How can small businesses retain staff in skills shortage?

One of the biggest concerns for small businesses in almost every industry is finding the right people with the right skills, to get the job done.

A tight labour market makes it challenging for small businesses to train and retain skilled staff. In some cases, owners would rather pay themselves a lesser wage, than lose staff with the right skills.

Despite warnings from advocates, many industries have experienced years of underinvestment in skills and training. 

Image: Image: Unsplash

Produced By: Alexi Boyd

Featured In Story: Professor Barney Glover- Commissioner, Jobs and Skills Australia

First aired on The Wire, Monday 21 October 2024