recruitment 9 1-15
TRANSCRIPT
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Disruption!Why the Recruitment Industry?
Niche market of“Emerging Enterprises”
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Who• Fraser – Opening Mindset• Adam – Expert Analysis,
Stats and the disturbing facts
• Ian – Solutions, time is right.
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A General Mathematical Theory of Political Economy (1862)
William Stanley Jevons
• Trade for Currency ($)• Double Coincidence of
Wants (Barter)
“there is more than one way of trading our capacity to work”
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“Inefficient way to achieve financial growth plans”
• Work for income • Pay Tax• Purchase needs• Purchase wants• Invest savings for dividend and growth– Equity in Assets
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Sweat Equity Concept• Capacity to work• Endgame of owning
assets
• Equity to share• Endgame of achieving
their business dreams.
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30% of University
graduates are unemployed.
Worker Frustrations
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6.4 % Unemployed15 % Under-
employment rate
Worker Frustrations
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Worker Frustrations
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Many Mums would like to contribute beyond the family as employees and Mumpreneurs
Worker Frustrations
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Competent retirees available to share their knowledge and experience
Worker Frustrations
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Revenue from recruitment industry to reach an estimated $11.4 Billion in 2015 and grow
by 1.5% PA
Employs 121,400 people in 6,822 Businesses
Equates to $93,400 revenue per employee and just under $1000 for EACH of the 23
Million Australians
Placement fees vary from 10-30%
27% of recruitment agencies are running at a loss and for the other 80% profits are
declining
Australian Recruitment Facts
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Owner outgrown the Business Business outgrown the Owner
EE’s and SME’s Frustrations
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Source : Bersin by Deloitte -Ten Disruptions in HR Technology for 2015: Ignore At Your Peril
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Source: Global Entrepreneurship Monitor 2013
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ZIPF’S LAW The Number ONE
position in any market is twice
as popular as Number
TWO
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Source: Deloitte Report 2012 – Digital disruption Short fuse, big Bank?
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The market is changing and needs
a shake up.
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50 job offerings in Australia for salary equity mix of up to 4%
We are not too late!
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Emerging Enterprise and Small Business
Available Worker
Capacity is Available
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The industry needs change it’s mindset
The stats all add up.
Now is the time to disturb the industry.