You may be wondering if now is the time to add those additional full-time equivalent (FTE) employees you've been wanting.

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With the upcoming election, overseas tech talent becoming available availability and some uncertainty in the contractor marketplace now might be the time to push the go button to secure some great talent.

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Let us break down how each of these factors may affect your decision and why it might be wise to hire FTEs right now.

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Upcoming Election

As we approach an election year and with the uncertainty of whether the left or right will get into parliament some organisations may look to slow down on making decisions on large investments until late 2023 / early 2024, meaning the demand for contingent talent may slow.

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If there are new programs and budget allocated to your organisation, having more full-time talent available could help you capitalise on them quickly and efficiently.

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Overseas Skilled Tech Resources

For overseas skilled tech resources looking for a job in New Zealand, now may be an ideal time for them to apply for positions within your organisation.

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With the recent tech layoffs in United States, Australia and other large economies, there are plenty of skilled tech professionals from other countries who may be interested in a change and to relocate to New Zealand. Many will be looking for a secure role. 

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Perhaps now is the perfect time to consider bringing them onboard as a full-time employee. Hiring these individuals now can give your business access to talent you wouldn't have had access to locally - before they’re snapped up by other companies. 

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Contractor Marketplace

Yes, and without doubt the NZ contracting marketplace for tech talent has been super strong the past 18mths BUT we have an election in October and no doubt political parties will want to invest in certain areas, but some may pull back in other areas or pause or stop inflight initiatives

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“A public servant”

I suspect there are a number of talented tech professionals that may have a ‘view’ on life in the public sector.

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We have helped many talented tech professionals move from the private sector into the public sector who simply love it and thrive. In some instances, they get amazing training and development opportunities and get involved in transformational projects.

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Go and have a conversation if you haven’t already to hear what is on offer as I am a great believer in getting people talking versus working off a Job Description.

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Management inside Govt. Depts

Government roles may also appeal more than ever before as employees search for greater job security during an uncertain economic period. 

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For government organisations looking for experienced professionals with solid credentials who would bring value into their organisation quickly - hiring FTEs could be beneficial both financially as well as strategically in the long run.

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So go out and start selling your story, selling the benefits and share the success stories within your team.

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Conclusion:  

There are several factors at play when considering whether now is the best time for your organisation to hire additional full-time equivalent employees.

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While there is no perfect formula when it comes down to deciding whether now is the right time – I sense that you may get pleasantly surprised at the calibre of talent you could attract

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If you wish to continue the conversation or discuss strategies and approaches contact Nathan – nathan.masters@taska.co.nz