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matt  
#1 Posted : Thursday, 21 June 2012 1:14:08 PM(UTC)
matt

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Groups: tutor
Joined: 12/04/2009(UTC)
Posts: 7


Melbourne's Job Market

I cover Environmental, Water & Geotechnical recruitment at Aspect and recently I’ve been hearing the same questions asked frequently by job seekers: “Is the engineering market in Melbourne is good or bad? Are employers hiring, or do they plan to?

With no new major infrastructure projects in Victoria announced, and all packages of the regional rail link project now awarded, there is concern that the demand for engineers will drop.

Historically, there has always been peaks and troughs throughout the year and during my time at Aspect Personnel the two most notable dips in demand have been around: the end of financial year and the Christmas/New year period.

The end of financial year seems to see a company’s focus shift from hiring, to the assessing of budgets and forecasting for the year ahead and that could be an explanation for the decrease in demand.

In my experience, the Christmas/New year period is a time when decision makers are either concentrating on getting work out of the door before the festive season, or getting out of the door themselves. This can make it difficult for HR, job seekers and recruiters to get quick response on applications.

There are also concerns about problems overseas, such as: Greece, and the effect it has on the stock exchange, which in turn affects the economy in Australia. Concerns like these can make employers act more cautiously when it comes to spending and hiring new employees.

However, in the latest forecast from the industry research firm BIS Shrapnel predicts economic growth in Australia of just over three per cent for the current financial year. This is expected to be followed by growth of 3.5 per cent in 2012/13.

A factor that could contribute to an increase in demand is: Living Away From Home Allowance (LAFHA).

As of the 1st of July 2012 will no longer be available to temporary residents in Australia.There has been a clear upset at the loss of this benefit, and will really impact those here with spouses and families.

457 visa holders will be on the same tax regime as residents but won’t receive the same benefits, creating further financial pressure for those paying for expensive healthcare and servicing properties back home. According to a majority of surveys conducted online, Australia will see an exodus of many international employees, across all sectors.

A recent survey of 300 professionals, carried out by Robert Walters found suggest that more than half are considering leaving the country.

72% of professionals receiving LAFHA believe that losing the entitlement will make it much harder for them to live in Australia, with 57% of these professionals will consider moving abroad to a country with better tax breaks once LAFHA is abolished.

To negate the reduction of income, 75% will be seeking higher pay from their current employer.
76% said they are likely or very likely to enter the job market and look for a better paying role.

It will be interesting to see what happens after the 1st of July. If we go by the surveys conducted, there will be an increase in demand.

Speaking with engineering companies on a regular basis, there is a huge pipeline of work that is also on hold and ready to be given the green light.

Generally the view from most Melbourne based engineering consultancies have been positive and have a positive outlook on the future.


- Sanj Shouan




Aspect News

Another year wraps up at Aspect

As the 2012 financial draws to a close

we look back on a year that certainly presented its challenges but also opportunities that saw us grow as a business.The last quarter delivered a few of the year’s highlights.

Some New Faces!

As we continue to grow, I am pleased and excited to welcome two new members to the Aspect team; Miriam Taylor and Bonnie Loversuch.

Miriam joins the engineering team as a Recruitment Consultant. She brings with her two and half years’ recruitment experience including two years recruiting for the Victorian Engineering Consultancy market. Miriam will take over the recruitment of Civil and Transport Engineering professionals.

Miriam is available to be contacted directly on 03 9092 7211 or at m.taylor@aspectpersonnel.com.au

Miriam takes over from Adam Brown who has been managing that business since Aspect opened in January 2008. Adam has taken the opportunity to lead Aspect’s growing Construction team and manage the recruitment of Civil Infrastructure professionals.

Our second new recruit is Bonnie Loversuch. Bonnie is joining our Office Support team as a Resourcer. Bonnie has over 2 years’ experience working in a recruitment environment which includes previous resourcing experience in both Office Support and Accounting. Bonnie is contactable on 03 9092 7212 or b.loversuch@aspectpersonnel.com.au.

We are very much looking forward to working with Miriam and Bonnie and are excited to see our business continue to grow!

Giving Something Back!

At last year’s annual sales conference, a consensus was established amongst the group that we should be sharing the success of our business with the broader community and get more involved in fundraisers and charitable events. It has been great to see this concept turn in to action, particularly in the last 3 months.

Aspect has now established a strong working relationship with St Mary’s House of Welcome where we volunteer in their Fitzroy soup kitchen every week. We have also started working with Conservation Volunteers Australia, with our employees heading out to Kinglake to assist in the rebuilding of fences and basic infrastructure following the fires in 2009.

In addition to the above work, we have successfully raised money for the Red Cross East Africa Appeal, Redkite and participated in Australia’s Biggest Morning Tea and a game of “Drawtism”, a Pictionary-esque game to raise money and awareness of autism in Australia.

Finally, on June 21st, I will be spending the night outside in the 2012 Vinnies CEO Sleepout. The idea of the event is that I experience a night under the same conditions as over 105,000 homeless people do every night. That means no bedding comforts, no wallet and definitely no Blackberry!

Straight to the Pool Room!

I am pleased to announce that Aspect have made the BRW Fast Starters list in their third year of eligibility.

After coming 92nd in 2010, 53rd, in 2011, Aspect polled at number 36 in the 2012 BRW Fast Starters list.

I’m also proud to announce that we have again made the Startupsmart list, coming in at number 6 on the list this year, up from number 9 in 2011.

To read more about Aspect’s win as well as other companies that made the top 50, please visit http://www.startupsmart....upsmart-awards-2012.html.

Both the BRW Fast Starters and Startupsmart awards recognise Australia’s fastest growing young businesses.


Aspect recorded company growth of over 77% in the last financial year while retaining 100% of their staff for the 2nd year in a row.

Two great achievements that recognise the continued hard work of the team at Aspect and their drive for service excellence.

Level 9, 287 Collins Street, Melbourne 3000
Phone: 03 9092 7200
www.aspectpersonnel.com.au
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