We update this list yearly in line with the latest recruitment trends to ensure you can navigate the market changes to remain competitive – whether you’re looking for a new job opportunity or to increase your workforce.
The factors driving demand
With borders open, increased skilled migrant quotas and streamlined New Zealand skilled migration program processes, we are seeing the shortages easing in some industries, but it will be some time yet before this is felt more broadly.
While it remains to be seen how the markets might react to the current economic volatility, the RBA is predicted to continue to increase rates over 2023 to address high inflation. A slowing of the economy in the context of continued skills shortages could prompt more people searching for new roles with higher salaries to maintain their current lifestyle or drive the opposite behaviour with workers wanting to stay put in fear of a recession.
Top 5 skills in demand
Service Desk Analyst
As data breaches and cyber hacks dominate headlines – cyber security is dominating the agenda in many boardrooms. This boom in the sector means that the skills needed have not yet caught up with the demand. Cyber Security experts are needed across the Public Sector, as well as in Finance and any industry where data protection is of immense importance. Penetration Testers are one of the key skills in specific demand as they enable the examination of IT infrastructure for any vulnerabilities.
Other skills in demand in New Zealand
Civil Project Engineers
Industrial Development Managers
Contact Centre Workers
Boilermakers, Fabricators and Welders
Ticketed Crane Operators
Advice for employers
- Your Employee Value Proposition (EVP) is one of your greatest tools in attraction and retaining the talent you need. Employee’s priorities have changed, with flexibility now the number one priority for workers in New Zealand, with compensation, security and work life balance rounding out the top five. Show up to the table with a value proposition that can be tailored to an individual’s needs and wants to gain the advantage.
- With flexible working being a big draw card, businesses should consider their spaces and their processes to ensure teams can work effectively in this new environment. Additionally, leaders need to be upskilled in managing and leading teams effectively in a flexible working environment.
- When resources are tight, consider where the best place is to direct those resources. Rather than chasing market share or new clients, now might be the time to double your focus on your most important clients or customers and ensure they are being properly serviced.
- Embed everyday learning. In a global report, upskilling was the fourth most important priority for employees. Businesses constantly need new skills, and employees are looking for career progression pathways. By offering an effective and measurable learning and development plan organisations can plan for the capabilities they need while delivering a potent retention strategy when further coupled with a transparent progression pathway. Employees who moved internally are 76 per cent more likely to stay with their current employer after two years.
Advice for employees
- What are your long-term career ambitions? While making quick moves to take advantage of higher remuneration can be tempting, consider if the move will help you achieve what you want. Before making any big moves, take a step back and reflect on your long-term goals and how this move could help or hinder your ability to achieve them.
- Improving your capabilities and what you can offer employers will help you stay on top of the CV pile. Work is changing at an increasingly rapid pace, so keep your technical skills sharp by adopting a continuous learning attitude and actively seek out skills to add to your repertoire.
- Don’t forget your soft skill development. When the market is tight, employers are accepting of the fact that they may need to do some on-the-job training if a potential employee demonstrates strength in their soft skills.
- There may be plenty of opportunity out there or you may have been attending interview after interview but try to not get complacent. Do the prep work before each interview, make sure you show up with your best foot forward and be an enthusiastic participant in the journey. Everyone, including you, values their time, don’t waste it.