We are delighted to support IT18, the first IT recruitment and talent management event in Australia. The event will tackle a wide range of subjects including management of IT contractors. If you are coming come and say ‘hi’. We will also be tweeting during the event. Follow us on @happycontractor
By Raj Sesha, CEO SDP.
As we proceed into a New Year, some of us may feel the pinch on profit margins. Last year the market saw a steady and stable development, however some recruitment agencies still faced cash flow challenges which hindered their growth opportunities. The year ahead may bring some level of uncertainty; however it is imperative not to dwell on the negatives but to look at new and improved ways of doing things. With some industry professionals forecasting that Australia will continue a steady economic growth for 2013, there is some hope that opportunities will arise and that there will be generation of jobs. It is therefore crucial that recruiters maximise their cash flow, and seek to improve back office systems, where necessary, to withstand these prospects.
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The recruitment sector has survived one of the toughest years on record, and with entering into a New Year there is still a level of uncertainty as to whether market conditions will improve. With uncertain market activity, there are increasing trends of the contingent workforce and in many industries they are being used in greater capacity, as the benefits become more widely recognised. With some industry observers forecasting that Australia will post steady economic growth in 2013; the market is seen as being stable and over the past two years employment rose by half a million. This forecast suggests scope for the employment market, with the generation of jobs and increased opportunities for the recruitment industry to grow.
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