1 / 6

The Indisputable Case for Sponsored Employment from Overseas

The Indisputable Case for Sponsored Employment from Overseas. An operational necessity to limit Salary Inflation An operational initiative to reduce Staff Turnover A strategic step to assure Staff Supply & Quality A direct operational Saving to the P&L

Download Presentation

The Indisputable Case for Sponsored Employment from Overseas

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. The Indisputable Case for SponsoredEmployment from Overseas • An operational necessity to limit Salary Inflation • An operational initiative to reduce Staff Turnover • A strategic step to assure Staff Supply & Quality • A direct operational Saving to the P&L • Filipinos workers will increase Productivity

  2. Limit Salary Inflation • Australia’s economy is booming creating strong employment growth • Australia is already at full employment, so where do the extra people come from? • Educational might be a long term solution, but International staffing is the only near-term solution. • Local Australian staff can only be “poached” from other businesses - at inflated salaries • Nobody leaves their current job for less money. • Businesses should include a strategy to employ a percentage of International workers. • Creates a “braking effect” on salary levels with an attractive option to local poaching. • Highly skilled workers can then be initially employed at lower job classifications, and at entry levels in the respective salary bands.

  3. Reduce Staff Turnover & Cost • The average employee tenure in an Australian business is now only 12 months. • A recognition that employees can increase their salary much fast by job-hopping rather than with one employer • Staff loyalty declines in a full employment market encouraging people to change jobs. • This increases staff turnover • The “cost of turnover” i.e. replacing and retraining a person in Australia can be up to 70% of their annual salary. • So if an employer can keep a $50,000 employee for 3 years (and save one turnover cycle) then they effectively save the business up to $35,000 • Employing overseas staff on a 3-year 457 visa addresses all of these turnover issues and can significantly improve the P&L See for yourself – Click here and download our Cost-of-Turnover Calculator

  4. Assure Staff Supply & Quality • Think of an Immigrant Sponsorship Agreement as a operational 2-year Staff Planning tool. • Use it to guarantee staff supply with an individual Recruitment Agency. • Plan for growth and recruit to the plan • Establish a pipeline of International candidates to the standards required by the business. • To underpin the supply of essential staff • Inclusion of tailored assessment processes to each business ensures that quality of staff is achieved. • To obtain high standards of skilled overseas workers. • Obtain continued client feedback on each placement. • To continually track quality of overseas workers

  5. Direct Savings to the P&L Click here to download our Direct Savings Calculator

  6. Higher levels of Productivity • Productivity is defined as Output/Cost. • Therefore the there are only three ways to increase employee productivity: • Increase employee Output • Reduce employee labour cost • or do Both 1 & 2. • Filipino workers yield higher productivity • In Australia only to work to improve their family situation back in the Philippines (strong Christian family values) • Higher skilled workers will work in lower paid jobs • Hardworking and trustworthy and will work longer hours • Resulting in both Increased output AND reduced labour cost

More Related