Jobs market may have bottomed
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The jobs market for accounting and auditing professionals may have bottomed giving rise to an upturn before Christmas, according to the Clarius Skills Index for the June quarter.
The June quarter index, released today, revealed that the rate of job losses among accounting and auditing professionals had slowed significantly.
Commenting on the index, the executive general manager for specialist accounting and auditing recruitment firm Lloyd Morgan, Kym Quick, said with most organisations now having downsized their teams as much as practical, she suspected the industry was close to the bottom in terms of job losses.
Quick said one of the challenges of the current employment landscape was that people with highly sought after skills were reluctant to move out of secure jobs until more positive market conditions emerged.
However, she said companies were starting to contemplate future growth and opportunities and consideration was being given as to how to secure the right people at the right time for future needs.
Quick said there had been some downward pressure in relation to salary expectations, with base salary expectations now 10 per cent to 12 per cent lower than this time last year.
AUTHOR
Mike Taylor
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