Sourced Quarterly Market Update - Winter 2017
7 Jul 17 by Michelle Bishop
Goodbye Shortest Day!
We hope you're keeping well and warm as we finally get past the hump of the shortest day. With the coldest days really creeping us on us we've all been spending a lot more time indoors, and making the most of the sun when it chooses to show itself! Right in the middle of a really hectic period internally, we've been working on a range of junior - senior, permanent and contract positions across Christchurch and Auckland, with no pause in sight. It's a busy time, and we look forward to filling you in on why!
In this quarter update, we look at how the second quarter of the year has shaped up, and what we might expect to see in the coming months.
The year continues at a cracker pace, with permanent roles continuing to being released and contract opportunities picking up with equal pace. There is definitely a sense of urgency about to get new teams established and running, seats filled to meet project demands, and market optimism on the whole remains positive. From a retention perspective, it's still a very positive picture for employers, with valued team members broadly choosing not to look at the market and sourcing coming via a range of expat, new migrant, relocation and returning to work talent pools.
There is definitely a sense of urgency about to get new teams established and running, seats filled to meet project demands, and market optimism on the whole is very positive.
From a permanent perspective, demand is broad and from junior through to senior/specialist, and from a contract perspective, planning and ramp up of projects is well and truly underway, with a firm ongoing demand for Business Analysts and Project Managers being at the fore.
As mentioned above, we are continuing to draw heavily on international and expat candidate markets, with active movement within the Canterbury region down. This has been a full year to date trend, and given we're already mid year, we do expect this sentiment to continue with recruitment activities predominantly aimed at building new teams, new capability and delivery projects as opposed to recruiting due to attrition.
From Auckland's Perspective
In the year since we opened our Auckland office, the business continues to grow. We have been fortunate in establishing some solid partnerships with key clients as we work with them to manage their talent planning and pipelines, both in New Zealand and offshore.
With the overall technology market growth in Auckland - largely driven by organisations undergoing continuous digital transformation - we are seeing more businesses evolving to cloud-based platforms. In turn, this creates a higher demand for cloud specialists, big data specialists and analysts as organisations underpin their decision-making with measurable data.
Talent in demand continues to be at the senior level. With the demand/supply imbalance, good intermediate level candidates with attitude and an aptitude for knowledge and learning are often stepping up into these roles. Where niche skill sets are hard to come by, we rely on our border talent search to be able to keep up with the growth of Auckland.
Job-seeker trends - A growing number of job seekers are rating workplace flexibility ahead of remuneration.
Employer trends - Aside from the technical skill-sets, employers rate adaptability, cultural/team fit, business acumen and communication skills. Organisations which offer L&D opportunities are winning on the acquisition and retention front.
Junior Java Developer
We are seeking an enthusiastic, technically minded Java Developer to join our unique Christchurch-based client are the bright sparks behind the development of one of Europe's leading online advertising marketplaces. You'll be working at the cutting edge of Agile Development with a large team of highly skilled professionals, renowned for their fantastic culture and commitment to evolving software development methodologies. is the place to be to develop your enterprise Java skills.
This is a chance to join high profile organisation in the manufacturing industry based on the outskirts of Christchurch. In this role you'll be focused on a varied range of projects, juggling multiple projects at any given time and working with a talented and highly regarded project team. You'll be taking ownership of a number of projects to ensure they are delivered to the highest standard, whilst using your initiative to add value in this rapidly expanding environment. Opportunities on this scale are rare in the Canterbury market and we don't expect the position will be available long!
We are seeking a Senior Android Developer to take on this contract role, working on greenfields development projects within a collaborative, high performing R&D team. Our client has a proud history of innovation and thought leadership, and are not afraid to use bleeding edge technologies to deliver innovative product solutions. In this role you'll have a genuine opportunity to influence the development of products and services, and contribute to new and exciting product offerings.
Within Sourced Walls
It's been a steady as she goes quarter within the Sourced office. We have been really thrilled to see our Auckland team continue to go from strength to strength, with a full team now actively engaged in the northern market. We recently all got together as a full team in Auckland, the first time we've stood proud as a 'national team', so quite a moment! We should probably mention this was as a result of being announced for the 3rd year running as Finalists in the RCSA NZ Recruitment Awards, for the Client Service award. While we weren't able to repeat last year's win, it was fantastic none the less to be recognised once again for all the work that goes on during the year.
Who's in Demand
Coming out of a very quiet patch, Infrastructure roles have been on the rise with the focus lying in the mid-experienced Windows Sys Engineering areas
On the contracting side, this has been heavily geared towards Business Analysis and Project Management as new projects gain traction and move through planning and approval processes into delivery. We are seeing a number of projects gaining momentum which will look to carry the contracting market through to at least the fourth quarter, and which may see a movement of permanent employees towards contract and fixed term roles.
General Round Up
Overall, we are experiencing a busier than usual year in general, having worked at a consistent pace since January, and with no signs of a slow down. Growth is happening across the sector, retention levels are high, and as a result we are continuing to grow the market with new talent. Contractors and permanent staff members are in demand, and this is for a mix of BAU and large projects. Business confidence remains high, while salary levels remain static.
We look forward to keeping you abreast with how the year evolves!
Did You Know
We've seen a strong rise in the number of people looking to stay in their roles indefinitely (from 30% in September to 37%). This ties into the previous point that the IT market is growing, with new work coming in and making it more attractive for people to stay in their roles long-term. This coincides with less people being dissatisfied with their salary (down to 31% from 42%).
The IT market is growing, with new work coming in and making it more attractive for people to stay in their roles long-term.
In Case You Missed It
Over the last quarter, we’ve written several blogs. You can find them below:
Is there an HR process that is more despised than the annual performance review? With technology allowing managers to gather real-time feedback, granular appraisals look like a no-brainer. Here’s why we think it’s not that easy.
Does your CV synergise with social media to create a unique experience that highlights why you’re the perfect candidate for the role? Don’t miss a trick, find out how you can bring your CV into the digital era here.
With a shortage of IT talent, it can be tempting to fall victim to the candidate who appears too good to be true at interview. But should you be wary of someone who performs too well during the interview? We take a look at the things you need to pay attention to, as well as the red herrings, here.