Business Confidence up by 6% in 2012
For the first time since 2008 wage pressure looks to be back on the agenda with an 18% increase in wage expectation by employers.
Unfortunately, in New Zealand the news isn’t as positive. The honeymoon period following the Rugby World Cup appears to have run its course. Businesses seem to be battening down the hatches once again looking to wait for the recovery. Peculiarly, the country may also find itself in the midst of a skills shortage as the year goes on. The demand for skilled labour in the South Island, coupled with Australia’s mining boom may have a crippling effect on the labour market.
To download the latest Australian and New Zealand Quarterly Index Dashboard Reports click here.
HR Quarterly Index
The HR Quarterly Index is a national research initiative that reports on the business and human resource developments of the past quarter. The report evaluates measurements of business confidence, policy changes, market volatility and people issues, identifying the perceived impact on business performance.
The HR Quarterly Index provides HR professionals, business advisors, industry bodies, governments and business owners and managers with insights into the broader industry issues and their effects on the business sector.
The HR Coach Group is currently producing HR Quarterly Indexes for both Australia and New Zealand. In the coming year there are plans for additional market reports as the group expands.
