Risk Aversion - A Drain on Shrinking Talent Pools

In a recent recruitment industry publication entitled “Risk Aversion a drain on shrinking talent pools” by Six Degrees Executive CEO Suzie McInerney, Suzie identifies that Employers remain reluctant to consider talent that doesn’t ‘tick all the boxes’, and “Persistent risk aversion means few employers are brave enough to acquire talent that “doesn’t appear to have the skills and experience to hit the ground running”

It is evident that in Australia, as with many parts of the world, there is a skills shortage and that talented, highly skilled workers are in short supply.

Business SA

“To build businesses and help businesses grow, acquiring skilled, qualified and experienced talent is essential”
says Michael Racher, Managing Director of international recruiters Southern Cross Personnel.

Racher continues” It is important to note that today we are in a global village and if we cannot secure these people in Australia then we can source the talent from overseas.” 


The Australian government has several visas that will enable Australian businesses to sponsor overseas workers

These include: 

Training visas (subclass 407) for up to 2 years 

Visit Australia to complete a workplace-based training (to improve your skills for your current occupation, area of tertiary study or field of expertise), or a professional development training program. This is particularly useful if licencing or registration is mandatory for your occupation.

Temporary Work (Short Stay Specialist) 400 visa (subclass visas for highly skilled specialist workers who are granted visas from 3-6 months)

Visit Australia to work in a highly specialised job. The work or activity must be non-ongoing.

Temporary Skill Shortage Visa for up to 4 years (There are two streams)

1) Short term stream

The Temporary Skill Shortage Visa (Subclass 482) enables employers to address labour shortages by bringing in skilled workers where employers can’t source an appropriately skilled Australian worker for up to 2 years. A Skilling Australia Fund levy is payable.

2) Medium-term stream 

This visa enables employers to address labour shortages by bringing in skilled workers where employers can’t source an appropriately skilled Australian worker for up to 4 years. A Skilling Australia Fund levy is payable.

Skilled Work Regional (Provisional) (491) visas for up to 5 years

The Skilled Work Regional (provisional) 491 Visa enables regional employers to address identified labour shortages within their region by sponsoring skilled workers where employers can’t source an appropriately skilled Australian worker. A Skilling Australia Fund levy is payable.

Employer Nomination Scheme visa (permanent) (186) visa

The Employer Nomination Scheme visa (permanent 186) visa lets skilled workers, who are nominated by an employer, live and work in Australia permanently. A Skilling Australia Fund levy is payable.

If you need any help in sourcing talented staff from overseas or are keen to find out about how we can help with these visas then Contact us today on 1300 422 810.

This article covers interesting facts about Australia. Please use it as a guide only. The facts were sourced from Talent Pools