Recruitment now the most valuable professional service in current market situation
As Australia’s travel industry staffing crisis continues to bite, TMS Asia-Pacific (TMS) Chief Executive Officer, Gary Marshall has again underlined the value professional recruitment services can provide staff-strapped employers looking to succeed in the ever-escalating ‘war for talent’.
Speaking at the recruitment and executive search specialist’s 12th annual global conference held last week in New South Wales’ Dooralong Valley, Mr Marshall said the staffing crisis showed no signs of letting up and human capital had become critical to a company achieving success in the current environment.
Mr Marshall referred to figures released this month by the Australian Bureau of Statistics which show total national job vacancies in May 2007 rose by 1.7 per cent to reach 166,000.
In New South Wales alone, he said, employers are looking for close on 52,000 workers, a 24.5 per cent increase from just 12 months ago.
“In the current market, human capital has become critical to a company’s success. Being connected to the right and best talent in the market place can prove to be the fundamental difference between success and failure in this tough environment,” he said.
“This is where a professional recruitment service, such as TMS, provides the point of difference.”
Mr Marshall said one of the key benefits of using a third party consultancy was the fact that it afforded employers full exposure to ‘passive’ candidates’.
“Instead of choosing the best candidate that applies for a job, a client can enlist consultancy support to widen their selection parameters and choose the best ‘available’ candidate in the market.”
“An added benefit is that professional consultancies provide clients with the assurance of a thorough candidate background check and psychometric profiling.”
“And the situation works well in both directions. Candidates, reluctant to respond to direct advertising, are fully aware of the professional ‘safety’ factor when dealing with consultancy firms.”
More than 40 TMS staffers representing the company’s Australian, New Zealand and Asian operation attended the global conference.
Report by The Mole
John Alwyn-Jones
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