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Monday, 20 August 2018 11:46

Aussie tech companies optimistic on hiring plans Featured

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Aussie tech companies optimistic on hiring plans Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Australian technology companies are at the forefront, with other tech companies in the Asia Pacific region, with “aggressive” hiring plans as part of their ongoing recruiting strategies, according to a newly published report.

According to the report, from talent management firm Radford, a division of Aon, Australian technology companies are also reporting more optimistic hiring plans as part of their forward planning.

And, the report by Radford reveals that Australia reported the third highest aggressive hiring plan across the APAC region, behind China and India – with the percentage of technology companies that plan to hire aggressively in Q2 increasing to 6.9% compared to 5.5% in the previous quarter.

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According to the survey, voluntary employee turnover— another key metric on the health of the overall technology sector — remained high in most Asia Pacific markets.

And Australia led the market with the level of voluntary employee turnover the highest in the Asia Pacific region at 12.8% – followed by India (12.7%), China (12.4%) and Singapore (12%).

Radford says it typically views voluntary turnover above 10% to be a concern that warrants further examination from companies.

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Peter Dinham

Peter Dinham - retired in 2020. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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