In our first full week of Alert Level 2, there are a few early indicators of what the new norm may look like despite the uncertain road ahead.
Though this is an enormously challenging time, it has been heartening to hear positive stories emerging. For many organisations, the new norm will include greater flexibility for employees to work from home and the continued use of technology to stay connected. Employers who have seen an increase in productivity and satisfaction among their teams during Alert Levels 4 and 3 are wanting to hold on to those gains. Not only that, but they are seeing cost and environmental benefits too.
A brief update on what has been happening over the week is below.
Market update – Accounting and Finance
We are currently working on recruiting roles across a broad range of industries including Financial Services, Media, Manufacturing, Technology, Utilities, Healthcare and FMCG.
Clients integrating technology into their recruitment process are getting great results. As an example, this week we filled a Senior Financial Controller position entirely over Zoom, with no face-to-face meeting. While recruiting remotely is not new, it is somewhat unusual to have such senior roles filled this way. For some employers, trusting that this process can deliver is a change from the traditional way of working but it need not hold your business back.
Recruiting this way also gives clients the ability to tap into one of the most engaged sectors of the market at the moment – Kiwi’s based overseas who are looking to come home. We’ve spoken on a number of occasions about Hunter Campbell’s network of Accountants in London, and our work in this area over the past 12-18 months is starting to bear fruit. We are receiving an unprecedented number of enquiries and referrals from our UK network, giving us some exceptional talent to take to market.
A reminder too, that there are a lot of candidates looking for work at the moment and while it gives employers greater choice, it can make it more difficult to find the best candidate. Search is a critical component of the recruitment process as often the best candidates may not be actively looking. Selection is even more important, as the chances of making a less than optimal appointment with so many candidates is greatly increased.
Market update – Supply Chain, Operations and Procurement
We are currently recruiting opportunities across Procurement, Inventory, Production, Operations and Planning with demand increasing from manufacturing organisations.
New roles are still slower than usual coming to market, with employees remaining split between working from home and returning to the office.
Freight movement is a key indicator of the health of the economy. Obviously movement levels were well down in March and April however it has been encouraging sign to see domestic and international freight levels slowly increasing. Though there is a level of frustration from operators in the sector around the lack of coordination of international freight and space management, particularly regarding air freight.
Currently there is no central hub to coordinate freight. In a crisis like the current one we are experiencing, can we expect to see a relevant Government body step in? It will be interesting to see ANZ Chief Economist Sharon Zollner’s Truckometer reports over the next few months.
We expect to see a continued increase in movement throughout the rest of May and June. The question will be how big is the percentage growth and will it keep tracking North?
Market update – Contracting
We have an increasing network of skilled candidates seeking contract work. For employers, this is good news as many high-calibre professionals are immediately available and can start work within a day or two after appointment.
For candidates seeking opportunities in this market, this increase means you need to be able to respond quickly to opportunities. Have your CV ready, your LinkedIn profile updated and be open-minded about the contracts you will consider. As always, we are here to offer advice if you need it.
It has been positive this week to see a number of the contractors we work with have their contracts extended, and some have been made permanent employees.
Many clients are thinking about resetting operations and at times like these an Interim CFO or Senior Finance professional can bring immediate and lasting value to your organisation, while only being employed on a temporary basis. Find out more about the benefits of Interim CFOs here.
Jobs on offer
Links to some of the roles we are recruiting at the moment are below.
Accounting and Finance
Supply Chain, Operations and Procurement
In case you missed it
Earlier this week, we spoke with experienced Accountant and contractor Matt Burgess about what he enjoys about being a contractor. You can read his story here.