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    IT/HR news

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    IT/HR news

    Naturally, part of our job is a wider understanding of the business environment that we all operate in. What's new in people management? The latest technology trends?

    Please see below for some news that has caught our eyes this month. Do let us know if it was helpful! And by all means, please send us any news you believe is going to change the way things are done.

    25.01.2012

    Global banking reform needed to restart jobs growth: ILO

    ShortList

    Governments and taxpayers might be wasting their money in supporting the global banking sector, which is still lending at low levels and failing to support much-needed job creation, says the International Labour Organisation. In its annual report on international labour trends, the ILO laid much of the blame for a bleak global employment outlook on the financial sector, arguing that "substantial repair and regulation" was needed to restore its credibility and, more importantly, increase its capacity to lend. (The report echoes sentiment from the Organisation's World of Work report in November, which argued that government money channelled towards failing banks would be better spent directly on job creation schemes.)

    The ILO said some 600 million jobs needed to be added to the global economy over the next 10 years in order to stop unemployment levels from rising. However, the labour market was being hampered by the fact that businesses were increasingly struggling to access credit.

    25.01.2012

    Less jobs in softening ICT employment market

    iTWire

    The Information Technology Contract and Recruitment Association (ITCRA) has warned of a contraction in Australia’s ICT job market in the next 12 months, after a slowdown in employment towards the end of last year. According to ITCRA, a review of its SkillsMatch data for 2011 and industry data showing softening employment in a “jittery” market, found that vacancies for ICT professionals dropped 20.1 per cent last year. ITCRA CEO, Julie Mills, said “The Longhaus Australian Tech Index, which measures the health of the Australian ICT industry, decreased 2.9 per cent by 31 December 2011 – the most significant decline since the second quarter of 2009. This drop was put down to a less demanding labour market in the last three months.” Mills says that data from ITCRA’s SkillsMatch showed that in the last quarter of 2011 it took recruiters and employers in most states “much longer to find and hire candidates.”

    As reported by iTWire 25.1.12

    24.01.2012

    National OH&S harmony a long way off

    The Australian Financial Review

    Occupational health and safety laws around Australia inched closer to a standardised national system on January 1, but business owners and observers believe that standardisation in practical terms in still a long way off. NSW, Qld and ACT and the Northern Territory switched to a unified set of workplace health and safety regulations on January 1. This harmonised system is the most significant step in an ongoing process designed to relieve the regulatory headaches businesses experience operating across states, which were previously subject to differing laws.

    19.01.2012

    AiG argues for Fair Work Review to reduce restrictions on labour hire

    ShortList

    Provisions in the Fair Work Act that restrict the use of labour hire should be changed, argues leading employer organisation, the Australian Industry Group. The Fair Work Act Review Panel released a discussion paper yesterday outlining 69 questions it will consider as part of the review. The AiG said the Act had already been "found wanting" in a number of areas. In particular, workplace flexibility had decreased since its introduction, and clauses restricting the use of contractors and on-hire workers were a barrier to productivity, it said. "Employers are looking for outcomes from the Review that will support the competiveness of their businesses, increase productivity and flexibility, and reduce red tape."

    19.01.2012

    Employment declines in December

    ShortList

    Total employment was down in December, despite an increase in full-time employment, according to the latest ABS labour force data. Seasonally adjusted total employment fell 29,300 to 11.4 million in December, driven by a 53,700 drop in part-time employment, to 3.37 million. Full-time employment rose 24,500 to 8.05 million, but failed to offset the part-time drop. The seasonally adjusted unemployment rate decreased 0.1 percentage points to 5.2%, as did the participation rate, which fell 0.3pp to 65.2%.

    19.01.2012

    No action over dismissal “bias”

    The Australian Financial Review

    A perceived swing in favour of employees will be a key issue in the review of unfair dismissal laws under the Fair Work Act, according to employer lawyers. But the confidence of the workforce is crucial for economic stability and the government cannot afford to limit workers’ unfair dismissal rights any further, lawyers acting for employees said. Employment lawyers from both side of the political divide generally welcomed the government’s approach to the review of unfair dismissal laws in a background paper published yesterday, but age-old tensions remain. The paper showed unfair dismissal claims soared in the last financial year. Almost 13,000 applications were lodged compared with around 11,000 in 2009-10 although more than three quarters were settled. Employers are forced to pay their legal costs if they lose the cases but employees are not. The background paper didn’t raise the issue of income thresholds for claims. The Fair Work Act stops staff earning more than a set figure ($118,100 indexed annually), from suing for unfair dismissal.

