Global Headhunting & Recruitment Solutions in Australia
Why create a global recruitment strategy?
Creating a global recruitment strategy is essential for organizations that want to attract and retain the best talent from around the world. Here are some key reasons why:
- 1. Access to a larger talent pool: By casting a wider net and looking beyond local talent, organizations can tap into a larger, more diverse pool of candidates with a wider range of skills, experiences, and perspectives.
- 2. Cost savings: Hiring local talent may be less expensive in the short term, but in the long run, it can limit a company’s ability to scale globally. By creating a global recruitment strategy, companies can identify and leverage cost-effective hiring practices across different regions, which can help to reduce overall recruitment costs.
- 3. Better alignment with business goals: A global recruitment strategy can help ensure that hiring decisions are aligned with the company’s overall business strategy and objectives. By taking a more holistic approach to recruitment, organizations can ensure that they are hiring candidates with the skills, experience, and cultural fit that will help drive their business forward.
- 4. Improved employer branding: By positioning themselves as a global employer of choice, organizations can attract top talent and differentiate themselves from competitors. A strong employer brand can also help to reduce recruitment costs and improve employee retention rates.
Why hire talents in Australia?
There are many reasons to hire talent in Australia. Here are some of the main ones:
- High-quality talent pool: Australia has a highly educated workforce, with many skilled professionals in a wide range of industries. The country has a strong education system and a culture of innovation, which means that there is a wealth of talent available for businesses to tap into.
- Cultural and language alignment: Australian workers are fluent in English, which makes communication and collaboration with businesses from other English-speaking countries relatively easy. Additionally, Australian culture shares many similarities with other Western countries, which can make it easier for businesses to work with Australian talent.
- Business-friendly environment: Australia is known for its stable political environment, strong rule of law, and low levels of corruption. The country also has a well-developed infrastructure, including reliable internet and transportation systems, which can make it easier for businesses to operate.
- Access to the Asia-Pacific region: Australia is strategically located in the Asia-Pacific region, which makes it an ideal location for businesses looking to expand their operations in this part of the world. The country has strong trade links with other countries in the region, which can help businesses to access new markets and opportunities.
- Government support: The Australian government provides a range of incentives and support programs for businesses looking to hire talent in the country. These include tax incentives, grants, and subsidies, which can help businesses to reduce their costs and grow their operations.
How much does it cost to hire talent in Australia?
The cost of hiring talent in Australia can vary depending on various factors such as the industry, the specific skills and experience required for the position, the location, and the level of competition for talent in the market.
According to data from the Australian Bureau of Statistics, the average weekly earnings for full-time employees in Australia was $1,760.80 in May 2021. This equates to an annual salary of approximately $91,794. However, the salary range for different industries and roles can vary greatly. For example, in-demand industries such as IT and healthcare typically have higher salaries.
Employee labor laws in Australia
Working Hours in Australia
The standard working hours in Australia are typically 38 hours per week for full-time employees. This may be arranged as eight hours per day, five days per week, or other arrangements such as working four longer days and having one day off. Part-time employees may work fewer hours depending on their employment agreement.
Minimum wage
The current minimum wage in Australia is AUD 20.33 per hour, before tax, as of 1st July 2021. This equates to a weekly minimum wage of AUD 772.60 for full-time employees working 38 hours per week. The minimum wage is reviewed annually by the Fair Work Commission, and adjustments are made based on changes in the cost of living and other economic factors.
General taxation
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Taxable Income
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Tax on This Income
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Up to AUD 18,200
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0%
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AUD 18,201 - AUD 45,000
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19% of amount over AUD 18,200
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AUD 45,001 - AUD 120,000
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AUD 5,092 plus 32.5% of amount over AUD 45,000
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AUD 120,001 - AUD 180,000
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AUD 29,467 plus 37% of amount over AUD 120,000
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Hire the best talent in Australia with EER Global
EER Global adopts a customized and professional approach to locate the most suitable talent for your company. By carefully assessing and identifying the perfect candidate for your specific role, they can save you time and resources that would have otherwise been wasted on hiring the wrong person. With their vast network and industry expertise, they can link you up with exceptional candidates in the job market, enabling you to fill your positions quickly and effectively. Additionally, they can offer valuable insights and recommendations on the recruitment process, empowering you to make informed decisions that align with your business objectives. If you are planning to recruit in Australia, do not hesitate to get in touch with EER Global’s dedicated team of professionals for further details.
