Australia and New Zealand employers admit they lack resources to grow their business following GFC cutbacks

An overwhelming majority of employers (84 per cent) believe they had to make too many redundancies during the GFC and many now lack the resources needed to grow their businesses, according to extensive research released this week by Hudson, the leading provider of integrated talent solutions.

The research findings, part of the Hudson 20:20 Series Report: Positioning for Growth – Building a Dynamic Workforce in a New Economic Era, reveal that almost two-thirds of employers and employees alike (59 per cent) reported that their teams are under-resourced. Many businesses (57 per cent of those surveyed) are already feeling the skills pinch, up from 44 per cent last year. While 54 per cent of employees say the team they work in is now weaker.

Simon Moylan, executive general manager at Hudson Talent Management, said: "During the downturn many organisations 'cut the fat' but these results suggest that many also 'cut into the muscle'. Employers desperately need to bolster not only the size, but also the strength of their teams to bring their businesses back to a place where they can compete effectively in their markets and establish a solid foundation for sustainable, long-term growth."

Overall, 11 per cent of the workforce was lost through voluntary redundancy, enforced redundancy or staff leaving of their own accord and employers say that 23 per cent of workforce losses were high performers.

Accurately anticipating demand helps combat understaffing and improves overall workforce productivity. To facilitate better staff utilisation while keeping operating costs as low as possible, the Mitrefinch Time Management System (TMS) ensures that you have the right staff are on hand to serve your customers, and that you are in compliance with necessary employee legislation and health and safety requirements.

TMS is fully-adaptable to your workforce management requirements - staff can be assigned to shifts according to necessary skills/training, and contracted hours. Staff can also be scheduled to mirror forecasted customer numbers over a given period, or ‘on-the-fly’ to meet emergency requirements.

For more information contact Mitrefinch Sales on 1300 884 831 or sales@mitrefinch.com.au