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1 in 5 Businesses Are Having Trouble Finding Skilled Staff. How Can SAP SuccessFactors Help?
The skills shortage —accelerated by the Covid-19 pandemic—shows no signs of easing. In fact, recent data suggests it may even be getting worse. According to the Australian Bureau of Statistics’ most recent survey, one in five Australian businesses have reported difficulty finding suitably skilled or qualified staff. Two thirds (65%) of medium and large businesses plan to employ new staff over the next three months, and around half of medium (49%) and large (52%) of businesses expect to re-train or upskill existing staff to fill skills gaps.
Could Technology Be The Answer To Mining’s Skills Shortage?
It’s no secret Australia’s mining sector is facing a major (and growing) skills shortage. The vast majority (86%) of mining executives say it’s harder to recruit and retain talent now than just two years ago. And concerningly, 71% of mining leaders are finding the talent shortage is holding them back from delivering on production targets and strategic objectives. For the mining sector, the talent shortage is the combination and culmination of several macroeconomic and reputational factors, including a shrinking talent pool since Covid-19; concerns over the sector’s sustainability; and the fact many young people simply don’t see a future in traditional mining.
4 Common HR Challenges You Can Overcome With The Right Technology
The world of work has changed—bringing with it a raft of challenges for today’s HR teams. Finding talented workers in a shrinking talent pool is perhaps the most significant of these challenges, with around 3.2% of all jobs in Australia currently unfilled. The nature of work is also becoming more dynamic and complex, with the traditional nine-to-five office model giving way to flexible working conditions which support employees’ work-life balance and wellbeing.