Engineering Recruitment – Market Commentary – January 2024
The end of 2023 capped off an interesting year for us in both permanent and contract recruitment. Whilst our job boards remain volatile, we remain optimistic about the demand for engineering, manufacturing & technology professionals and we’re continuing to invest in our own internal processes and people as a result.
The data below reflects that salaries are generally rising slightly (2%) across the last 3 months which is in line with what we are experiencing. Often our clients are specifying roles at a level but due to the market conditions the accepted salary level is often higher. At the same time, candidates do need to be careful as the second chart reflects the reduction in quantities of opportunities (as compared to the same period last year).
Through the year it progressively became more challenging to fill our clients’ vacant positions in this talent-short market and hence if you are currently between roles, dissatisfied with your present position, considering relocating or perhaps just wishing to further develop your career pathway, please don’t hesitate to make contact with us, and our team of engineering experts will be delighted to navigate you through the recruitment process. It can be daunting to make the initial steps towards a fresh start, so if you are hesitant or uncertain as to the next part in the journey, please do not stress – we are here to help you.
Clients also recognise that the market is currently challenging and many are offering positions with creative packages, not just with appealing salary levels but offering flexibility combined with ever-developing strong cultures in their work places in order to improve their attractiveness and their attrition rates. Many of our clients are also offering lucrative learning and development programs or well-structured training platforms within their organisations. So please don’t fall into the trap of just chasing a potential inflated salary, rather look for companies that have a sustainable business model, have a diverse workforce and have a culture rich in respect for people and the environment and hence is a possible new home where you can actively further develop your own career.
Please engage with us in order to assist you in identifying a great opportunity and we will help you to position your application in the most advantageous way. Indeed, some of our roles are not even advertised so if you don’t see a current opportunity that appeals, please do still reach out to us and we will do our utmost to support and help. There is even an opportunity to earn a reward if you introduce us to like-minded engineers within your own networks that lead to a successful placement. Ask us for more details.
To find out more about our Engineering Recruitment Services, you can click here
Please review our open jobs on https://www.australiawide.com.au/jobs/.
Alternatively check us on our LinkedIn site https://www.linkedin.com/company/137675/admin/
Hope you enjoy our latest market commentary and stats, and we very much look forward to hearing from you.
