Australia Talent Trends
As Australia’s economy continues its record expansion, driven by a surge in public investment, employees are still firmly grounded in their current jobs. In fact, employees’ perceptions of job opportunities in Australia weakened in Q3 2017 by nearly 1 percent, bucking the global trend and sitting 2 percent below the global average. Even with lower perceptions of the jobs available to them, job-seeking activity has increased by 6 percent year-over-year.
Even with this uptick in job seeking, almost 20 percent of employees reported a high willingness to go above and beyond at work – 3.5 percent higher than the global average. Likewise, 41.6 percent of employees’ are highly committed to staying in their current job, which is 5 percent higher than the global average.
While employers may appear to have it made, many organisations in Australia are undergoing restructuring and/or changes in leadership. In fact, Australian employees are nearly 15 percent more likely to have experienced changes in senior leadership and 8 percent more likely to have been part of an organisational restructure in the past 12 months than any other country in the world.
To ensure they retain their best talent in the midst of accelerating change, leading organisations are utilizing an Open Source approach to change management that focuses on inclusivity and open communication. Not only does this vastly improve the likelihood of change success, but it helps employers retain their top talent.