Whether you're a trainer looking for your next job opportunity, or an employer hoping to find qualified talent to add to your roster, it's interesting to know how the Australian employment market is tracking.
In positive news, the most recent figures on training industry jobs comes with a positive tone, as the Department of Employment explained in its Australian Jobs 2015 report.
Of all new jobs created in the past year, the education and training sector took third spot as the largest recruiter, with 43,000 new positions opening up – just pipped by health care and social assistance (52,700) and construction (55,400).
It's not all great news in the wider labour market, though the training industry is holding its own. Although employment has risen by 1.3 per cent in the year to February 2015, that is some way below the average annual rate of 1.8 per cent recorded over the past decade.
So where does that leave us now? Well, training industry jobs are still in a good period of growth, and employers are positive about the immediate future, too.
Hiring expectations on the rise
Hudson's most recent hiring expectations research shows that a net 17.1 per cent of Aussie employers are aiming to increase permanent staffing levels this quarter – quite a large jump on the 11.2 per cent that had this sentiment one year ago.
Dean Davidson, executive general manager at Hudson Recruitment Australia, explained in a bit more detail.
"While the official unemployment rate has crept up recently and economic conditions remain challenging, our research reveals a transition in the labour markets, with weaker employment conditions in mining and resourcing offset by more positive conditions in industries such as professional services, IT and financial services."
Training industry jobs are still in a good period of growth, and employers are positive about the immediate future, too.
Retention in employers' hands
But what about retention? Once a company has a new member to add to their training staff, are they likely to keep hold of them? According to a piece of research by Insync Surveys, employers have every reason to think so.
The study found that as much as 80 per cent of employee retention comes down to things in the employer's control – such as hiring the right people in the first place.
"There are 11.5 million people employed in Australia earning $638 billion per year," Nicholas Barnett, CEO at Insync Surveys, began.
"When you consider that around 2 million Australians are likely to leave their jobs in the next 12 months, staff turnover costs this country around $83 billion every year. A reduction in turnover of just 5 per cent could save the Australian economy $23 billion each year."
With 1.1 million new jobs expected to be created over the next five years, it could be just the time to get in touch with a training industry recruitment company like Edutemps if you're looking for that next career step.
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