AFR — Staff retention strategies top of mind for finance bosses
Kris Grant, CEO of ASPL Group, shares strategies for retaining staff, in response to the tightening labour market and talent shortage with the Australian Financial Review.
At ASPL Group, our team of consultants are highly skilled in their areas of expertise. Our recruitment consultants all have a background in psychology, our Leadership Coaches are trained in neuropsychology, and our CEO, Kris Grant is also a leadership, recruitment and consulting expert.
Our team are regular media commentators, offering their expert opinions on challenges within industries and markets in the Asia Pacific region.
Kris Grant, CEO of ASPL Group, shares strategies for retaining staff, in response to the tightening labour market and talent shortage with the Australian Financial Review.
‘Employees who aren’t happy will walk’, CEO Kris Grant shares her thoughts on the latest employee turnover rates as many individuals take the lyrics from Beyonce’s newest single as a sign to hand in their resignation.
In the first half of 2022, Australian job advertisements reached its highest record level in 16 years. The rise of recruitment activity meant job ads were 25.7% higher compared to a year ago and 77.3% higher (or about 130,100 available positions) than pre-covid levels. SEEK revealed that job ads rose 2.1% from April and 25.6% year over year.
Most industries across Australia are suffering from skill and talent shortages. The National Skills Commission predicts almost a million new jobs will be created by 2025 on top of this. Our CEO Kris Grant shares with the @Smart Company’s five strategic priorities to retain staff to ensure businesses survive in one of the most challenging skill crises we have had in a long time.
After more than two years working from home, and as we return to the office, businesses are now implementing flexible workplace policies to ensure their employees are happy, boost productivity and promote a connected workplace culture. The challenge is that some employees want to connect with their employees and work better in an office environment…and then other employees enjoy working on their own, in their own homes.
Since February 2021, over 1 million people have moved jobs, the highest annual job mobility rate since 2012. Interestingly, the recent rise in job mobility was more pronounced for women, jumping to 10.0% from 7.6% while for men it rose to 9.1% from 7.5%.
What jobs have seen the largest pay growth in Australia today? New job data found and insights from Seek shows us the top five roles in Australia today, with the largest wage rise.
It is not surprising that many Australians are incredibly burnt out from the rising pressure of the Great Resignation, influencing over 1 million people resigning from their jobs. We haven’t seen a number this large in over 10 years.
Graduate salaries are the highest they’ve ever been, soaring up to $350,000 for tech companies when the average Australian workers salary sits at $62,400.
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