Latest news with #SEEK
AU Financial Review
2 days ago
- Business
- AU Financial Review
SEEK is transforming employment markets through ethical AI
For many Australians, looking for a job isn't just a challenge – it's a grind. Endless applications, little feedback and vague criteria combine to make the experience needlessly stressful. In today's high-pressure labour market, where time and clarity are in short supply, it's no wonder artificial intelligence is reshaping the recruitment landscape. SEEK, one of Asia Pacific's largest employment marketplaces, uses AI to make job hunting and hiring simpler and more effective. SEEK has been named a finalist in the Financial Review AI Awards in the Ethics and responsibility category for its Responsible AI Framework.
Yahoo
28-05-2025
- Business
- Yahoo
Most in-demand Aussie jobs paying up to $125,000: ‘Short supply'
Australia's biggest "job gaps" have been revealed, and they could present a lucrative opportunity for workers who act now and acquire the in-demand qualifications. A competitive employment market sees many Aussie job seekers looking for ways to future-proof their careers. SEEK senior economist Blair Chapman has identified five qualifications that will be in hot demand. He said these are based on current labour market demand, along with forward-looking modelling over the next five to 10 years. From trades to cybersecurity, mental health to aged care, here are the top five qualifications that Chapman thinks are likely to offer longer-term growth and job opportunities, along with the types of salaries on offer. RELATED Most in-demand tradie jobs paying nearly $3,200 per week amid crisis: 'Shining a light' $1,831 Centrelink payment change coming within weeks: 'You'll get more' ATO warning ahead of $1,288 cost-of-living cash boost: 'Shooting yourself in the foot' Demand for qualifications in generation, distribution and installation of electricity is expected to boom as electricity becomes more important in the renewable transition. 'A Certificate III in Electrotechnology Electrician is an extremely useful qualification, with electricians likely to be in short supply,' Chapman said. Chapman said the certificate offered hands-on training in installing and maintaining electrical systems and could offer a pathway to stable, well-paid roles in the energy and construction sectors. Electricians can earn between $90,000 and $110,000 on average, according to SEEK. Mental wellbeing is a major health concern for Australians, with nearly half of the population either directly or indirectly experiencing the impact of mental illness. A Bachelor of Psychology opens up jobs in counselling, youth work, or further study toward clinical or organisational psychology. Meanwhile, qualifications like a Diploma in Mental Health can lead to work in healthcare, education and community services. 'This will be a valuable qualification in the future, as demand for mental health services continues to grow,' Chapman said. Counsellors can earn between $90,000 and $105,000 on average, while psychologists can earn between $100,000 and $110,000. High-profile data breaches, including those targeting the health insurance and superannuation industries, have brought the importance of cybersecurity into the spotlight. 'A degree in cybersecurity is likely to be a valuable degree to have going forward, with businesses needing to secure their systems and data against potential breaches,' Chapman said. The degree could lead to jobs in Cybersecurity Analysis, IT security, and Information Systems. Cybersecurity Analysts can earn between $105,000 and $125,000 on average, according to SEEK. Australia's ageing population means jobs in the aged and disability sector will also be in hot demand. 'As the cohort of older Australians becomes larger, and individuals become increasingly health conscious, the need for more people with healthcare and broader care skills is only going to grow,' Chapman said. These qualifications can provide a 'direct path' to the care sector, including hospitals and home support, with Chapman noting the field also offers long-term job security and purpose-driven work. Registered nurses can earn between $85,000 and $95,000 on average, while aged care workers can earn between $60,000 and $65,000 on average. The trade shortage means skills in carpentry and plumbing will also be in high demand. 'There's strong long-term demand for skilled tradespeople to build the homes we need, making this a smart, future-proof choice,' Chapman said. Carpenters can earn between $75,000 and $90,000 on average, while plumbers can make between $80,000 and $100, while retrieving data Sign in to access your portfolio Error while retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Most in-demand tradie jobs paying nearly $3,200 per week amid crisis: 'Shining a light'
The most in-demand trades in Australia have been revealed, and concerns are being raised about what will happen if these roles aren't filled. The building and construction industries are facing a trade shortage due to a variety of factors, with electricians, labourers, and mechanics topping the list. NextMinute dug in official labour market data and SEEK job listings and found some roles are paying more than $3,100 per week. NextMinute's CEO, Alex Jenks, said this trade shortage is having devastating impacts. "They're slowing down projects, driving up costs, and putting pressure on business owners," he said. Tradie crisis exposed by $32 per hour job advert 'with no skills' required Major bank warning after ANZ customer left 'dumfounded' by cash issue Inheritance warning as 'disgruntled' Aussies left out of wills in growing trend: 'Inevitable' "By shining a light on the most in-demand trades, we hope to help employers plan better, and highlight where support or skilled migration is needed most.' NextMinute revealed there are nearly 22,000 current listings on SEEK for building and plumbing labourers. Similarly with electricians, there are more than 16,700 job ads at the moment, followed by close to 9,750 motoring mechanic roles. Plumbing and carpentry are also in hot demand as the twin industries try to keep up with the government's ambitious aim of building 1.2 million homes by and Plumbing Labourers: 21,994 job ads on SEEK with a median weekly wage of $1,634 Electricians: 16,725 jobs and $2,204 median weekly wage Carpenters: 7,737 jobs and $1,787 median weekly wage Plumber: 5,644 jobs and $2,000 median weekly wage Handypersons: 3,245 jobs and $1,307 median weekly wage Structural Steel and Welding Trades Workers: 2,706 jobs and $1,755 weekly wage Cabinetmakers: 1,099 jobs and $1,216 median weekly wage Structural Steel Construction Workers: 1,008 jobs and $3,120 median weekly wage The data also included the likes of plasterers, airconditioning and refrigeration mechanics, bricklayers and stonemasons, wall and floor tilers, fencers, and concreters, however they all had fewer than 1,000 active jobs. Those roles had median salaries ranging from $1,405 to $2,019 per week. NextMinute compared the SEEK data to figures from the government and found a startling disparity. The government's numbers were far lower compared to SEEK, with official labour market data showing there are only 713 job vacancies for labourers. "The discrepancy arises because job ads often represent multiple open roles, re-listed positions, or ongoing hiring efforts, meaning official vacancy numbers may underrepresent the true hiring pressure on trade businesses," NextMinute said. With tens of thousands of jobs needing to be filled locally, there is plenty of appetite from overseas workers. The UK tops the list with more than 2,700 monthly searches for Aussie tradie jobs, followed by 860 from India, 690 from New Zealand, 530 from South Africa, and 460 from the US. Brits were most interested in roles like labouring, electricians, carpenters and plumbers, while people in India were more concentrated to handyperson jobs. 