As Australian companies struggle to fill roles with the right talent amid one of the country’s worst skills shortages, many are taking a shot at Artificial Intelligence (AI) to source, interview and match candidates to open roles. It’s been an interesting few weeks for Artificial Intelligence. AI chatbot ChatGPT is being tested to detect early signs of Alzheimer’s, DALL-E is creating images from simple text, and Anthropic is working to build reliable and interpretable AI
January 16, 2023
Creating an Employee Value Proposition that will captivate Australia’s skilled workers
A little while ago, we published an article about the current challenges many Australian businesses are facing in sourcing and hiring top talent. As the country experiences its lowest population growth in three decades, companies are staring down the barrel of widespread skills shortages, record-high wage growth and employment levels, and high demand for goods and services for years to come. Labour shortages have plunged Australia into a candidate-driven market, giving job seekers the upper
Expanding your business into Australia from countries like the US or UK can be a great way to penetrate the Asia-Pacific market. However, hiring skilled workers on the ground can be challenging without a local entity in Australia and strong knowledge of Australian employment law and compliance. As an international business, there are two options for hiring workers in Australia: Set up a physical entity in Australia to legally hire workers The first and most
December 13, 2022
Employee vs. contractor: which is better for PEO arrangements?
For international businesses wanting to recruit workers in Australia, determining whether or not to hire them on a contract or permanent basis can have a significant impact on their business. A PEO agreement is a unique arrangement that allows international companies to hire workers in countries like Australia without them having to establish a local entity. With this comes certain nuances that need to be acknowledged when deciding whether to hire permanently or on a
December 9, 2022
Australian business news: Is 2023 the time to expand?
Like much of the developed world, Australian business news hasn’t been too kind on the economic outlook for 2023, with talk of an imminent recession. Australia is experiencing many of the challenges countries like the US, UK, China, and New Zealand are facing. Inflation is hovering at around 7%, energy prices are increasing, and the Reserve Bank of Australia has announced its eighth consecutive rate hike. Globally, there is political unrest in Ukraine and countries