    19.01.2012

    Technology investments pay off

    BRW Magazine

    Australian businesses have spent almost $25 billion a year on new technology over the past three financial years, a report by the Australian Industry Group and Deloitte shows. Based on a survey of 540 chief executives in the construction, services and manufacturing industries, the report stresses how investment in technology is crucial to improving productivity. Almost 80 per cent of respondents had invested in new technologies over the past three years and reported productivity gains of about 20 per cent. Investment in new technology, including computer hardware and software, robotics, security and surveillance systems, account for an average of 21 per cent of respondents’ total investments over the past three financial years. Only 30 per cent of businesses understand the impact of the faster broadband speeds the government claims will be delivered under the new national broadband network.

    18.01.2012

    Job vacancies down: ABS

    ShortList

    Job vacancies dropped by 6,000 between August and November last year, according to new ABS data. Based on its quarterly survey of some 5,000 employers, the ABS reported that on a seasonally adjusted basis there were 181,000 job vacancies in November 2011, down from 187,100 three months earlier. On a trend basis, vacancies were down in all states and territories except NSW, Queensland and Tasmania.

    05.01.2012

    Gloomy outlook for government tech

    The Australian Financial Review

    Government spending on information technology is set to take a dive in 2012 as the slowing global economy cuts budgets, according to experts. The analysis is further bad news for IT suppliers on the back of a tough 2011 that was plagued by fears of a second global financial crisis and falling tax revenues. Previous figures predicted falls in hardware and telecommunications spending while IT services and staffing was flat. The main reasons were continuing uncertainty in global markets and signs of a manufacturing slowdown in China. NSW and Victorian governments would perform marginally better than others. This was due to necessary hardware refreshes and the battle between the two states to be considered the IT capital of Australia.

    05.01.2012

    Industry, unions gang up on bully rules

    The Australian Financial Review

    Unions and business have criticised a draft code of practice on workplace bullying as impractical and too broad. The model code of practice is part of rules to be introduced under the harmonisation of national occupational health and safety laws. Under the code, bullying is defined as “repeated, unreasonable behaviour directed towards a worker or a group of workers, that creates a risk to health and safety”. The Australian Chamber of Commerce and Industry, in its submission argued the definition of bullying must include references to it being systematic.

    04.01.2012

    Business cautious on spending

    The Australian Financial Review

    Corporate spending on information technology is expected to grow marginally in 2012 but chief information officers face another tough year focused firmly on driving down costs as management teams keep a nervous eye on global economic conditions. Spending on information technology will rise by a modest 1.9 per cent to $61.9 billion this year. It had declined in the two previous years from a high of $64.3 billion in 2009. In terms of what organisations will focus their IT investments on this years, analysts pointed to mobility, disaster recovery and business intelligence as the hottest topics. Rapid growth in smart phone and tablet computers, and the number of employees that wanted to use them for work, as a challenge for IT departments.

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    Media releases

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    Media releases

    Please see below for Finite's recent media releases, as well as archives from past years. We are always delighted to hear from journalists and will gladly help with industry commentary when our opinions or expertise will add to your story.

    Finite IT makes significant gains in the Federal Government Labour Hire Market

    Specialist IT recruiter, Finite IT Recruitment Solutions, continues to make significant growth in Federal Government labour hire, up 140% year on year as reported by market research company, Intermedium. The Intermedium Annual Labour Hire Report 2010-11, just released, confirms Finite IT is now ranked third overall writing 345 contracts valued at $50,670,000 representing a 6% market share. The report confirms that a total of 6,581 Labour Hire contracts were reported in AusTender during 2010-11, with a combined value of $864.5 million. In comparison with 2009-10, there was a decrease in value of 1% and a decrease of 2% in the number of contracts.

    Last year Finite IT grew contract values by 44% and was ranked in ninth position with a 3% market share. Finite’s Managing Director, Tracy Thomson, commented “that the expanded Canberra team, combined with a successful local acquisition in 2010, has greatly assisted our significant growth in the ACT Federal Government market. We are also making steady progress winning further Federal Government business around the country, which is very encouraging.”

    19 Finite Mo Bro's raise almost $6000 for charity!

    Finite IT’s male contingent stepped forward en masse this year to grow stylish facial hair for the annual Movember fundraiser to raise awareness and money for leading men’s health charities, the Prostate Cancer Foundation of Australia and beyondblue, the national depression support group - both do exceptional work for the Australian male community.

    19 hirsute individuals representing five of Finite’s six national offices throughout Australia agreed to participate and endured all the usual names, itching and may have noticed a few extra white hairs in the process. With the generous help of colleagues, family, friends and valued suppliers, Team Finite 2011 managed to raise in excess of $5760 in donations (an average of $300 / person) setting a new internal Movember fundraising record and gaining a lot of team camaraderie in the process. Team Finite mo bro’s were last out in force in 2009 and plan to be growing hairy upper lips for good causes again in 2013.

    Australia's Top Recruiters Celebrated and Recognised

    Australia's Top Recruiters Celebrated and Recognised's logo

    The recruitment industry last night recognised its best and brightest at the SEEK Annual Recruitment Awards (SARAs) in Sydney.

