31

Mar 2023

Problems With The Offshore Labour Hire Model

By: Odyssey Outsourcing
Tags: australian accounting, labour shortage, Offshoring, Outsourcing

I spoke to the director of an Australian firm last week who had staff resource issues, and he’d indicated he had both bookkeepers and compliance staff in an offshore location. He’d had these staff for a couple of years and had trained them up in both SMSF and compliance (company, trust partnership, sole trader and individual returns). This firm had …

09

Mar 2023

Remote working seems to be here to stay during challenging talent acquisition times

By: Odyssey Outsourcing
Tags: Australian Accountant, labour shortage, Outsourcing

The AFR recently noted that Bosses no longer mind (much) if you work from home and this seems to be driven from a recent survey which noted the top concerns of senior executives included: Employees working from home occupied a health 3rd position in the prior year’s survey, likely due to the unsettling times as a result of covid, coupled …

07

Jul 2022

Inflation and wage rises to affect Australian accounting firm owners

By: Odyssey Outsourcing
Tags: Australian Accountant, Indirect Costs, inflation, Outsourcing, wage growth

Over the next 12 months we can expect increased pressures on pricing for domestic Australian accounting employees. At the moment, the Australian Bureau of statistics has the November 2021 Full-time adult average weekly total earnings at just under $2,000, with specific higher demand industries being above average. The Australian accounting news sources are already reporting large salaries being offered to …

30

Jun 2022

Focus on the client and leave the Australian compliance tax work to Odyssey outsourcing

By: Odyssey Outsourcing
Tags: Accounting Regulations, Australian Accountant, Australian tax compliance, compliance, Outsourcing

Are you too busy? We recently received a comment from a client that pretty much summed up everything good about outsourcing your compliance work. Odyssey believes that Australian SME businesses are best served when Australian accounting firms are providing additional work outside the compliance space. And with a never ending raft of new tax laws, guidance notes, practice notes and …