Need to know the who, what, when, where and why of outsourcing your compliance work. But first, here’s the maths behind the argument that full time SMSF compliance workers don’t work, either locally or foreign hired. Australian accounting firm owners know that tax returns arrive in individual jobs, and at the same time the resources needed to be hired to …
Outsourcing versus DIY: Why are Australian accountants still doing compliance?
Do you Uber, Airbnb, use any of the great sites that are out there. How about the gig economy – have you tried resources from there yet? We’re all secretly DIY where we can. Save a few bucks. The joy of doing something ourselves. Which is why we probably have rules about important things like electricity and needing to have …
Will the rise of the Gig economy hit Australian compliance, or outsourcing?
It was interesting to note the Australian economists remarking on the Australian economy earlier this year note that in January there was a 16k increase in employment consisting of a 50k drop in full-time employment and a 66k increase in part-time work. At that time the economists were estimating a 20k increase in employment. It’s interesting to think further on …
Mediocrity and the offshore worker
There is a large amount of Australian compliance work being done overseas, and recently there have been cheaper “offshore” offerings by labour hire firms. These labour hire firms tend to offer a controlled offering, which seems to be accepted in line with the traditional business model some accountants understand and prefer. Newer accounting business model adoptees are ok with the …
Are fixed salaries and full-time workers soon to be a thing of the past?
Flexibility. It’s coming faster than you think. And for those resisting change, it might be time to think about re-structuring salary remuneration in line with the times in order to retain outstanding talent. The Gig economy pushes towards temporary, flexible jobs are commonplace and companies tend toward hiring independent contractors and freelancers instead of full-time employees. And though it might …
Disruption in the recruiting industry. Why Aussie accountants need to take notice
It seems more disruption is on the horizon, though of course some days it feels like it is changing faster than others. We’ve already been told the accounting graduates of 2017 are not like they used to be, and there are plenty of stories about what is important to new graduates. Not only is it important to find out what …
