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The Olivier Internet Job Index June 2007 has been released. The Olivier IJI provides information to employers, recruiters and job seekers on what is happening in the Australian labour market by analysing Internet job ads. They break this information further into different employment sectors and for each State and Territory. There were 330,438 job ads counted in June on the three major job boards. The Australian Bureau of Statistics May 2007 labour force figures indicate that the seasonally adjusted unemployment rate is 4.2%.
So, with the trend of jobs ads increasing and the unemployment rate moving lower, my question to you is what are you doing as a HR professional to work with your organisation on:
- workforce planning
- identifying the knowledge and skills required for current work as well as any future work
- knowing the critical roles in your organisation, what capabilities are required for these roles and whether the people in these roles are looking to retire or move on
- having succession plans in place to ensure there is somebody ready to step into the critical roles with the right capabilities
- designing attraction and retention strategies so people stay with you just that little bit longer
- knowing the demographic of your workforce
If people in your organisation have not thought about this or are not interested then show them some statistics. Provide them with information from the ABS and the Olivier Job Index, give them figures on how much attrition and recruitment plus onboarding costs the organisation.
In such an employees' market can you afford not to?
One Comment
Dear Ali, enjoying your HR thoughts.
I find that even though it is an employees market, I still do not have the confidence to really ask for the flexiblity of hours I would like. I have seen too many part timers stall their careers as it is assumed that if you only want to work 4 days per week, you are no committed to the job. I hope given what you have discussed, that this is changing.
Regards
Murph
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