28 WAIKATO BUSINESS NEWS, MAY/JUNE <strong>2023</strong> 9 in 10 workplace decision makers read print media Book your spot in our next publication info@dpmedia.co.nz *Source: Neilsen Australia Consumer and Media View. Survey 3 2016 National 12 month. Print readers have read any magazine in the past month OR any newspaper in the past 7 days OR any catalogue in the past 7 days Publishers of <strong>Waikato</strong> <strong>Business</strong> <strong>News</strong>, <strong>Waikato</strong> Agri<strong>Business</strong> <strong>News</strong> and Showcase Magazine
The top 5 reasons employees are quitting in <strong>2023</strong> According to people2people Recruitment’s <strong>2023</strong> Annual Salary and Employment Report, when asked why employees recently quit or are considering quitting, 46% indicated it was due to a lack of career opportunities, up a staggering 29% from 2022. This was followed by low pay (35%), management (28%), nonsupportive culture (27%), and stressful working conditions (26%). WAIKATO BUSINESS NEWS, MAY/JUNE <strong>2023</strong> HR, MANAGEMENT & RECRUITMENT 29 people2people Recruitment’s group managing director Mark Smith says 2022 wasn’t without its roadblocks. ”Given the uncertain business landscape in <strong>2023</strong>, an unyielding focus on talent attraction and retention will be essential to ensure organisations continue to perform in the current market and remain in a strong position to navigate high market volatility.” Based on people2people’s report and Microsoft Work Trend research ‘Hybrid Work is just work’, key findings employers need to take into consideration this year include: • Diversity, Equity and Inclusion, as well as mental health, have increased in importance by 30% in the last three years. • Employees would be seven times less likely to look for a new job if there is clarity on their work priorities. • 66% would stay longer if it was easier to change jobs Reaching back to reach forward Asset Recruitment’s new scholarship aims to support excellence where it’s needed most. internally. This rises to 77% have significantly changed for decision-makers. over the past 12 months and • 76% of Gen Z and Millennials are still evolving due to the aspire to pursue side ever-changing market condi- hustles in the future. tions,” Mark says. “Providing the flexibility for employees to pursue their Top five areas where side projects is a positive way employers can improve to increase work satisfaction, their retention strategies engagement and increase include: talent retention in <strong>2023</strong> for the younger demographic. 1. Offering flexible work Employees’ needs and wants arrangements (71% - top WAIKATO BUSINESS NEWS, MAY/JUNE <strong>2023</strong> factor in the last two years) 2. Increased base pay (59% - up 31% in 2022) 3. Increased variable pay (56% - up 39% in 2022) 4. Additional training and development (42% - up 10% in 2022) “Interestingly, review of employer value proposition decreased significantly, while the desire for regular wellbeing employee surveys and increased annual leave was on par,” Mark says. people2people Recruitment’s annual salary and employment report has been built on the insights of over 1,050 employers over the past four years. These employers, from a wide range of industries, represent more than 1,000,000 employees across Australia, New Zealand and the United Kingdom. Raised in a home filled with mental disorders and family violence, where finances were scarce and homelessness was a reality, meant tertiary education was never a future Elisha considered pursuing. The Fairfield College student of Māori (Maniapoto) and Pasifika (Samoan) descent experienced years of neglect behind closed doors, where he was privy to bouts of depression and social anxiety. In 2019, Elisha lived with the fear of homeless after an eviction notice was taped to the front door of the rental property he lived in with his mother due to unpaid rent. Turning his life around Placed in the guardianship of his older sister proved to be a turning point for Elisha, not just mentally but educationally. From failing all subjects at school, where he had a 15% attendance record to receiving merits and excellences in NCEA and an attendance record of above 90%, Elisha went on to receive academic honours endorsed with merit for NCEA Level 1, 2 and 3. In 2022 during his final year at Fairfield College, Elisha received the Award for “Top Year 13 Māori Student”. Today, Elisha can be found in the corridors of the University of <strong>Waikato</strong>’s engineering department where he’s studying towards a Bachelor of Engineering with Honours in Mechatronics. And Asset Recruitment feels privileged to be supporting him on his journey. Industry initiative Elisha is the inaugural recipient of the Tae Whakamura – Reach Forward Scholarship, an initiative established by Asset Recruitment in collaboration with some of the recruitment company’s key clients to enable students of Māori and Pasifika descent to aspire and partake in tertiary education. Pearl Parsons, Asset Recruitment’s Industrial Recruitment Consultant, says the organisation identified the under-representation of Māori and Pasifika students in tertiary education and saw an opportunity to provide mentoring and financial support by way of a scholarship and internships. “The Tae Whakamura Scholarship gives students, like Elisha, financial support to study at either <strong>Waikato</strong> University or Wintec – Te Pukenga, as well as work experience in their field of study. This combination of financial support and real-world learning will enable students to develop the skills, tools, and resources to succeed in their future professional careers.” Supporting excellence For Elisha, the Scholarship has enabled him to stay at the Halls of Residence on the university campus, lessening the financial burden on his family and providing him with an opportunity to establish a career in automation and robotics, a facet of engineering he has a real passion for. Says Pearl: “This annual scholarship of up to $10,000 is a commitment by the team here at Asset Recruitment, and our industry partners, to continue to position and foster excellence in <strong>Waikato</strong>. Elisha is an example of how excellence can succeed.” For more than 30 years, we’ve been aligning great For more candidates than 30 with years, great we’ve opportunities, been aligningand ‘positioning great candidates excellence’ with great throughout opportunities, <strong>Waikato</strong>. and ‘positioning excellence’ throughout <strong>Waikato</strong>. We strive for excellence and quality in all we do. As part of our We commitment strive for excellence to excellence, and quality we’re in focussed all we do. on As part finding of the our right commitment fit for both to job-seeker excellence, and we’re employer. focussed on finding the right fit for both job-seeker and employer. So, if you’re currently looking to hire or would like to So, if you’re currently looking to hire or would like to discuss your career opportunities, get in touch with our discuss your career opportunities, get in touch with our team. team. Temporary| Permanent|Executive|Industrial 07 07 839 839 3685 | | www.assetrec.co.nz Supporters Supporters of of the the <strong>Waikato</strong> Breast Cancer Research Trust Trust
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