Business News

Tue Dec 6

Initiative helps more young Australians start their own business

Written by Senator Cash

The Turnbull Government today launched the Encouraging Entrepreneurship and Self-Employment initiative to encourage young Australians to start their own business.

Minister for Employment Senator the Hon Michaelia Cash said the initiative will provide practical support to young people who want to turn their business idea into reality and create a job for themselves and other Australians.

“Self-employment and entrepreneurship are real options for young people who are unemployed, but only a small number of them choose to pursue such opportunities,” Minister Cash said.

“This initiative will help support young people to develop their ideas into a business.”

The Encouraging Entrepreneurship and Self Employment initiative includes four key measures:

SelfStart online hub — this new website will be the starting point for young people who wish to explore and develop their ideas into a successful business. SelfStart will connect young people to existing services and programs, as well as provide information that will assist them to start a business. SelfStart is located at www.jobactive.gov.au/selfstart
‘Exploring being my own boss’ workshops — these workshops are designed to engage potential entrepreneurs and provide them with a taste of what is involved in self-employment and entrepreneurship. Workshops will be delivered nationally by existing New Enterprise Incentive Scheme (NEIS) providers, with 1,000 places available each year.
Entrepreneurship Facilitators — these facilitators will be located in three regions where there is high youth unemployment and low rates of youth self-employment—Cairns, Hunter (including Newcastle) and Launceston–North-East Tasmania. The facilitators will promote entrepreneurship and self-employment and support potential entrepreneurs to establish their own businesses, including connecting them to existing services and programs.
Expansion of NEIS — this will help to create more places where young people can be trained and mentored on how to start their own business. The eligibility criteria for NEIS will be broadened to allow job seekers who are not in employment, education or training, including those who are not on income support, to access the scheme. An additional 2,300 NEIS places will be funded each year, making a total of 8,600 places available annually.

While these measures are primarily focused on young job seekers, people of all ages and backgrounds seeking assistance to start their own business may access them provided all other eligibility requirements are met.

For more information about Encouraging Entrepreneurship and Self-Employment, please visit www.employment.gov.au/youth

Fri Dec 2

How to Hire Labour Services for Your Company

Written by News Feature Team

The workforce in your company forms the backbone of the whole institution. Businesses require workers who are capable and skilled enough to understand the different changes in the modern workplace. There’s a reason as to why the recruitment process for most businesses is so long and protracted. It’s because businesses want to make sure that the employees they hire are capable of handling the different tasks that are thrown at them throughout the day. However, hiring skilled labour is not as easy as it looks. It can cost you a considerable amount of money, especially if you don’t take the right steps.

The Conventional Process

The conventional process used for hiring skilled labour is quickly going out of fashion. It’s pretty long and protracted, and it can cost the company a significant amount of money. Here’s how it works: if a new position becomes vacant at your firm, you will have to publish ads like Labour Hire Brisbane, in the local newspapers and on online platforms, providing details of the job opening. The ad will generally include details such as the job description and the salary bracket that applicants can expect. You will also need to provide details to labour hire companies about the kind of employee you are looking for, such as their qualifications, experience, etc.

After reviewing the applications, your recruitment manager will have to shortlist the candidates and then invite them over for an interview. After the initial round of interviews has been conducted, the company will make a decision and hire a viable candidate. During all this time, the work to be done by the employee who vacated his/her position would be handled by the team. As you can see, the whole process is quite tedious. Instead of struggling with these processes in-house, many companies have begun to rely on recruitment firms like Blue Collar People to meet their skilled labour requirements.

Why Hire a Recruitment Firm?

As a business owner, it is your responsibility to make decisions that will improve profitability and minimise useless delays. Having a vacant position for long periods of time can actually decrease morale in the workplace and it can also cause a variety of redundancies to occur. However, if you contact a local recruitment company such as Blue Collar People, they will help you find the right employee for your business in the shortest possible timeframe.

These companies maintain a database of different individuals who are seeking jobs in the specialist labour industry. All you have to do is provide the details about the kind of employee you are looking for, and the company will search through the database and forward you the relevant CVs. You can then hold interviews and decide if you want to hire the employee.

Whereas the conventional hiring process can take several weeks, using the services of local recruitment firms could bring this number down to a matter of days. Not only is it extremely efficient, but it’s also quite affordable; you just have to pay a small commission fee to the company for helping you get in touch with the right candidate.