People2.0 Blog

‘Talent crunch’, ‘brain drain’, ‘war on talent’ – there are many terms being used to describe how technological shifts in the workforce are creating unprecedented demand for new skills. Finding the right talent for existing and especially emerging jobs is a huge priority for Australian organisations and agencies in the current climate of industry 4.0. With demand outstripping supply – particularly for digital skills – organisations need to consider recruitment beyond domestic borders to mobilise the talent they need to prosper both now and into the future.

The demand for workers in the mining sector is at its highest level since the previous boom-time peak in 2013. Australian Resources and Energy Group, AMMA, have projected that 21,000 new workers are required by 2024 due to 57 new projects in the pipeline worth $41 billion. With local talent shortages already apparent and as new projects come to fruition, skilled migration is essential to securing the volume and calibre of talent that businesses need. Take a look at how organisations can harness migration to bridge skill shortages and maintain their competitiveness.