Carmichael Fisher: News and Views |
NEWS |
Tokyo Carmichael Fisher has recently opened in Tokyo. As with all our locations the business is managed by consultants who have worked and lived in the region for many years. This further enhances our Asian presence and complements our offices in Hong Kong and Singapore.
Middle East Carmichael Fisher Middle East commenced another onsite project with a major client in Abu Dhabi. Our team will be based onsite and will assist our client in building a recruitment department, managing external agencies for the volume positions and work closely with our Executive Search team to deliver a number of retained searches.
Melbourne Since May we have seen a marked increase in recruitment activity and the signs for the second half of the year are the market is bottoming out. In particular we are seeing increased activity in industries such as banking and finance and construction/property which are usually the first to be affected, but also to recover. High calibre staff currently employed are risk averse for fear of being, “last, in first out”. As a result of the misconceived perception that it is now an employers' market (studies recently released show that Australia is still one of the most skills short countries globally in spite of the increased unemployment rates) many employers do not fully appreciate the damage they are doing to their brands by mismanaging candidates, often not acknowledging receipt of their applications, or failing to follow up for lengthy periods. As a result many candidates are now ignoring internet adverts and specifically targeting executive recruitment firms to professionally represent them and maximise their chances of overcoming the first hurdle in the recruitment process.
Consistent with our presence in other offices, we are establishing an HR practice in Singapore with the appointment of Tom Browne. Tom comes to us with over six years experience recruiting senior HR professionals in both Europe and Asia, specifically Singapore). We have also observed that, contrary to press reports, there is considerable movement by bankers between financial institutions. Those who had lost their jobs in the current recession found new positions within a relatively short period. This, then, is the state of the real market versus the reported market and it has ramifications. The majority of candidates, for example, are cautious and will only move if they can see a positive story, market competitive package and a clean process. We are seeing more candidates who are open to change which is a reflection of a less pessimistic market. |