In Brief

PUBLISHED : Saturday, 18 August, 2007, 12:00am
UPDATED : Saturday, 18 August, 2007, 12:00am

Employers wary of job-hopping staff

Job stability has become one of the more important factors in choosing the right candidates, a forecast for the third quarter of 2007 released by recruitment consultancy Hays reveals. Emma Charnock, regional director of Hays in Hong Kong, said employers viewed with caution a job applicant who had two years or less tenure at several companies. 'Many employers have invested time and resources in training new staff only to see them resign one year later to chase a higher salary elsewhere,' she said. 'With a shortage of skills, retention [of staff] is a focus for employers and they value those candidates with demonstrated long-term tenure on their CV. Employers prefer to wait for a stable candidate rather than risk hiring someone [only] to lose them a short time later.' The forecast also revealed the key hot spots in a few industries - risk advisory and tax consultants in accounting; corporate finance, credit, compliance and operations in banking; experienced professionals across the board in construction and property; lawyers specialised in corporate finance in the legal field.

Three cities where work is easy to find

Prague, Copenhagen and Dublin are the top cities for finding jobs in Europe, a recent survey showed. Reuters reported that the opinion poll was carried out for the European Commission. About 70 per cent of respondents agreed it 'was easy' to gain new employment in the Czech, Danish and Irish capitals. Despite easy access to the Irish job market, 94 per cent of Dubliners also think it is difficult to find housing at a reasonable price in their city. In general, Athens, Bucharest and London were the most unpopular European capitals for finding jobs, the survey also said. The Greek capital ranks low because of various issues such as air pollution, availability of green spaces and parks, or perceived safety.