In recent times, the Australian Government has given 2 positive signals. Recognizing the impact of skilled visas on some industries.
1st, the Australian Government. Have decided to overhaul the talented employment list. 2nd, the Global Talent Employer-sponsored visa program has become a permanent affair. Both these steps are strong steps towards Australia’s future.
However, the upper changes don’t address short-term skills challenges. Nor do they make hiring Techies, one of the most in-demand businesses, any easier.
SiteMinder, an engineering company, has been one of Australia’s biggest success stories. The company relied heavily on temporary skills shortage visas to bring in the necessary skills.
However, the process of TSS visa is long and tedious. Also, the cost involved has increased dramatically in recent times. It now costs about 162% more per person than before. Exclusive costs often restrict local businesses to access this visa, as stated by the Financial Review.
Australia has also tightened visa regulations. Some roles are not eligible under new roles, even though there is a huge demand in the country for them.
Furthermore, not all skilled visas in Australia have a permanent residency route. This creates a major increase in employee turnover due to heavy costs in relocating skilled professionals. The short duration of these visas means that a person may be forced to leave the company as soon as one begins to make a meaningful impact.