A Thousand Unmet Needs
You know that moment when you’re standing in the middle of your business, feeling the weight of a thousand unmet needs, and you think, “There has to be a better way”? The local talent pool has run dry, and each day without skilled workers is like watching money and opportunities slip through your fingers. You’ve considered hiring international workers through sponsored visa programs, but the cost has you hesitating.
You’re not alone. Many regional Australian businesses are grappling with the same issue. The skills gap, exacerbated by the COVID-19 pandemic, an ageing population, and a decline in trade apprenticeships, has left a void in the workforce. You need skilled workers, but is the investment in sponsored visa workers really worth it?
Having navigated these waters myself, I created You Solved not just to address the surface issues, but to tackle the root of the problem. We streamline the process of hiring international workers, ensuring you get the skilled workforce you need without the usual headaches. In this article, we’ll explore the costs of sponsoring visa workers and the value they bring to your business. By the end, you’ll see why this investment might be the best decision you ever make for your company.
Understanding the Costs of Sponsored Visa Workers
Let’s dive into the numbers. Hiring international workers through sponsored visa programs involves several costs. Here’s a breakdown:
- Recruitment Fee: This covers the cost of finding and vetting the right candidates. Think of it as your ticket to accessing a global pool of top-tier talent.
- Nomination Fees: These fees are associated with nominating a worker for a visa. It’s a necessary part of securing their ability to work for your company.
- Agent Fees: Working with a migration agent is crucial. These fees cover their expertise in navigating the complex visa landscape, ensuring every detail is meticulously handled.
- Government Fees: These are the fees paid to the government for processing the visa application. It’s an unavoidable part of the process.
When you add it all up, the total cost for sponsoring a worker usually falls between $12,000 and $20,000 per worker, depending on the size of your company and the length of time you want to sponsor the worker.
I know what you’re thinking: That’s a significant investment. But let’s not stop there. Let’s explore how you calculate the true value of this investment.
How Do You Calculate the Value?
Value isn’t just about dollars and cents. It’s about what you get in return for your investment. Here’s how sponsoring visa workers brings value to your business:
- Length of Employment: Many international candidates are chasing permanent residency. This means they’re likely to stick around longer, providing stability. The Temporary Residence Transition (TRT) pathway for Subclass 482 visa holders offers a clear route to permanent residency, incentivising them to stay committed to your company.
- Skills, Experience, and Exposure: International candidates often come with a wealth of experience from different venues and countries. They’ve already navigated an international relocation, so they’re adaptable and ready to contribute immediately.
- Access to a Global Talent Pool: The world is your oyster when it comes to finding the best talent. By looking internationally, you’re fishing in a much bigger pond, giving you access to the cream of the crop. These candidates hit the ground running, needing less training and onboarding.
- Upskilling Your Team: Bringing in highly skilled international workers can have a ripple effect. They can share their knowledge and skills, upskilling your entire team and boosting overall productivity.
The long-term financial and operational advantages are clear. Now, let’s look at some real-world examples to see how this plays out in practice.
Case Studies: Expense vs. Value
Let’s take a closer look at the Comiskey Group. They were struggling to meet the demands of a busy summer trade. Local recruitment efforts fell short, leaving them understaffed and unable to capitalize on peak business opportunities. That’s when they turned to You Solved.
By hiring 15 highly skilled international chefs through our program, they were able to integrate these workers seamlessly into their team. These chefs brought not just their culinary skills, but also a fresh perspective and a relentless work ethic. The Comiskey Group didn’t just survive the summer—they thrived.
This seamless integration meant the Comiskey Group could fully meet the demands of the busy season, maximizing their revenue opportunities and delighting their customers. The initial investment in sponsored visa workers quickly paid off, proving to be a brilliant move for their business.
SOLVED
By addressing the skills gap with highly qualified and committed professionals from overseas, you can transform your business’s productivity, efficiency, and growth potential.
The You Solved model is designed to make this process as seamless as possible for you. Our unique approach combines recruitment and migration services, ensuring you get the best candidates without the usual headaches. We handle the complexities so you can focus on what you do best—running your business.
Don’t let the fear of upfront costs hold you back.
By following our ultimate checklist, business owners and leaders can effectively navigate the process of hiring internationally.
