Cracking the code on talent

4 secrets to attracting and retaining top talent:

Author

Maziar Foroudian
March 12, 2024

Latest Stories

Discover the secrets to attracting and retaining top talent in today's fiercely competitive job market. From ageing workforces to industry stereotypes, we uncover the challenges and offer strategic solutions to help businesses stay ahead in this race for talent.

Join the fight against cybercrime and become a leader in the ever-growing field of cybersecurity with ESET Australia's Women in Cybersecurity Scholarship. Receive a $5,000 award and a chance to meet Minister Clare O'Neil at Parliament House. Applications are now open, don't miss this opportunity to make a difference!

Worried about your business's survival in the face of increasing insolvencies? Fear not, as two top organizations have joined forces to create a comprehensive guide for building resilience in tough business conditions. Download now and gain valuable insights and tools for long-term success.

Discover the secrets to empowering and inspiring women within an organization from Samantha Sakr, a leader who continues the legacy of championing women. Learn how core values, personalized mentoring, and age diversity play key roles in creating a successful and supportive workplace culture.

Top Tools

  • Humata: Chat your way to document insights

  • MemberSpace: Grow your membership business effortlessly with no coding

  • DrapCode: Launch, build, scale web apps without coding

  • Munch: Transforming your videos into social media gold

  • D-ID: Revolutionizing interfaces with conversational AI and NUI

Top stories

Entrepreneur contributors highlight how many businesses fail to effectively communicate their product's value, resulting in lost revenue. Understanding customer willingness-to-pay, perceived value, and adopting metric-based pricing can maximize profits. Don't miss out on potential profit opportunities.

The lingering effects of COVID-19 continue to unsettle Australia's economic landscape, with an alarming rise in reported insolvencies among small and medium-sized enterprises. The construction sector has been hit hardest, highlighting the need for businesses to mitigate financial risks.

Industry leaders at the Summit expressed concerns over Australia's economic competitiveness due to anti-productivity measures and tax rates hindering growth. They called for a focus on growing the economic pie and emphasized the need for structural reforms to boost productivity.

Australia

Expanding Australia's Consumer Data Right beyond banking and energy could boost the economy by $16.7 billion by 2043. Deloitte Access Economics urges government leadership in integrating data sets to inspire innovation and job growth.

Queensland government forms committee to investigate discrepancies between fresh produce prices and agricultural profits, potential supermarket gouging. Inquiry led by MP Tom Smith may bring reforms to increase transparency and accountability in the sector. Australian Competition and Consumer Commission also investigating.

Australian Economy

With a focus on aging population and funding challenges in aged care, Labor proposes changes to the superannuation system. Taskforce led by Anika Wells and Nigel Ray suggests phasing out refundable deposits by 2035.

The Reserve Bank's challenge to balance inflation control with economic growth puts Australia at a crucial juncture. Slow GDP growth, high unemployment, and political repercussions highlight the need for strategic decision-making to navigate the country's financial future.

India

The India-EFTA free trade agreement will boost the domestic wine industry by reducing customs duties on high-quality wines from EFTA countries. This deal will help enhance the industry's competitiveness and product quality over a 10-year period.

World

Bitcoin hit a record high of $71,000, up 70% for the year, bolstered by increased investment interest and regulatory approval for cryptocurrency products. Demand from asset managers and impending supply constraints are pushing the price higher.

China's WTO entry in 2001 boosted globalization, benefiting US firms with increased profitability. S&P 500 companies saw a 47.4% rise in foreign profits post-globalization. Firms with higher intangible assets thrived, while domestic profits remained stagnant.

The U.S. Small Business Administration offers grants for women veterans, FedEx provides funding for small businesses, Houston Equity Fund supports diverse-led businesses, Erie County offers start-up grants, Honeycomb Credit grants for coffee businesses, and University of Louisiana Lafayette aids rural small businesses with energy efficiency.

Tech

Discoveries in biology are being revolutionized by AI foundation models like U.C.E. and GeneFormer. These models are making significant strides in understanding how genes and cells work, potentially leading to groundbreaking insights into diseases and even creating new types of cells.

In Google Ads, the importance of keywords has diminished due to less-precise match types, intent-focused smart bidding, and keyword-less campaign types. Advertisers must adapt by focusing on themes, smart bidding, and other factors to ensure success.

Instagram's copycat strategy, including launching Reels, has helped it surpass TikTok in app downloads. TikTok faces challenges, including potential ban by President Biden. Despite TikTok's changing landscape, it still boasts higher user engagement than rivals.

Curated for you

Tax season brings stress for businesses, as scammers take advantage of the chaos to steal sensitive data or trick individuals out of money. Learn about common tax scams to watch out for, such as phishing, identity theft, and fake refund schemes.

As generational cohorts shift, workers, especially Gen Z, desire to change the world and value meaningful work over pay. Younger employees expect business leaders to speak out on social issues, and many support a four-day workweek for increased well-being.

This article explains LLC tax management for 2024, clarifying the understanding and regulations for LLC owners. LLCs combine benefits of a partnership and corporation. Taxes can vary based on structure, member count, and must be paid personally. LLCs enjoy benefits like pass-through taxation and tax deductibles.

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