Related term: Human resources

For many New Zealand managers, improving their company’s performance requires that they change the way they view and manage their human resources. Many New Zealand companies are plagued by relatively low productivity, where any growth observed is the result of more hours worked rather than increasing the efficiency of hours worked. In particular, many companies struggle to turn innovation into wealth, which undermines business growth and profitability.

Brad Stewart, Director of specialist recruitment firm Talent Capital, gives 7 great reasons for companies to use an agency during a time of record high employment. Employers and agencies are experiencing a record high in application numbers to advertised roles leaving a minefield of hidden traps for unsuspecting employers.  The dangers are damaged brands, bad press, ruined reputations and at times, extremely disgruntled candidates who can also be your customers.

Top New Zealand recruitment agencies were honoured at the seventh SEEK Annual Recruitment Awards (SARA’s). The awards are determined by the popular vote of job seekers and this year a record number of votes were counted. The 2009 SARA’s, supported by the Recruitment and Consulting Services Association, were presented at an exclusive cocktail event in Auckland where recruitment industry professionals were publicly acknowledged for their work.

A recruitment specialist is warning employers not to abandon good hiring practices, just because of the pressures of the recession. General manager of finance and accounting specialist Robert Half New Zealand, Megan Alexander, thinks more employers are cutting corners, or treating candidates with less respect because they are under pressure or believe they can get away with it. While they might get away with it in the short term, they will count the costs once the economy rebounds, she said.