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HR and Procurement teams in Australia face many challenges in sourcing and nurturing talent. But the good news is support is available to help you discover talent and accelerate success. Tap into a pool of skilled graduates from Lumify Edge to fast-track your next project.
Concerns are growing over recruitment. According to Recruitment Insights Report January 2024 by Jobs and Skills Australia:
Recruitment difficulty increased by 4%, to 55% of recruiting employers.
In January 2024, 24% of employers expected to increase their staffing levels in the next three months, an increase of 4% over the previous month.
In January 2024, 56% of recruiting employers could not fill their vacancies within a month. This was 10% higher than a month ago but four percentage points lower than January 2023.
Lumify Edge aims to reduce this difficulty by offering IT recruitment assistance. Our pool of certified IT professionals can help you find your next team member or even an entire team.
To find your talent at Lumify Edge, sign up here, contact us at [email protected] or read on below.
Top IT recruitment challenges
IT spending in Australia is projected to exceed AU $133 billion in 2024, led by software investments. With this increase in investment comes more IT recruitment difficulties for internal managers, team leaders, HR and P&P teams.
Today, many seek assistance from external IT recruitment agencies in Sydney, Melbourne, Brisbane, Adelaide, Canberra and Perth. However, you can explore more options with a trusted training partner like Lumify Group, which includes Lumify Work (formerly DDLS Training).
A 12.8% growth in software spending is anticipated for 2024, reflecting the industry’s commitment to innovation and technological advancement. This is according to Gartner. The maturity of digital businesses plays a pivotal role in shaping the Australian IT industry. Factors driving this maturation include the widespread adoption of digital tools that enable companies to reach customers and operate online, fostering new business models like e-commerce and online marketplaces. Additionally, a tech-savvy population demands digital services, leading to opportunities in FinTech and HealthTech.
Insights from Hays indicate that with this growth comes some key IT recruitment hurdles faced by organisations in the country:
Dealing with a skills shortage: The demand for skilled and experienced technology professionals has increased. Nearly 70% of ICT professionals' occupations are in shortage around Australia, according to the Jobs and Skills Report, Towards A National Jobs and Skills Roadmap. The nation faces a skills challenge not seen for six decades, with skills like DevOps, Cyber Security, Data Science and Project Management in short supply. Moreover, organisations now seek professionals with a mix of technical ability, industry experience, business acumen and strong communication skills to navigate future challenges.
Searching for National and Global Talent: Organisations are expanding their search geographically due to the scarcity of local tech talent. They are looking beyond state or regional boundaries and even considering global talent. Remote work, facilitated by technology, allows for communication, collaboration, and knowledge sharing across borders.
Competing for ICT and Project Management Talent: The AIIA reports that a mere 3% of employers thought the education system produces job-ready graduates—a 2% drop from 2022. So, it is rare to find tech professionals with years of experience, suitable internships, or ICT certifications. When you find them, offering a compelling overall benefits package is essential. Reviewing market rates and packages of competing organisations is critical to creating this offer.
Optimising the IT recruitment process: To ensure the best talent doesn’t get snapped up by rival businesses, employers, particularly in the world of tech, need to consider how to simplify their IT recruitment process. We’re seeing companies already using such a scaled-down recruitment process for specific positions, and this approach brings advantages to both the employer and the candidate. Leveraging technology and services for sourcing, screening, and assessing candidates is crucial. Lumify Work offers services like SFIA Skills Mapping with SkillsTX, AWS Learning Needs Analysis and a Cyber Security Assessor Platform powered by FifthDomain to identify existing or potential team members’ skills and training requirements.
Rapidly changing requirements: Given the fast pace of technical innovation, it is difficult to predict what kind of disruption organisations might face next. Employers are, therefore, recruiting tech talent who can fulfil a specific need today and stay relevant in the future. This means continuously looking at how a candidate’s skills have changed over time to establish their adaptability and willingness to upskill through advanced ICT certifications.
Accelerate ICT and Project Management recruitment success
Lumify Group is excited to introduce Lumify Edge, a free job board and talent portal. Soft launched in 2023, our team designed and iterated this to connect students to potential employers. Students can access the tools they need to launch a fulfilling and well-paid IT career through the platform.
Often, these students are career starters or changers looking to boost or validate their expertise through vendor-certified ICT training.
For students, this 3-step program involves:
Rebranding: We offer professional resume and portfolio services to help students present their skills and certifications clearly and compellingly.
Lumify Edge Portal: Students can access available jobs and internships, including those you add based on your organisation's staffing requirements, through our partner network.
Internships: Students can participate in our Study & Work internship program with corporate partners to gain real-world experience.
For organisations, the Lumify Edge Job Board provides unparalleled advantages:
Cost-Effective Talent Acquisition: Save time and resources on IT recruitment processes with free access to our job posting platform, ensuring a swift and efficient hiring process. Our tool is free of charge, allowing you to allocate your resources strategically while accessing top-tier IT talent.
Effortless Job Advertisement: Simplify your recruitment efforts with our streamlined platform. Easily advertise your open IT positions to a pool of qualified candidates, saving you time and effort.
Direct Access to Graduates: How long does it take for a recruitment agency to get back to you? For candidates and employers, the average is typically 1 to 2 weeks, depending on the role's complexity and the required seniority level. With Lumify Edge, you can gain exclusive access to a curated talent pool of IT graduates trained through reputable programs within our group. Review their profiles and connect with them directly if they match your requirements.
Customised Talent Incubator: Tailor your talent acquisition strategy to your organisation's specific needs. Communicate your requirements to us, and our team can assist with each step of the IT and Project management process—from scouting and training to delivering the skilled professionals you need. This can also include employer webinar sessions to targeted cohorts to amplify your recruitment outcomes.
Lumify Group is committed to building long-term partnerships with businesses, offering ongoing support and guidance to address your evolving talent needs. We look forward to supporting your HR and Procurement teams in achieving your goals.
Ready to learn more? Don't hesitate to contact us at [email protected] to schedule a meeting. Our team can provide you with all the information you need to leverage this incredible resource for your organisation's success. Or visit www.lumifygroup.com/edge to learn more.
