Executive Update

Executive Update eNewsletter

The fortnightly newsletter for thought leaders 3rd June 2011

In this issue

A ‘perfect storm’ is brewing on the recruitment front as the balance of power shifts from employers to candidates… there is good news for young educated job seekers with pick up in demand from employers for graduates… the soaring exchange rate is causing consternation for some manufacturing exporters but it hasn’t stopped others from continuing to star on the international stage.
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Be prepared for recruitment turbulence ahead

Rising staff levels, more candidate confidence and widening gap between candidate and employer salary expectations are three pressure points that look likely to combine to create ‘perfect storm’ of high demand but short supply in New Zealand’s recruitment market in the year ahead, according to the 2011 Hays Salary Guide released this week.
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Demand for graduates increasing

Further encouraging signs that our job market is picking up – particularly for those looking for their first job – come from statistics which show employer demand for university graduates is growing significantly.
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Exporters’ high exchange rate hurdle

New Zealand’s terms of trade are the best they’ve been for 37 years we are told – mostly driven by soaring prices for commodity exports. However, an obstinately high exchange rate is an increasingly challenging headwind for our manufacturers, particularly those exporting something other than dairy and meat products. Executive Update’s economics correspondent Bob Edlin investigates.
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The manufacturers that are making it globally

Despite the challenges that New Zealand manufacturing exporters face, number have had good recession and have hurdled the high exchange rates to post impressive growth in offshore markets.
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Air New Zealand’s corporate governance flight plan

Responsible governance is not listed as strategic priority at Air New Zealand, but weaving it into the company’s organisational culture is.
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