Upload
michael-page-australia
View
206
Download
0
Tags:
Embed Size (px)
Citation preview
Global economic environment
The Australian economy
Salary & Employment Forecast
Continuing and emerging business trends
Spotlight: Gender diversity
Summary
Questions
Agenda
Global economic environmentGDP growth forecasts
Source: ANZ Economics & Markets Research
2014 2015 Forecast Overall Outlook
World 3.3% 3.9% Grinding higher
US 2.3% 3.2% Leading the way
Euro zone 0.8% 1.3% Slowly but surely
China 7.5% 7.0% Trending lower
Australia 3.1% 2.9% Still transitioning
New Zealand 3.1% 3.0% Slowing down slightly
The Australian economyThe experts’ opinions
“We expect 2015 to be a year of moderate gains as the
global economy grinds up a gear.”
Stewart Brentnall - Chief Investment Officer, ANZ Bank
“We expect growth in the Australian economy to
gradually improve in the year ahead.”
Lindsay Maxsted - Chairman, Westpac
“The unemployment rate is expected to remain
elevated, declining in 2015 when we anticipate GDP
growth to be picking up to an above-trend pace.”
Philip Lowe - Deputy Governor, Reserve Bank of Australia
“We expect the unemployment rate to peak in H2 2014
before falling through 2015.”
Paul Bloxham - Chief Economist, HSBC
Increasing business confidence throughout the year will equal greater candidate
confidence
C-suite restructures are leading to increased hiring activity
Businesses are generally positive about the outlook for 2015
Job growth is expected to increase gradually throughout the year.
The Australian economyRecruitment activity
Salary & Employment ForecastRecruitment activity
Strength of current hiring activity
compared to the last 12 months
Expecting to increase headcount
Salary & Employment ForecastSalary and remuneration
Salary increases over the next 12
months
Average percentage salary increase
over the next 12 months
Salary & Employment ForecastAttraction and retention
Key reasons employees are likely to leaveEmployer expectations for staff
turnover in the next 12 months
Most popular options offered to support
employees’ work/life balance
Most popular tools for attraction
and retention
Salary & Employment ForecastAttraction and retention
Continuing and emerging business trends
Trend From To
The shape of businesses Hierarchical De-layered
Business change Large business restructures Small to incremental change
Sourcing talent Local Global
Candidate motivators Money and statusCulture and strong Employee Value
Propositions (EVP)
The use of technology Limited and at times slowMany new options with increased
speed of change
Employer branding Limited or no strategy Introduction of EVP
Diversity and inclusion Limited or no strategyStructured programs to attract and
retain best talent
Spotlight: Gender diversityMale Champions of Change
The Male Champions of Change was established
in April 2010 by Elizabeth Broderick, the
Sex Discrimination Commissioner
The group comprises of 21 CEOs, department
heads and non-executive directors from across
business and federal government
The goal of the group is to make a significant and
sustainable change to the low levels of women in
leadership in Australia
Over the last two years they have shared ideas
with each other and focused on taking action
within their own businesses
They have devised a 12 point plan to effect
gender diversity change.
Spotlight: Gender diversityMale Champions of Change 12 point plan
Stepping up as leaders
1. It starts with us
2. Bring your top team with you
3. End the leadership lottery for women (Inclusive Leadership)
Creating accountability
4. Lead on gender reporting
5. Implement Plus One initiatives
6. Drive a supplier multiplier
Disrupting the status quo
7. Ask ‘50/50: if not, why not?’
8. Raise the bar on women’s careers
9. Mainstream flexibility
Dismantling barriers for carers
10. Get the basics right
11. Build environments where parents and carers thrive
12. Support an expansive review of caring, including childcare options
Summary
Global economy is expected to grow in 2015
Stronger growth in major developed economies will support growth in the ANZ region
The transition of the economy to stronger non-mining demand will continue
Non-mining investment has picked up speed over the last year
Unemployment is expected to trend downwards
Key emerging trends will be Employer Branding and Diversity & Inclusion
The outlook for 2015 is positive.