The report forecasts a shortfall of 195,000 workers
in the Australian market, not in 2025...but in a mere
five years' time. How many of those shortages are going
to be yours?
Workforce
Tomorrow shines new light on the looming shortages,
including a projected shortage of 57,600 professionals
and associate professionals, and 62,400 in elementary
and intermediate clerical, sales and services personnel
- both of which exceed the forecast shortages in trades,
and both of which impact almost every organisation in
Australia. If you have been thinking the issues are
only in technical trade skills - think again!
The
shortages will also fall across all states and territories,
with NSW, Victoria and Queensland the worst hit, and
it seems that no industry will be spared. But the report
also has some qualitative advice for what this means
for employers, including these quotes:
- "Industries
that remain reliant on full-time workers could face
more difficulties than otherwise"
- "Many
businesses will have difficulty in continuing to produce
their current level of output, let alone in expanding"
- "Wages
could be higher than otherwise"
- "Costs
of recruiting are likely to be higher"
- "Other
countries will compete more strongly with Australia
for migrants...and skilled emigration might increase"
- "Employers
will need to be innovative to attract the shrinking
supply of available talent"
And
most importantly "the variety of effects...indicates
that there is no unique solution and employers will
need to take account of their own circumstances and
tailor approaches to their workforce needs". And
all of this within the next five years!
The
good news is there is a way to manage this challenging
situation - Strategic Workforce Planning. Aruspex's
workforce planning framework is designed to tackle exactly
these challenges, and to do so in a way that works for
your individual organisation.
Our
clients are already addressing the challenges outlined
in the report, and no matter where you are on the workforce
planning journey - from only beginning to think about
it, to having a quite sophisticated approach, we can
help you move your workforce planning to a more effective
level.
Call
us today to find out how we can help - and have
a happy holiday season (you'll need the rest ready to
tackle the next five years!).
Download
the Report |
