Australian business leaders struggle with survival, turnover, and budget cuts

Is your business on the edge? 🤯 43% of leaders are worried about survival this year. The hiring market is brutal right now, and the pressure is intense. Our new report surveying over 1,000 Australian business leaders reveals the shocking reality: 🟣 Survival is the strategy: A staggering 43% of business leaders worry their organisation won't make it through the year. 🟣 Turnover turmoil: 53% of employers report an increase in staff turnover, while 64% rely on overtime just to cover the resulting gaps. 🟣 Budget bite: 59% feel pressure to cut operational costs, even as they fight to keep top talent. Why is hiring so hard? 41% cite poor quality applicants, and 40% simply can't find enough qualified candidates. The old ways of recruiting are failing under pressure. Check out the full report here - https://lnkd.in/gmjqnSps

Effective leaders invest in their workforce beyond salary, positioning their organizations to adapt to economic uncertainty and rising labor costs while meeting employee needs. https://ow.ly/rCqh50WYfoF #salaries #PayTrends #TotalRewards

Top talent expects more than just a paycheck. Is your organization delivering? 🧑💼💬 Our latest Benchmark Report explores what really matters to today’s workforce — from salaries to benefits and everything in between. A must-read for HR leaders, decision-makers, and business owners shaping tomorrow’s workforce strategy. 📥 Get the report: https://bit.ly/3BOBb5F #Compensation #Benefits #BenchmarkReport #HRInsights #TalentStrategy #ExecutiveSearch #MonroeConsultingGroup

Effective leaders invest in their workforce beyond salary, positioning their organizations to adapt to economic uncertainty and rising labor costs while meeting employee needs. https://ow.ly/SgrF50WXX56 #salaries #PayTrends #TotalRewards

Effective leaders invest in their workforce beyond salary, positioning their organizations to adapt to economic uncertainty and rising labor costs while meeting employee needs. https://ow.ly/yEgE50WZf1a #salaries #PayTrends #TotalRewards

Effective leaders invest in their workforce beyond salary, positioning their organizations to adapt to economic uncertainty and rising labor costs while meeting employee needs. https://ow.ly/nHVj50WXGpV #salaries #PayTrends #TotalRewards

The latest Office for National Statistics data highlights important shifts in the UK labour market - from employment levels and pay trends to vacancies and industrial action. At Ashley Kate, we explore what these changes mean for employers, HR teams, and professionals navigating today’s workforce challenges. Understanding these movements is key to shaping effective workforce planning, pay strategies, and recruitment decisions. Read the full article here: https://lnkd.in/eHjqJ2Az #LabourMarket #HR #Recruitment

Effective leaders invest in their workforce beyond salary, positioning their organizations to adapt to economic uncertainty and rising labor costs while meeting employee needs. https://ow.ly/EunN50WYaXH #salaries #PayTrends #TotalRewards

Effective leaders invest in their workforce beyond salary, positioning their organizations to adapt to economic uncertainty and rising labor costs while meeting employee needs. https://ow.ly/rELt50WXNnG #salaries #PayTrends #TotalRewards

Effective leaders invest in their workforce beyond salary, positioning their organizations to adapt to economic uncertainty and rising labor costs while meeting employee needs. https://ow.ly/68co50X0ZZN #salaries #PayTrends #TotalRewards