Five ways to beat the current talent shortage.

November 25, 2024

57% of Aussie small businesses are worried about a lack of talent. We’ve shared five key ways to beat the talent shortage and find the workers and key players you need to succeed.

When you can’t find the talent you need, that can place some severe limitations on the operational capabilities and growth potential of your business.


Difficulties in hiring the right staff was the second biggest concern for business owners in the recent Small Business Conditions Survey 2024  from the Australian Chamber of Commerce & Industry (ACCI). 57% of respondents said that a lack of skills and worker shortages are a significant issue for their business. 


So, how do you overcome this talent shortage and find the people you need?


How to find the talent your business needs to grow.


Bringing a stable pipeline of talented people in the business is crucial for your success. But in the current climate that’s not easy. Here are five tips for finding the talent you need and filling the important roles in your company structure:


Upskill your existing employees.


Instead of hiring externally, think about investing in training programs to provide upskilling opportunities for your current employees. Pairing experienced employees with newer team members can help to promote knowledge sharing, skill development and mentorship for your ambitious employees.


Make good use of technology and automation.


Where possible, use technology to automate repetitive, menial tasks. This gets the low-level work done while freeing up your employees' time to concentrate on high-level strategic work. Tech can also allow your team to work remotely, from other locations, opening up your talent pool.


Rethink your hiring strategy.


Focus on skills, not experience, when looking for new talent. Look for candidates with the necessary skill set and think about hiring non-traditional candidates from diverse backgrounds, including recent graduates, retirees, people with disabilities and those that challenge your current demographics.


Offer competitive benefits and salaries.


Employees have high expectations. So, it’s important to offer flexible working arrangements, options for remote/hybrid working and a benefits package that meets their needs. Employee perks like health insurance cover, enhanced contributions to super plans and professional development opportunities make a big difference when potential employees are sizing you up as an employer.


Create an attractive brand as an employer.


Having a positive, ambitious and transparent company culture can help you attract similarly minded talent. Walk it like you talk it and recognise and reward employees for their contributions, hard work and new ideas. A strong online, social media and marketing presence is also vital to showcase why your company is different and the value you offer to staff.


Talk to us about reviewing your talent strategy.


If you’re struggling to source the best talent, it might be time for a review of your talent strategy. Talk to our team about ways to revitalise your hiring strategy and fill those empty roles.

The basics of strategic advice: why your business needs an evolving strategy
December 5, 2025
When did you last review your business strategy? We share four areas you should revisit and update to create the best possible strategic and growth outcomes.
Promoting your business in the digital age
December 5, 2025
Is your digital marketing strategy still fit for purpose? Here are 4 key elements your business should be using to advertise your brand + engage with new customers.
How an accountant supports your business: 5 key areas of focus
December 5, 2025
A good accountant talks to you regularly throughout the year. Here are five key ways we can support your financial management and the performance of your business.
Key numbers to focus on in your business now | HCA
December 5, 2025
What are the key reports to focus on in your business? We'll show you how to track performance, take action and position your company for growth.
Holiday cash flow for your small business
December 5, 2025
This time of year can be hard on small businesses. With a bit of pre-planning and being proactive, you can set yourself up for a financially stress-free holiday.
Happy Holidays to our valued clients. We are wishing you health, happiness, and new beginnings for y
December 5, 2025
Happy Holidays to our valued clients. We are wishing you health, happiness, and new beginnings for your year ahead, also that 2026 brings you everything you wish.
The benefits of having a diverse workforce
November 11, 2025
We list four of the key benefits of focusing on diversity and inclusion within your company culture - plus how to diversify your workforce.
Measuring the health of your business with ratio measures
November 11, 2025
Taking stock of the health of your business allows for more effective planning, early warning about issues, and a better course for success.
Business confidence is on the up:  overcome the big challenges
October 3, 2025
What can your business do to overcome the cashflow, profitability and compliance worries?
The value of old-fashioned customer service: getting data insights
October 3, 2025
With so many customer interactions taking place online, your online customer service has to be first-rate.