A Mid-Year Market Update

The last six months have flown by, and we are now well and truly into the second half of 2023. 

Over the year we’ve seen the recruitment world change pace, shifting from a very candidate-tight market at the end of 2022 to the current environment where there are an increasing number of job seekers exploring their options. There’s also been a lot of resignations as post-covid travel picks up and employees make their move to the UK or head off for the European summer. 

Interestingly, despite the recent announcement of a recession here in New Zealand, we’re still seeing lots of opportunities being listed and an overwhelming feeling of optimism in the industry - which is a really positive sign that the fashion retail market remains strong. We are also finding that there is a real shift back to base; work-from-home is less of a focus as more Head Office teams are valuing the collaboration and camaraderie of working alongside each other. The crazy salary increases that we were seeing last year seem to have plateaued, and instead companies are offering impressive wellbeing benefits like annual mental health days, additional annual leave, professional development opportunities and flexible working hours. It’s great to see both employers and employees recognising the importance of work/life balance.

Here’s to the second half of 2023- we look forward to seeing what it has in store!