Is the situation really better now ? To be honest, there are still people on the market, and now employers, who are offering jobs again, are careful and take their time to find the skills they need. For sure, it is not the atmosphere of the last 20 years of growth, but more the one we know in Europe, when things are quite OK. For some, Australia has never technically been on recession. The worst employement rate we had during this crisis, was the one we had in Europe when there was no crisis.
In my company, my management says that the crisis brought two things :
- Now, they can fire the incompetent ones
- There is much less turn over
That was the problem of Australia during all these years : employees were changing jobs very quickly for a better salary and better position (i.e 2 years is looooooog time for a same job). They could easily oversale their resumes, since there was a shortage of skills for almost anything technical. The power was in employees' hands and they were the ones threatening that the company wouldn't run without them, because there was no one on the market to replace them.
Also with the crisis, a number of abuses were raised, and the government decided to put in place the Fair Work Act in July 2009 on a national basis (not federal, since Australia tends to work by state i.e tax rates are different, train rails are different from one state to another, packaging follow different rules depending on the state ... ).
The Fair Work organisation is national the workplace relations tribunal. This new tribunal assumed the functions of the Australian Industrial Relations Commission and the Australian Industrial Registry (both date back to 1904) and the Australian Fair Pay Commission (established in 2005) and some of the functions of the Workplace Authority (established in 2007). It also means that they are in charge of trials where companies are not respecting the minimum wages or are firing people with no susbtantial reasons. This organization is meant to protect more employees and support more unions.
For more information, refer to http://www.fairwork.gov.au/Pages/default.aspx
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