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As of February 2025, New Zealand’s job market is experiencing notable shifts. The unemployment rate has risen to 5.1%, the highest since 2020, leading to an increase in job seekers (source: The New Zealand Herald). However, this doesn’t necessarily simplify the task of securing top executive talent. In fact, the competition for high-calibre leaders remains intense.
Here are some strategies to effectively attract and secure executive talent in the current New Zealand landscape:
1. Broaden Your Search Beyond Active Candidates
While the pool of active job seekers has grown, many ideal candidates are still employed and not actively seeking new roles. Engaging with these passive candidates through targeted outreach and networking can uncover opportunities that aren’t visible through traditional job advertisements.
2. Articulate Your Organisation’s Unique Value
In a market where top executives have multiple options, it’s crucial to clearly communicate what sets your organisation apart. This includes your company’s vision, culture, opportunities for growth, and any unique benefits you offer. A compelling employer brand can make a significant difference in attracting top talent.
3. Streamline Your Hiring Process
With increased competition, a lengthy hiring process can result in losing desirable candidates to more agile organisations. Ensuring a swift and efficient recruitment process demonstrates respect for the candidate’s time and can enhance your organisation’s appeal.
4. Develop a Proactive Talent Pipeline
Rather than reacting to vacancies as they arise, proactively building relationships with potential candidates can position your organisation to fill key roles more effectively. This approach involves ongoing engagement with industry leaders and potential future hires.
5. Consider Specialist Executive Search Support
Given the current complexities of the New Zealand job market, partnering with an executive search specialist can provide access to networks and insights that may not be available internally. These specialists can assist in identifying and attracting top-tier talent, ensuring your organisation remains competitive.
At Brannigans, we understand the unique challenges of the New Zealand job market and offer tailored executive search services to help you navigate this evolving landscape. If you’re seeking to secure exceptional leaders for your organisation, we’re here to assist.
Get in touch to learn more about how we can support your executive recruitment needs.
Contact Odette Shearer – Brannigans Talent Partner.
