Candid Conversations - Recruitment challenges
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So here's the thing with recruitments
at the moment,
it is booming, it's thriving, it's the best
it's ever seen.
You know, when I chart
from staffing industry metrics,
you know, the graph is going up like
that in terms of growth of industry.
But the challenges that we have
with that is the fact that
we're the 17th hardest job to fill in
Australia with recruitment consultants
and we've got a 47% staff turnover
in the industry as well.
So we're working in an industry
that's growing and is doing really well
but we can't find the staff and the
staff that we have we're turning over.
So it's almost like we have this
unique set of challenges now that
we kind of need to address
as an industry,
to keep the bar at a high level
from a standard to...
for the recruitment industry
to thrive
and continue to kind of go up
in this swing that we're in.
There are businesses that need more
recruitment consultants
in order to fulfill the work that they
have within their businesses.
Then you have online businesses
and online technology
that's, you know, threatening
to disrupt the industry,
but that's not translating just yet
in terms of growth,
so it's never become more important
to be able to find
really good recruiters and shape,
and mold them and train them,
because a lot of experienced
recruiters set up in the market
for 10 years plus are actually finding
alternative careers to move into.
So we've got this whole unique
set of challenges now
and businesses need to focus
more so now than ever,
on actually training new staff
that come into the industry.
It might sound like a hidden agenda
'cause I own a recruitment
training business
but the reason that I opened another
business was because
I saw this massive gap in the market
where we need to be able
to attract people to the industry,
train them and retain them.
If we don't do that, we lose our value
as an industry
and if we don't do that, we can't
attract great people to our industry,
and if we don't do that, our industry
is rife for a disruption
because people won't actually see
the value in it anymore.