Hiring expectations among New Zealand employers are at their most optimistic since 2005 according to the Hudson Report: Hiring Expectationssurvey of more than 1,500 employers published today.
The six-monthly survey, shows a positive net effect of 39%, up 5 percentage points from the previous survey.
Information technology (with 68.2% positive net effect) recorded the highest positive sentiment, for the fifth consecutive survey period. This was a rise of 14.1 percentage points on the same period, July to December, last year.
This is also the highest level of sentiment recorded by any industry since 2002.
Other leading industries were telecommunications (51.5%), construction property and engineering (47.4%), government (46.9%) and professional services (45.1%).
The South Island was the region with the highest net effect, of 47.3%, which is up 10.4 percentage points on the previous survey. This was followed by the Lower North Island with net effect of 44.9%, while the Upper North Island recorded the lowest optimism with a net effect of 33.3%.
There is a sizeable 7.7 percentage point jump in optimism for large organisations, from 30.9% (January to June 2007) to 38.6% (July to December 2007). Medium-sized organisations were the most optimistic about hiring levels with 39.8% net effect which is a small decrease of 1.4 percentage points from the previous survey period.
Small organisations were the least optimistic about hiring expectations with a 37.1% net effect; however this is a 3.2 percentage point rise from January to June 2007.
The statistics in the Hudson survey refer to employment expectations for permanent staff. Net effect refers to employers’ expected increases in staff levels less the expected decreases. 1,567 employers were surveyed.