    Now in its ninth year, the SARAs acknowledge the outstanding performance of recruitment agencies across Australia. These prestigious awards also give jobseekers the chance to vote for the agency they deem most successful in candidate placement and delivering the best client service.

    A record number of jobseeker votes were received this year. Finite IT were recognised in the large IT recruiter category as a Finalist.

    Finite IT wins REA Top Gong for 2nd year!

    Finite IT wins REA Top Gong for 2nd year!'s logo

    On Friday 21st October 2011, 240 recruitment industry professionals gathered at Sydney’s Luna Park to celebrate the 2011 Recruitment Excellence Awards.

    This, the fourth year of running the Awards, saw a huge increase in the number of nominations, according to organiser Thomson Reuters.

    Finite IT was delighted to win the prestigious Deloitte Recruitment Excellence Award for Best Business Management for the second consecutive year. This category recognises firms who display innovative techniques in managing their firm for successful financial results.

    Finite’s MD, Tracy Thomson, commented that “the Finite Group are very fortunate to have some excellent management talent throughout our business nationally, and are thrilled to receive this top industry recognition for two years in a row.

    Finite’s recently relaunched website, www.finite.com.au was also one of three finalists in the Best Recruitment Agency Website category

    Finite announce another year of solid growth and record group revenues

    Leading national IT recruiter, Finite, is pleased to announce another year of solid growth and record group revenues.

    · Revenues up by over 18% to $280M

    · Permanent recruitment fees continued to recover well, growing by 42%

    · IT contracting and consulting revenues grew by 24%

    Commenting on Finite’s results, managing director, Tracy Thomson, confirmed that “the IT market had been extremely buoyant nationally during the first six months of the financial year but was adversely affected by slowing demand in Sydney and Melbourne during the second half. The two speed economy seems to summarise things well with hiring in QLD, WA and to a lesser extent SA, continuing to surge on the back of the commodities boom, but with NSW and VIC definitely slowing in line with consumer sentiment. The ACT remains a bright spot with Federal Government IT spend continuing and IT executive hiring also remained buoyant throughout the year”

    Looking forward, Thomson believes “the current hiring pattern is likely to continue in the short to medium term but with some sectors being more impacted than others by further gloomy news from abroad, or if a new Federal election is called soon. The impact of the NBN Co roll-out remains a very positive prospect for the ICT industry generally.

    Candidate salary / rate expectations in NSW and VIC are only starting to re-align with a less optimistic outlook and we expect these to level off in the coming months, with the exception of some continuing high demand skill sets. Luckily, Australia’s economy remains as a stand-out performer, which obviously bodes well. It’s probably a case of let’s wait and see for now and hope for the best.“

    Finite’s ranking in the BRW Magazine Top 500 Private Company list published on 25th August 11 was 203rd, up from 227th place last year.

    Team Finite Raise Record $4500 for Charity

    Leading national recruiter, Finite IT was out in force in this year’s 41st Sydney City2Surf 14km fun run on Sunday 14th August. Seven runners braved the elements to run the picturesque route from Sydney’s CBD out through the Eastern suburbs, up the notorious “Heartbreak Hill” and then down again to Bondi. Attracting a record 85,000 entrants this year, City2Surf retained its position as the largest organised event of its type in the world.

    Finite’s General Manager, Duncan Thomson, noted that “the rain this year did put quite a few runners off, but for those that did participate, it was still a wonderful atmosphere with lots of support along the route”.

    This year Team Finite were raising funds for the Prostate Cancer Foundation of Australia, the peak national body for prostate cancer in Australia. Unfortunately, every year, around 18,700 Australian men are diagnosed and more than 3,000 die of this disease, making prostate cancer the second largest cause of male cancer deaths, after lung cancer. Collectively, the Team Finite raised a whopping $4500, comfortably beating last year’s fundraising total by $500.

    http://www.fundraise.city2surf.com.au/team_finite_0

    Finite appears in BRW's prestigious Best Places to Work list 2011 for 3rd consecutive year!

    Finite appears in BRW's prestigious Best Places to Work list 2011 for 3rd consecutive year!'s logo

    The Finite Group has ranked 47th in BRW’s prestigious Best Places to Work list 2011, a catalogue of the 50 best employers nationally, released on June 23rd.

    The BRW Best Places to Work Awards are now widely acclaimed in Australia. Based on one of the world’s most comprehensive studies of workplace culture, The Great Place to Work Institute Australia, the quality of this year’s BRW Top 50 Best Places to Work was higher than ever. It was these businesses who broke out from the rest of the pack during challenging times to retain a loyal, happy and engaged workforce.

