Thursday 30 May 2013

Australian IT recruitment profitability falls

A recruitment industry benchmarking report in Australia and New Zealand shows a weak quarter for the industry between January and March this year with profitability across the sector plummeting 53 percent on the same quarter last year. This is according to the latest research by the IT Contract and Recruitment Association (ITCRA).

Ten percent of ITCRA members contribute data to the results, showing tough trading conditions in the information and communication technology recruitment sector. The negative trend for contributing recruitment firms has been ongoing with five of the last six quarters having seen a fall in profit.

The two key underlying measures of current market activity appear to be the number of contractor hours and the number of permanent placements. The recruitment industry benchmarking report average has fallen 9 percent and the information and communication technology sector has fallen 5 percent on last year on hours processed through the payroll.

6 comments:

  1. Further, Auto major Hero Moto Corp rallied by over 4% after
    reporting 100 bps improvement in operating margins at
    14.8% for the first quarter ended June 30, 2013.
    equity tips

    ReplyDelete
  2. The negative trend for contributing recruitment firms has been ongoing with five of the last six quarters having seen a fall in profit.

    Bandura Headhunters

    ReplyDelete
  3. Are you looking for the best Migration Agent in Brisbane to get the amazing visa consultancy for the Australian PR? Get in touch with Education Embassy which is one of the best migration consultancy brand and is highly renowned as we have helped many people to get the PR of Australia and have amazing result of client satisfaction.

    ReplyDelete
  4. Thanks for sharing the useful information related to Migration Recruitment in Australia.
    car wreckers Altona

    ReplyDelete
  5. Nice post , Thanks For sharing . Are you looking for the best Migration Agent in india to get the amazing visa consultancy for the Australian PR? then connect HS Consultants Education & Migration .

    Australia Business Visa Consultant in India

    ReplyDelete