{"id":4227,"date":"2015-04-29T07:31:36","date_gmt":"2015-04-29T11:31:36","guid":{"rendered":"https:\/\/www.bullhorn.com\/au\/?p=4227"},"modified":"2024-11-05T22:06:51","modified_gmt":"2024-11-05T11:06:51","slug":"australian-vms-recruitment-market","status":"publish","type":"post","link":"https:\/\/www.bullhorn.com\/au\/blog\/australian-vms-recruitment-market\/","title":{"rendered":"NSW and QLD Shake up the Australian VMS Recruitment Market"},"content":{"rendered":"

NSW and QLD set to take a “My Way or the Highway” approach to the\u00a0Australian VMS Recruitment Market<\/span><\/h2>\n

 <\/p>\n

VMS or \u201cvendor management systems\u201d to the uninitiated are hot topics of discussion within the Australian recruitment industry at the moment as the NSW and Queensland governments recently announced their intention to move their entire recruitment processes through Fieldglass VMS. Also, the Australian VMS recruitment market \u00a0is set to rise sharply as 28% of Australian recruitment agencies expect to work through a VMS in 2015, according to Bullhorn\u2019s 2015 APAC Trends Report<\/a>.<\/span><\/p>\n

The potential impact to the Australian contingent recruitment market cannot be overstated, as all recruitment agencies intending to work with NSW and QLD will work out new business strategies of how best to work with NSW and QLD Governments and how to best access this VMS, or find alternative clients and revenue streams in an intensely competitive market.<\/span><\/p>\n

\"AustralianPut simply, a VMS is a web-based portal for companies to manage and hire employees. It\u2019s great for the hiring company as it reduces time spent on menial tasks and standardises the entire recruitment process. For NSW and QLD this new initiative should improve speed to hire and decrease the cost for government hiring bodies, particularly pertinent as NSW intend to increase their hiring expenditure by 30% in 2015<\/a>. Public sector hiring has however always been one of Australia\u2019s active markets, government positions are in high demand from prospective job seekers and recruiters have always been eager to fill these vacancies.<\/span><\/p>\n

At first glance this seems like great news for recruiters able to work in a profitable and streamlined way with these employers. However, as vendors, \u00a0the rise of VMS comes with unique challenges – contractual obligations, the need to pipeline candidates before roles exist, lower fees and how to access the VMS in a timely streamlined manner.<\/span><\/p>\n

SMEs currently comprise over 80% NSW and QLD vendor list which suggests there will be steep learning curve for many over the next few years as these businesses with limited resource attempt to adapt. Many recruiters will have to face stark choices in this new reality as the government wields its influence with its \u2018my way or the highway\u2019 approach.<\/span><\/p>\n

For those that choose to work within this growing VMS market, they will certainly need to adapt. However, the process needn\u2019t be painful. Products such as VMS Access<\/a> are available, that allows recruiters to integrate seamlessly with VMS, eliminate duplicate data-entry, automate workflows and provide your consultants with real-time information and live new job notifications. This approach reduces cost, keeps you ahead of your competitors and takes the pain out working the Australian VMS recruitment market.<\/span><\/p>\n

In Australia, VMS is growing in importance year by year, and only those recruiters able to adapt and move in unison with the changing recruitment market will profit and thrive long into the future.<\/span><\/p>\n

If you want more information on VMS or Bullhorn VMS Access, <\/i>get in touch<\/i><\/a>, or watch our recent <\/i>\u00a0VMS Webinar that provide<\/i>s insight into \u00a0<\/i>\u2018Why Recruiters Should Take Advantage of the VMS Opportunity\u2019<\/i>.<\/i><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

NSW and QLD set to take a “My Way or the Highway” approach to the\u00a0Australian VMS Recruitment Market   VMS or \u201cvendor management systems\u201d to the uninitiated are hot topics of discussion within the Australian recruitment industry at the moment as the NSW and Queensland governments recently announced their intention to move their entire recruitment […]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[69,75,78,72],"class_list":["post-4227","post","type-post","status-publish","format-standard","hentry","tag-australian-vms-recruitmentt","tag-nsw","tag-qld","tag-recruitment-crm"],"acf":[],"yoast_head":"\nNSW and QLD Shake up the Australian VMS Recruitment Market<\/title>\n<meta name=\"description\" content=\"NSW and QLD set to take a "My Way or the Highway" approach to the 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