Labour shortage at Crisis Level

Labour shortages are hitting businesses big and small.

It is hitting SMEs particularly hard at a time when various Govt Covid 19 stimulus measures have been withdrawn from businesses or are about to be withdrawn.

As per the article, Alexi Boyd, chief executive of the Council of Small Business Organisations, says the shortage of labour is causing a strain on small businesses unable to compete for staff.

In a lot of cases, those small businesses are completely overwhelmed and may very well, through sheer exhaustion, walk away from strong, viable businesses because they’re just getting to that tipping point.

Outsourcing can play a critical role in mitigating labour shortages for businesses big or small.

SMEs can partner with an outsourced provider to access highly skilled global resources at a fraction of the price.

A comprehensive outsourcing strategy is a must for SMEs to survive and thrive in this environment.

SBA has been partnering with SMEs on bespoke outsourcing solutions since 2010.

Survive and thrive by partnering with SBA’s away team and discover a critical competitive advantage in this current resource-constrained environment.

Source: AFR