CEO hiring confidence at all time high

The YPO Global Pulse Confidence Index has revealed Australia and New Zealand’s business leaders are at their most confident level since October 2010. Australian and New Zealand Chief Executive Officer confidence levels are also higher than their Asian counterparts for the first time in the history of the survey.

Tudor Marsden-Huggins, Employment Office’s Managing Director and Executive Member for YPO Queensland cites the combination of low interest rates, the weakening of the Australian dollar and the recent change of Government as the key contributing factors in the CEO confidence surge.

The Hiring Index was also at the highest level the survey has ever produced, indicating that the Australian and New Zealand employment market will begin to soften.  The positive results in the Hiring Index are closely linked with the fact that 71% of CEOs expect their business’ turnover to increase by at least 10% over the next 12 months.

In addition, nearly half (46%) of the CEOs surveyed said that business and economic conditions had improved over the past six months while a similar number (44%) expect economic conditions to improve even more.

The increased hiring confidence is converging with one of the most fruitful times of the  year to recruit candidates – the holiday season.  Candidates have an abundance of time to assess their current career situation and, importantly, a call to action, often in the form of a New Year’s Resolution.

Making the decision to recruit during the holiday season is a difficult proposition if you plan on managing the process yourself.  You probably have plenty of work to finish before you enjoy your time away from the office but you’ll still need candidates when you return.  Wouldn’t it be nice if you returned from the Christmas and New Year holidays with a pool of quality candidates ready for screening and interviews?

Employment Office can help.  What’s more, with our special holiday offer, you’ll receive more than $900 in additional advertising value including a free eShot targeted candidate database mail out which is an excellent way to attract passive candidates to your opportunity.  If you would like to learn more about how Employment Office can assist in managing your recruitment over the holidays, call 1300 366 573 and ask to speak with your account manager.