Hiring expectations in South Africa for 2017
We expect market conditions in South Africa to remain similar to those experienced during 2016, with most businesses adopting a cautious approach to hiring. Most will keep their headcount lean, only replacing critical skills and functions. Organisations will also be alert to the potential for absorbing new responsibilities into existing employees’ roles as they aim to diversify employee skill sets.
However, we do expect to see increased hiring confidence in key areas, with specialist banking, legal and IT professionals in highest demand in 2017. Companies will continue to face challenges related to employment equity (EE), which places certain restrictions on which candidates businesses can target.
Despite reduced demand for skills overall, hiring managers will still be looking for professionals with two to five years’ experience, and at the more senior seven to ten years’ level in 2017. Many employers will struggle to find these professionals as a result of ongoing skills shortages and low jobseeker confidence. In order to secure their ideal candidates, hiring managers are advised to streamline their recruitment process. Companies should also ensure they offer clearly defined career paths and opportunities to satisfy the needs of employees seeking both reassurance and variety.
We expect salaries in 2017 to be similar to 2016 with average increases of 10-15% for professionals moving into new roles across most sectors.