    Finite has been fortunate in receiving this accolade for three consecutive years since the awards started in 2009. Finite is widely recognised as Australia’s leading specialist ICT recruiter, with 6 national offices, a highly professional and motivated workforce and a successful IT Professional Services subsidiary, FinXL. Finite’s clients largely comprise of large Banks and Financial Institutions, Telco’s, Corporates, Utilities, IT Vendors and Federal and State Government Departments.

    Finite’s MD, Tracy Thomson, commented “how gratifying it is to receive this recognition, particularly as so much of this award is based upon staff feedback through the trust survey completed by all employees which measures the company against five benchmarks: credibility, fairness, camaraderie, pride and respect. Having now received this accolade for three years in a row, with more of our employees involved than ever before and with more companies entering each year, it is indeed a great honour for everyone involved in helping to make the Finite Group such a great place to work”.

    Finite IT appointed to APSC executive search and recruitment services panel

    Finite IT and its specialist executive recruitment division, FinXEC IT Executive Recruitment, has been confirmed as an Executive Search and Recruitment Services Panel member to the Australian Public Service Commission (APSC), effective from 1st June for an initial 2 year period. The new Executive Search Panel will assist in sourcing talented senior executive-level officers from government and the private sector to fill positions at the Senior Executive Service (SES) levels, or equivalent. The Commission will be extending access to the panel to agencies in other levels of government. A full range of Executive Search services will be provided.

    Finite IT’s specialist Executive Recruitment division, FinXEC was established in 2006 in direct response to growing client demand for a dedicated IT executive recruitment service that recognises the specialist needs of this highly important top segment of the IT industry in Australia. Recent retained search assignments include the successful placement of several CIO’s in top Private and Government sector clients.

    Finite’s MD, Tracy Thomson, commented that ”it is always reassuring when leading Government agencies recognise the need and benefits that arise from including specialist providers to their panels rather than relying entirely on generalist agencies that may not have the in-depth industry experience across all sectors, especially IT. We are very encouraged by the growing number of Executive Search enquiries that FinXEC is receiving as its placement success and reputation grow. FinXEC has recently extended its services to both the Perth and Adelaide markets through our highly experienced Senior Consultant team.”

    Finite IT making big in-roads with Federal Government labour hire

    The Q3 (Jan-Mar 2011) Labour Hire Report compiled by Intermedium from contract data published on AusTender up to 16 May, 2011, has just been released which monitors IT contractors employed on a time and material basis with Federal Government. Interestingly, the average value of contracts was $114,000 in Q3 2010-11, up from $105,000 in Q3 2009-10. IT Labour Hire reported within the quarter has an overall contract value of $134M and consisted of 1,178 contracts.

    Finite IT was the second largest agency provider to Federal Government during this quarter with a total of 79 contracts, an overall 6% market share, representing a very significant 169% uplift from the same period in 09/10. The average value of contracts written by Finite has also climbed to $103,000, up from $100,000 during the same period last year.

    Finite’s MD, Tracy Thomson, commented that ”following Finite’s acquisition of Collective Resources in April 2010, our larger Canberra based team has had more exposure to a wider range of Federal Government clients and this is starting to show in the results, which is very encouraging."

    Media contact

    Please get in touch with Duncan Thomson on 02 8243 6868 or via email.

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    Finite in the news

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    Finite in the news

    iTWire 20.12.11 - Finite growing its government business

    ShortList 20.12.11 - Finite strong in Government IT Contracting Market

    ShortList 2.12.11 - Finite IT raises nearly $6000 for Movember

    iTWire 2.12.11 - Finite Movember efforts pay off

    iTWire 28.11.11 - In the summertime turn your CV to hot

    iTWire 3.11.11 - Govt doubles 457 visa stay to six years

    iTWire 2.11.11 - REA Win / Top gong for Finite IT for 2nd successive year

    Recruitment Extra 11.09.11 - Team Finite run for charity / Panel Q&A Response

    iTWire 29.8.11 - Steady growth path for Finite

    ShortList 26.8.11 - Perm recruitment pushes up revenue for Finite / Recruiters among BRW's top private companies

    BRW 25.8.11 - Top 500 Private Company Listing

    iTWire 19.8.11 - Finite IT launch new job search service

    iTWire 16.8.11 - Team Finite Runs for Charity

    ShortList 16.8.11 - Finite IT running to cure prostate cancer

    Recruitment Extra 11.8.11 - L Fox on the Q&A Panel

    WA Today 9.8.11 - Shortage sees computer desk jobs pay as much as mining

    Recruitment Extra 11.07.2011 - Best Place to Work / Fed Gov Contracts / APSC Panel Win

    iTWire 24.06.2011 - Hat-trick top 50 best workplace for Finite

    ShortList 23.06.2011 - Finite's BRW Best Places To Work listing

    iTWire 20.06.2011 - Finite IT wins top roles spot with Federal Government

    iTWire 01.06.2011 - Finite IT has big qtr with Federal Government

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