Report: It Pays to Shift Careers for Some Job Sectors Poised to Vanish Soon
A number of Australian jobs are in danger of totally disappearing from the local workplace settings not because they don't matter anymore, reports said.
According to employment specialist Balance Recruitment, companies are gradually realising the benefits of the Internet, technology and globalisation in streamlining their operations and achieving substantial savings in the process through farming out jobs.
Little by little, firms are plotting new employment set ups that allow foreign workers to take over jobs that normally could only be performed within Australia.
But thanks to broadband connection, an accounting company from Malaysia or from the Philippines could fulfil the auditing requirements of an Aussie firm with the same result but less the cost.
The same goes with IT duties, which a business processing unit in India, specialising in computer programming, is able to provide with more benefits on the end of the contracting firm back in Australia in terms of productivity and again less money to pay for the manpower services.
In short, work details that do away with physical presence in completing the job requirements are in grave danger of being excluded from the future Australian labour picture, according to Balance Recruitment managing director Greg Pankhurst.
"The majority of all services can be provided remotely at a fraction of the (usual) cost," Mr Pankhurst told News.Com.Au on Monday.
And such reality could render many job sectors - accountants, travel agents and computer programmers - obsolete, at least in the eyes of business operators who could obtain the same services at much lower price abroad.
Estimates provided by Balance Recruitment showed that Aussie companies would secure higher saving marks if low-tier accounting and IT responsibilities would be sent offshore for processing, with one head that in India will only squeeze a company less than $10,000 per year.
In Australia, the same corresponding job requirements would entail companies to fork out possibly ten times more as salary outlays, according to Mr Pankhurst.
"It's an attractive option for many companies, however the impact on the lives of many Australians could be disastrous," he further pointed out
In the process, it is highly likely that redundant jobs will not be around over the next 10 years as companies will surely opt to outsource them for higher productivity and of course, for practical reasons that such tactic leads to better profit margins.
As per Balance Recruitment's take, average-skilled and medium-skilled desk-bound staffs would be the most vulnerable in the event the trend becomes the labour norm in the next decade.
Advances in the Internet and technology will also threaten retail and manufacturing as retailers are expected to migrate further in online stores, setting aside the need for more front store clerks, Mr Pankhurst said.
Factories will depend on heavy automation in order to ramp up their production targets, making it more attractive for firms to employ robots on production lines, which come with benefits of virtually non-stop work without having to pay for salaries and other compensations.
In short, unless a particular worker decides to make a career change, he or she could be out contention in the not too distant future, with Mr Pankhurst noting that those wanting to make the shift need to ensure that "you're going into something that has a strong future, don't go into something that's dwindling."
The safest bets at the moment, he added, are in the field of government, mining, hospitality services, trade and education.