With the Australian employment rate at its lowest in over 48 years (3.5% at the time of writing) and the current war on top talent, we have to ask ourselves, what does that mean for a contingent workforce?
As a temporary recruitment consultant for over ten years in the accounting field, I have never seen a market where it is so difficult for employers to hire and retain temporary employees, whether it’s an additional set of hands for a project, back filling a secondment, covering parental leave or covering for employees’ annual and sick leave!
With an Australian unemployment rate of 3.5%, an abundance of permanent opportunities, low immigration and rising inflation, we have seen a dramatic decline in job seekers willing take on temporary roles; irrespective of assignment length.
So, what can employers and recruiters do to secure quality temps in this market?
I currently work with a number of job seekers who enjoy and thrive on temporary assignments, mostly to accommodate family requirements over school holidays or who like to travel in between assignments. These people are absolute GOLD in today's market and some have worked in over 20 temp assignments, placed by me. I love working with them and know that we could encourage more talent to work on a temporary basis if we, that is employers and recruiters work together, to combine some of the strategies highlighted above.
Ask yourself, what are we (as a business) and me (as a leader) doing to attract a quality temp to join our business and what can we offer? Both in tangible and intangible benefits to enable us to retain quality temporary workers.
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