Accounting and finance set for jobs growth

Signs are positive for growth and stability in New Zealand accounting and finance roles, according to a recent survey from recruitment company Robert Half International.

Hiring managers have predicted there will be more job opportunities for both permanent and contract professionals in the first half of 2011, meaning employers need to focus on retaining top talent.

The survey products a 9% increase in the recruitment of full-time staff over the half year, and an 8% increase in temporary/contract hiring.

The majority of the new positions are in accounting, with hiring managers surveyed planning to recruit over half (54%) of new roles in this sector. New finance positions make up a further quarter (26%) while banking adds 19% to the mix of new roles on offer.

Robert Half New Zealand general manager Megan Alexander said as the job market starts to become more fluid, it is more important than ever for managers to focus on staff retention, in addition to attracting new talent.

“While New Zealanders are loyal, employers shouldn’t assume their staff will stay in a job,” she said.

“Positivity in the job market equals optimism for employees, which may lead them to seek out new opportunities. The message to employers is not to rest on their laurels when it comes to keeping current employees happy.”

The survey also found that while losing top talent was even more of a concern overseas, 43% of New Zealand firms are worried about losing top performers to other job opportunities in the first half of 2011.

“Losing talent to other businesses is a big concern and can be costly for employers,” Alexander said.

– via Netprophet