26

Aug 2021

Smaller Australian accounting firms taking advantage of ad-hoc offshore resources from quality outsourcing providers

By: Odyssey General, Outsourcing
Tags: COVID19

In Australia, the coronavirus pandemic virus variants coupled with vaccination lethargy and ongoing lockdowns is prompting a major rethink on the importance of outsourcing as Australian accounting firms look for new ways to be more competitive in an increasingly disrupted world. Many firms are struggling with assisting their clients through the raft of legislation changes and support by the government, …

19

Aug 2021

Australian compliance salaries rising by over 20% due to shortages of skilled accountants

By: Odyssey General, Outsourcing
Tags: COVID19, labour shortage

The AFR recently released the starting recruiting salary for a university graduate at $65-68k. What is interesting about this number is the prior week we’d been talking to a partner of a 3 partner firm down in Melbourne, who said there was a general problem with finding staff during these coronavirus times. That is, people are less likely to move …

12

Aug 2021

Is keeping Australian compliance jobs in Australia the way forward?

By: Odyssey General, Outsourcing

This week we were chatting with an accounting firm owner who commented “I don’t offshore”. What’s interesting is this position normally involves one of three different issues: I’m concerned about the security I’m concerned about what my clients might think I prefer to keep jobs in Australia This week we’ll touch on the third issue, which seems the most complex. …

05

Aug 2021

Border closure equals higher labour costs. What you need to do now.

By: Odyssey General, Outsourcing
Tags: COVID19, labour shortage

Closed borders could be an ongoing issue and this is likely to drive up wages. At the same time, many companies are moving quickly to implement technology to reduce costs and reliance on high cost labour. The RBA recently indicated the border could remain closed for up to two years, which means changes to labour shortages won’t be changing for …