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Disruption!Why the Recruitment Industry?
Niche market of“Emerging Enterprises”
Who• Fraser – Opening Mindset• Adam – Expert Analysis,
Stats and the disturbing facts
• Ian – Solutions, time is right.
A General Mathematical Theory of Political Economy (1862)
William Stanley Jevons
• Trade for Currency ($)• Double Coincidence of
Wants (Barter)
“there is more than one way of trading our capacity to work”
“Inefficient way to achieve financial growth plans”
• Work for income • Pay Tax• Purchase needs• Purchase wants• Invest savings for dividend and growth– Equity in Assets
Sweat Equity Concept• Capacity to work• Endgame of owning
assets
• Equity to share• Endgame of achieving
their business dreams.
30% of University
graduates are unemployed.
Worker Frustrations
6.4 % Unemployed15 % Under-
employment rate
Worker Frustrations
Worker Frustrations
Many Mums would like to contribute beyond the family as employees and Mumpreneurs
Worker Frustrations
Competent retirees available to share their knowledge and experience
Worker Frustrations
Revenue from recruitment industry to reach an estimated $11.4 Billion in 2015 and grow
by 1.5% PA
Employs 121,400 people in 6,822 Businesses
Equates to $93,400 revenue per employee and just under $1000 for EACH of the 23
Million Australians
Placement fees vary from 10-30%
27% of recruitment agencies are running at a loss and for the other 80% profits are
declining
Australian Recruitment Facts
Owner outgrown the Business Business outgrown the Owner
EE’s and SME’s Frustrations
Source : Bersin by Deloitte -Ten Disruptions in HR Technology for 2015: Ignore At Your Peril
Source: Global Entrepreneurship Monitor 2013
ZIPF’S LAW The Number ONE
position in any market is twice
as popular as Number
TWO
Source: Deloitte Report 2012 – Digital disruption Short fuse, big Bank?
The market is changing and needs
a shake up.
50 job offerings in Australia for salary equity mix of up to 4%
We are not too late!
Emerging Enterprise and Small Business
Available Worker
Capacity is Available
The industry needs change it’s mindset
The stats all add up.
Now is the time to disturb the industry.