Companies Adjust Hiring Strategies as Applications Rise

 

 

Recent data from Sidekicker reveals a shift in hiring strategies among companies, as they reduce their reliance on casual workers. In June, the number of shifts decreased by 17% month-on-month and 9% year-on-year.

 

Victoria and Western Australia (WA) saw the most significant year-on-year declines, with decreases of 40% and 47%, respectively.

 

Nevertheless, there is a notable increase in the number of applications per shift, with Queensland experiencing a 76% uptick and WA showing a 50% increase. Factors such as the resolution of COVID-related absenteeism and the easing of labor shortages have contributed to this shift in dynamics.

 

Sidekicker CEO Thomas Amos predicts, "We anticipate a continued year-on-year decline in shifts per customer until October 2023. Industries such as hospitality, events, and aged care, which grappled with severe labor shortages in mid-2022, are now witnessing the most significant easing in demand."

 

In the context of these sectors, there was a 44% decline in shifts per customer for hospitality and a 38% decline for aged care compared to the previous year.

 

As the job market continues to evolve, companies are adjusting their hiring practices in response to changing dynamics and emerging trends.