Australian accounting, finance and legal professional services staff are being offered pay rises of up to $40,000 (on a $90,000 salary) to stay in their current jobs, and up to $100,000 sign-on bonuses. Costs of hiring have more than doubled and employers are forced to wait an average six weeks to hire new employees, potentially delaying growth plans for some …
Blog double trouble for Australian accountants
CPA Australia recently released an article on Australia’s reduction in migration numbers, commenting the effects are likely to last for years to come. For Australian accounting firm owners, there are going to be 3 main impacts: Many Australian businesses are going to struggle with finding Australian based workers, with a likelihood of wages growth going to cut down margins in …
Australian compliance: the flight to quality offshore
For the past decade Australian accountants have been hearing of digital transformation, automation, data scraping and a dozen other terms that were on one hand labour saving, and on the other hand job threatening. For some, it’s been about as interesting as watching paint dry. Even with Covid-19 forcing the shift to at-home work, the resulting innovation has not resulted …
