Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Report proves employers are looking to contracting

Media Release
FOR IMMEDIATE RELEASE
08.11.2012

Report proves employers are looking to contracting

The latest Hudson Report: Employment Trends shows that while New Zealanders are working longer and harder than ever, most (59.1%) of New Zealand employers are reluctant to increase their staffing levels.

Hudson’s report indicated that more than a quarter (26.2%) of respondents felt like they were working longer hours than this time last year, and an astounding 72.1% believed that their workloads had significantly increased.

While Hudson’s Executive General Manager, Roman Rogers discussed the increasing workload, working hours and the lead up to “burnout” in organisations, it is clear that employers are not looking to increase permanent staff levels to resolve this issue.

“Too much is being asked of permanent employees”, says Tony Wai, managing director of contracting specialists, Crackerjacks. “There are constant time pressures on top of a heavy workload. Businesses and staff are beginning to feel that permanent employment doesn’t offer them what it used to”, he says.

While some organisations aim to keep staffing levels consistent, the remainder (31.3%) intend to employ more people due to a large increase in project-based work. “Organisations are still finding that there is economic uncertainty around their future and therefore keeping fixed costs down so that they can weather any down-turns. Businesses will use contractors to resource and bridge the gap if there is growth”, says Wai.

Contracting has seen a rapid increase in the administration, finance and project management industries, particularly in Canterbury, where there is an urgency for specialised skills to lead the rebuild in construction projects. “The devastation in Christchurch has attracted contractors from across New Zealand to this area. Although they want to help our country, the attraction to the area is emphasised by the high remuneration that comes with the demand for contractors”, says Wai.

In comparison to this, Aucklanders are gradually becoming regulars in the contracting scene, particularly in the IT industry. With greater desires to balance work and life, Aucklander’s envisage contracting as a “lifestyle”, entering into an organisation for a set period of time, working at a flexible rate while earning an impressive, fixed-term salary.

Project-based commitments are commonly fixed term which can mean that contractors are logging more hours and effort, but for greater work opportunities. “People look to contracting because there is ‘down time’ once the contract is complete”, says Wai.

People that are assigned these specific projects often have particular or specialised skill sets.

However, to find these people requires successful advertisement and recruitment, because contractors need to be a “perfect fit” in terms of understanding their role and the expectations of them in their demanding environment.

Employers want to maximise their return by using the right contractor to complete their projects and Wai believes that full market visibility using an online platform is the answer to this frustration.

“In essence, we’ve created a platform that offers contractors the ability to search and apply for roles. Businesses and recruiters are also encouraged to engage in ‘shoulder tapping’ whilst having full visibility of the contract talent”, he says.

With increasing technological developments, it could be predicted that the contracting hiring expectations will continue to rise.

Facts:
• Crackerjacks is an online solution to professional contracting. In essence the website connects businesses with professional contractors. After launching in Auckland in October 2008, it is used in Auckland, Waikato and Wellington. The candidate database currently stands at 6722 contractor professionals. See website for more details www.crackerjacks.co.nz

• Crackerjacks Contracting has been undergoing an entire site transformation over the past 6 months re-launched their new initiative on October 1st 2012

• Tony Wai is the Managing Director and Founder of Crackerjacks Contracting. He first launched Crackerjacks after experiencing frustration when searching for contractor talent

• For more information on the Hudson report, please go to http://nz.hudson.com/hudson-report/2012-Q4

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

The Price Of Cheese: Cheddar At Eight-Year Low

Food prices decreased 0.5 percent in the year to June 2016, influenced by lower grocery food prices (down 2.3 percent), Statistics New Zealand said today. Compared with June 2015, cheese prices were down 9.5 percent, fresh milk was down 3.9 percent, and yoghurt was down 9.2 percent. More>>

ALSO:

Financial Advisers: New 'Customer-First' Obligations

Goldsmith plans to do away with the current adviser designations which he says have been "unsatisfactory" in that some advisers are obliged to disclose potential conflicts of interest and act in their customers' best interests, but others are not. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news