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Tips to minimise risk and cost in your recruitment process

Data varies – “The average cost of a bad hire is up to 30% of the earnings of the employee in the first year according to the Department of Labor. But a report from one CEO put the cost as high as $240,000. (US Department of Labor and Jörgen Sundberg, CEO of Link Humans)”. A … Continued

Modern Manufacturing: Skills and Capabilities Never More Important

Australian manufacturing is receiving a boost with the Federal Government’s 1.5-Billion-dollar modern manufacturing plan. Indeed, this modern-manufacturing push is backed by EY chief-economist Jo Masters, who says Australia needs to have an “outward outlook” to have a flourishing manufacturing sector.   The key to success for manufacturers will be having the right skills at the … Continued

The Importance of Awareness in Business

“There are these two young fish swimming along and they happen to meet an older fish swimming the other way, who nods at them and says “Morning, boys. How’s the water?” And the two young fish swim on for a bit, and then eventually one of them looks over at the other and goes “What … Continued

The benefits of using subcontractors in times of business growth

  The growth of your business is an exciting time full of new opportunities and rewarding achievements. However, business growth still encompasses a range of risks and challenges epitomized by the need for resourceful, determined professionals that will assist in setting new benchmarks on the road to sustainable business success. This is where the role … Continued

Emergence of Millennials

Eventually, we will see a shift in the workplace. The baby boomers, in the not too distant future, will be overtaken in quantity by millennials. The generational shift will correlate with shifts in the workplace, and human resources and recruitment is no exception. Failure to adapt your human resources strategies, in line with a future … Continued

Robots are replacing humans

Our jobs in 20 years’ time will be performed by computers. Artificial intelligence is fast developing. These are common statements we are hearing in the world, let alone the business world. Whilst robots may render some tasks and functions obsolete, robots can never render humans obsolete – and it is the human resources and recruitment … Continued

Retention Strategies: The Why and How

Recruiting people is never easy. Finding the right fit for your organisation can provide a range of challenges. Do they have the right experience? Is there an alignment in our values? Will our goals motivate them to perform? But amidst the pressures of sourcing and hiring the right person, a fundamental element is often overlooked … Continued

Women in the Boardroom: An Update

In the past, Options Consulting Group has published information regarding the employment of women in leadership positions. With Mother’s Day coming up this Sunday, we felt it apt to revisit the topic and analyse whether or not there have been improvements since we last explored the issue in depth. Our past report on women in … Continued

The Costs of a Bad Hire

“If you think that hiring professionals is expensive, try hiring amateurs” – Red Adair In today’s ultra-competitive and globalised marketplace, businesses are under increasing pressure to hire people who are motivated to reach the organisation’s objectives. But given the fast-moving pace of the business world, with many businesses these days being exceptionally time-poor, time spent … Continued

Strategic Recruitment Leads to Competitive Advantage

Strategic Recruitment Leads to Competitive Advantage There is no doubting that Australian employers face recruitment constraints. Economic pressures and volatility, labour regulations and skill shortages in particular industries have persistently troubled organisations when seeking accurate recruitment practices. It goes without saying that when managed ineffectively, these challenges can cause significant costs to organisations. As a … Continued