28

Apr 2022

The Great Resignation Continues, 44% of Australian Workers Are Looking for a New Job

By: Odyssey General, Outsourcing
Tags: Accounting Firms, labour shortage, Outsourcing, The Great Resignation

The Great Resignation, also known as the “Big Quit”, continues to be a challenge for Australian businesses in the near future. A recent survey from Elmo Software found that up to one-third of Australian employees believe that they will only stay with their current company for up to 18 months. Some alarming results from the survey: 44% of Australian workers …

21

Apr 2022

Remote-working

Return-To-Office Full Time Is Not Happening Anytime Soon

By: Odyssey General, Outsourcing
Tags: Outsourcing, Post-COVID, Remote working, work from home

Close Contact Isolation Rules Currently, all Australian states and territories require close contacts to isolate for seven days from the last time they were in contact with someone with COVID-19. According to the Department of Health, over the past week, there have been an average of almost 40.5K new cases reported each day with 396.3K active cases. Based on an …

07

Apr 2022

Balking at Pay Rise, Accounting Firm Leaders Are Seen Doing More Low-Level Work

By: Odyssey General, Outsourcing
Tags: labour shortage, pay rise, Post-COVID

Australian accounting firms have started to realise the impractical nature of raising pay to hire and retain staff. First, it is not financially beneficial, especially for mid-tier and small firms. When considering the hourly charge rate and the revenue generated, firms have begun to see that it is not profitable when paying a junior staff as high as $85k. Second, …