'Interestingly, the countries showing the most interest don't always align with the trades in greatest need," Jenks said. "For example, air conditioning and refrigeration mechanics have over 500 official vacancies, but little international search activity, pointing to blind spots in global awareness of Australia's workforce needs'.Error while retrieving data Sign in to access your portfolio Error while retrieving data
Forbes
22-05-2025
- Business
- Forbes
Why Psychological Contracts With Employees Are Key To Profits
In uncertain times, employees look for consistency, clarity, and follow-through—meeting these expectations can protect trust and performance, reducing costly turnover and inefficiency. BONN, GERMANY - JULY 04: In this photo illustration a man is stressed by work. (Photo Illustration ... More by) It should come as no surprise that trust in business leaders is crumbling. According to the Edelman Trust Barometer 2025 report, there was an unprecedented global decline in trust between employees and their employers over the past five years, with roughly 25% of Americans distrusting their bosses. There is an overwhelming sense of dissatisfaction amongst workers (especially younger workers) whose expectations of what it means to have a career are not being met. The Australian employment marketplace SEEK found in 2024 that only 50% of Gen Z workers are 'happy' at work, compared to 61% of baby boomer respondents. While the tangible costs of poor legal contract management—such as unexpected renewals and unnecessary expenses—are well-known, the costs of poor psychological contract management are often overlooked. Unmet expectations about roles and experiences lead to a loss of trust, bringing increased attrition, decreased productivity, and ultimately, a negative impact on the company's bottom line. Understanding and managing your organization's psychological contracts is crucial for maintaining a high-trust environment and ensuring long-term success. Psychological Contracts: Your Employees' Expectations Psychological contracts are the expectations employees have about working in your organization. These contracts are formed from recruitment through offboarding and cover aspects like salary, job responsibilities, working conditions, training, time off, and company culture. When these expectations are not met, workers feel a deep sense of having been wronged. Companies that suddenly change their policies around return-to-office, for example, lead their workers to feel a sense of betrayal and transgression. RTO anger is not just about where employees do their work: it's about the agreements workers thought they had with their employers that are now being unilaterally changed. Each employee's psychological contract can be unique, influenced by their interactions and experiences throughout their working time. While some expectations are explicit, many are implicit. For example, Edelman's research shows that over 85% of employees believe their employers should provide good-paying jobs and upskilling opportunities—regardless of whether these were explicitly promised. The Costs of Poor Psychological Contract Management Failing to meet employee expectations (even unwritten ones) erodes trust and impacts organizational performance: How Managers Can Improve Psychological Contracts Managing psychological contracts is a leadership responsibility, not an HR issue. The more you leave unsaid, the more assumptions employees will make, leading to distrust and attrition. Here are five things to keep in mind when managing psychological contracts: Managing psychological contracts is essential for a productive (and profitable) work environment. When employees feel happy and secure, they treat customers well, boosting satisfaction and positively impacting the bottom line. When security isn't possible, transparency is key. By being open about company strategies and challenges, you empower employees to make informed decisions, maintaining their trust and respect even in uncertain times. Ultimately, effective management of psychological contracts is crucial for sustaining a high-trust, high-performance organization.
Yahoo
20-05-2025
- Business
- Yahoo
SEEK Limited's (ASX:SEK) top owners are individual investors with 54% stake, while 42% is held by institutions
Significant control over SEEK by individual investors implies that the general public has more power to influence management and governance-related decisions 43% of the business is held by the top 25 shareholders Insiders have been selling lately Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A look at the shareholders of SEEK Limited (ASX:SEK) can tell us which group is most powerful. We can see that individual investors own the lion's share in the company with 54% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Institutions, on the other hand, account for 42% of the company's stockholders. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Let's delve deeper into each type of owner of SEEK, beginning with the chart below. Check out our latest analysis for SEEK Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. SEEK already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see SEEK's historic earnings and revenue below, but keep in mind there's always more to the story. We note that hedge funds don't have a meaningful investment in SEEK. Fidelity International Ltd is currently the largest shareholder, with 7.9% of shares outstanding. State Street Global Advisors, Inc. is the second largest shareholder owning 7.7% of common stock, and The Vanguard Group, Inc. holds about 5.0% of the company stock. A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Shareholders would probably be interested to learn that insiders own shares in SEEK Limited. It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. In this case, they own around AU$330m worth of shares (at current prices). It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently. The general public -- including retail investors -- own 54% of SEEK. This level of ownership gives investors from the wider public some power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio. It's always worth thinking about the different groups who own shares in a company. But to understand SEEK better, we need to consider many other factors. For example, we've discovered 3 warning signs for SEEK that you should be aware of before investing here. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
