Human resource management, recruitment and career management are the HR services that act as the key organisational drivers in today’s dynamic business environment.
The opportunity to develop a high value business within one or more of these HR services diciplines has never been more exiting.
With competitive pressures, an evolving compliance regime and a fluid employment market, more and more Australian companies, particularly small to medium enterprises are realising the value of outsourcing a range HR management functions and in doing so, are able to focus on their core competencies, improve productivity, mitigate business risks, reduce costs and increase bottom line growth.
Strategic HR consulting and fuctional outsourcing is a 13 billion dollar global business and one of the fastest growing professional services areas in Australia and the world. In Fact, in the United States, over 80,000 companies outsource their entire HR function with the rate of growth exceeding 20% p.a.
Sourcing the right talent to drive organisational change and grow revenues & profits is an ongoing challenge for companies of all sizes and despite the proliferation of job boards which may allow companies to access the best talent ON the market, third party recruitment and executive search firms are the preferred avenues to access the very best talent IN the market. The qualitative difference between the two categories of candidates is vast, as is the corresponding return on investment employers can realise.
It is for this and other reasons that the Australian recruitment sector continues to grow. In fact, in 2013, projected revenues in the industry will exceed $26 Billion dollars p.a
In today’s ever competitive job market, an increasing number of job seekers are engaging professional career advisers to help direct them into careers that best match their behavioral style and skill set. Moreover, employers are seeking outplacement solutions that will help employees that have become victims of redundancy or downsizing with a career transition program.
As a result the demand for career management and outplacement services is high with industry data suggesting exponential growth in the coming years.
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