Reflecting on the immigration trends and highlights from the past 12 months, here are some of EPG Migrations predictions for 2021.
The new year appears promising for businesses as Home Affairs looks set to prioritise skilled migration programs and focus on where immigration can provide the most economic gain for Australia.
Priority for skilled migration and global talent
Businesses continue to utilise the Temporary Skill Shortage visa to fill critical skills gaps. The numbers of TSS visa subclass 482 are likely to remain consistent with FY2020 in which there were 29,000 temporary work visa approvals. 22.1% of these were within the information and communications technology sector and 22.1% in health care and social assistance.
The Department will also maintain priority processing and visas approved within a few days for Developers, Software Engingeers, Construction Project Managers, Mechanical Engineers and some medical occupations.
In 2020, the GTI visa subclass 858 proved highly successful to secure permanent residency within a matter of weeks for skilled workers with international recognized achievement and talents within their industry, both inside and outside Australia. With Home Affairs tripling the allocations to 15,000 in 2021, this pathway to permanent residency is proving more accessible and cost effective for many senior positions.
Global Business and Talent Attraction Taskforce
In 2020, the government proposed a new taskforce to attract international businesses and exceptional talent to Australia. This initiative builds on the existing Global Talent Initiative and Business Innovation and Investment Program, designed to attract export-orientated businesses to Australia in the next 12 months.
The initial focus will be on three key sectors: advanced manufacturing, financial services (including FinTech) and health in the efforts to attract high value global business and talent and create more Australian jobs.
Increased outsourced employment and migration
Another notable trend we’ve seen is more business reliance on third party and on-hire license agreements to easily outsource employment and visa sponsorship requirements and access visas for skilled workers, both inside Australia as well as offshore to allow staff to commence work whilst waiting for travel and borders to re-open.
Despite current border restrictions, project timelines and deliverables have not changed. This alternative staffing model offers businesses more flexibility to capitalise on a remote workforce and benefit from overseas skilled workers with the confidence they’re covered against all required employment laws and regulations, without the cumbersome administrative burden or sponsorship obligations.
Speak to us to find out more about this solution and strategise around any current challenges you’re facing.
About EPG Group
EPG is a leading provider of payroll, HR and workforce management services across multiple global jurisdictions. Our powerful HCM technology underpins our permanent and contingent staffing solutions, immigration expertise and managed payroll services, bringing assured compliance to businesses globally and empowering today’s workforces.