With unemployment reaching record highs, MYOB is encouraging small to medium businesses to focus their attention on finding and retaining high quality staff in the downturn.
MYOB CEO Tim Reed believes small businesses will need to be fully equipped to handle issues brought on by the economic downturn and come out on the other side stronger.
“Having highly skilled, motivated and ultimately loyal staff is the key to having a successful and profitable business.”
Reed believes that in the downturn many large corporates are downsizing, leaving opportunities for small businesses to grow and diversify with new staff.
“New opportunities are emerging for niche businesses in this new economic landscape, and SMEs have the opportunity to leverage this newly available talent to acquire the right people to strengthen their business.”
Reed suggests MYOB’s new online recruitment solution, StaffSearcher.com.au, as a means for business owners to help keep costs down while finding quality talent.
“The prospect of earning incentives drives people to refer high quality candidates. There is no charge to post a role on StaffSearcher.com.au and the nominated reward for the referrer is much less than the cost of recruiters or head-hunters” (Read the full story here).
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