iTWire - Demand for Australian executives up 13% in December, says search firm
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Tuesday, 15 December 2020 22:52
Demand for Australian executives up 13% in December, says search firm Featured
By Peter Dinham
EL Consult managing director Grant Montgomery
Some serious news on effective Covid-19 vaccinations helped push up Australian executive employment opportunities this month by 13%, according to Grant Montgomery, managing director of executive search firm, E.L Consult.
“Coupled with this the US election results seem to have stabilised and Victoria is opening up, giving Australian business leaders the confidence to employ more executives,” Montgomery said.
And, among the sectors, Information Technology was “clearly the best performer”, according to Montgomery, followed behind by Management, assisted by a boost in government positions.
Montgomery said all other sectors were also positive, noting that “there were gains across the board – across every sector and most regions”.
“The end of the Victorian lockdown and the opening of borders across the country has had a massive boost to confidence and despite some trade issues with China employment is on the rise.
“The China trade games have now clearly morphed into a political issue making it clear that despite the effect on some of our exporting industries, it is now much more about Australian foreign policy and the desire of a totalitarian state to jump on dissention.
“Whether it is Norwegian salmon or Australian rock lobster, politics are now clearly one of the conditions of trade by a free democratic state and a Chinese leadership unable to tolerate differing opinions.
“As Australian businesses can do little to change these new trading conditions and as Australians in general, will not swap freedom of speech for trade dollars there is not going any change to this situation any time soon.”
“The presidential election result now appears a clear Biden victory and as the possibility of a challenge fades, markets have stablished further adding to business confidence,” Montgomery added.
“Companies are even, it appears, looking to get in new workers before the Christmas break which is unusual for this time of the year. Executive employment should grow from here, given demand is still below pre-crisis levels.
“We are still finding our way back to pre- COVID-19 when it comes to executive employment levels.
“There is still growth to come. We will see more gains in coming months notwithstanding the effects of the silly season coming upon us.
“I expect more gains as we head into 2021.despite this period being notoriously unpredictable,” Montgomery concluded.
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