Global

1. Globalisation has brought a need for change

1.1. competiton

1.2. outsourcing & restructuring

1.3. shareholders demands for higher return

2. 🇦🇺Australia's higher living standards bring with it the expectation of better wages and salaries for workers

3. CASE STUDY - ✈️(Qantas)

3.1. Qantas faced scrutiny for its ongoing restructuring of its domestic maintenance facilities that resulted in a loss of 1550 jobs since 2014. Much of the work previously done in regional centres was relocated to lower labour cost countries such as Singapore and Hong Kong

4. Some countries have differing legal standards e.g. in 🇨🇳 workers rights are often ignored

5. The issues:

5.1. Cost 💲

5.2. Skill 👨🏻‍🎓

5.3. Supply 📊

6. Globalisation, advancements in 📱 and telecommunications have increased competition & the complexity of human resources

7. Short-term initiatives:

7.1. The Temporary Skill Shortage (TSS) visa was introduced in March 2018. The TSS visa program comprises a short-term visa or a medium-term visa and will support businesses in addressing genuine skill shortages in their workforce. It aims to align with the skill needs of the Australian labour market and tightens eligibility requirements for employer sponsored permanent skilled visas. Temporary visas serve the economy well in times of skills shortages in the short term. They are especially useful in attracting skilled workers to remote areas where Australian workers are reluctant to go