"Those that can bring something else to the table, such as innovation and the ability to execute strategy are still sought-after, but your in-house, administrative type manager is less sought-after at the moment."

Below management level, certain skill sets remain in demand, the market update notes.

"There continues to be a shortage of experienced candidates in specialist fields such as developers at all levels, and more recently BizTalk.

"Particularly this year, we have also seen an increase in the demand for Microsoft Dynamics skill sets."

Web developers are also sought-after, with the update noting "as organisations continue to push their online presence, we are experiencing more need for candidates with a strong focus on web technologies at varied levels."