20
Average rate per hour
$63.22 $64.95
Contract Roles
% of roles are contract
89% 95%
Average number of days to fill a contract
29 34
Average rate perhour
$78.50 $121.24
• The smallest market this quarter representing only 4% of all new ICT roles
• Average time to place increased by 30 days for permanent roles and 9 days for contract roles
• Average hourly rates softened marginally for permanent but by approximately 35% for contract roles
CEO’sNotes
EconomicTrends
RecruitmentTrends
Employer Trends
RemunerationTrends
State Trends
Partners
ITCRA is the professional body for the ICT contracting and recruitment sector in Australia and New Zealand. Beacham Group is an ITCRA member.ITCRA Members supply and/or manage white collar professionals on behalf of their clients for permanent and flexible roles, including contracting, across Australia and New Zealand as well as multiple international markets.
SkillsMatch is a monthly reporting program of data from ITCRA Members systems that includes: position title and requirements, available positions, salaries offered, placements made and time-to-fill for ICT contract and permanent roles. The data is released to ITCRA by participating Members on a set day each month so ongoing analysis of market trends is available. With more than ten years of information available, SkillsMatch is a unique, comprehensive dataset of ICT recruitment and employment trends.
Beacham Group is a boutique human resources and specialist recruitment consulting firm. Our team of highly trained and industry experienced consultants have a simple focus – to consistently recruit exceptional talent for growing businesses.
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