By Sarah McCandless July 26, 2024
Artificial intelligence is a reality that’s transforming industries and job markets worldwide. In Australia, the latest research from the Tech Council of Australia (TCA) , supported by tech giants like Microsoft , LinkedIn , and Workday , predicts that AI will create 200,000 jobs by 2030 . This surge in AI employment is expected to significantly boost productivity and inject billions into the Australian economy. The Economic Impact of AI The TCA report forecasts that generative AI alone could contribute $115 billion to the Australian economy, with around 70% of this stemming from productivity gains. As AI technologies continue to permeate various sectors, the demand for skilled workers in this space will naturally increase. However, to meet the ambitious target of 200,000 AI jobs by 2030 , the workforce will need to expand by a staggering 500% over the next seven years. Bridging the Skills Gap The rapid growth of AI job opportunities presents both an exciting and challenging landscape. One significant challenge is ensuring that the workforce possesses the necessary skills. The TCA report emphasises the need for major reforms in education and training to bridge this skills gap. Building knowledge and experience in AI should be a fundamental part of professional development, encompassing both on-the-job training and formal learning opportunities. The Role of Retraining and Upskilling To achieve the goal of a robust AI workforce, Australia must expand and diversify retraining pathways. This means creating more opportunities for mid-career retraining and upskilling in AI. As many as 84% of knowledge workers in Australia are already using AI in their work, reporting significant time savings. This indicates a positive trend towards AI adoption, but also highlights the need for continuous learning and development in this rapidly evolving field. The growth of AI jobs won't be confined to the tech sector alone. According to Damian Kassabgi , CEO of TCA, AI’s influence will spread across various fields, including human resources, sales, and governance. This broader application of AI technology necessitates a diverse range of skills to develop, maintain, and scale AI systems effectively. Therefore, it's crucial to prepare for this shift by fostering a multidisciplinary approach to AI education and training. The Need for Comprehensive AI Strategies To fully harness the potential of AI, Australia needs a comprehensive AI investment and capability plan. This plan should outline clear paths for regulation, governance, digital infrastructure, and research commercialisation. Paul Leahy from Workday underscores the importance of preparing the workforce for the widespread adoption of AI and ensuring that pipelines of AI-ready workers are in place to meet the growing demand.  The Future of AI in the Workplace AI-powered tools are already helping Australians save time and focus on more critical, creative tasks. As Sarah Carney from Microsoft ANZ points out, “Australians are already using AI-powered tools to help with tasks and are reporting that it saves them time and allows them to focus on more important work and be more creative." The prediction of 200,000 new AI jobs by 2030 marks a transformative period for Australia's workforce and economy. By investing in education, diversifying training pathways, and implementing a robust AI strategy, Australia can position itself at the forefront of the AI revolution. Embracing this change will not only enhance productivity but also open up exciting new career opportunities for Australians across various sectors. Now is the time to act and prepare for an AI-driven future that holds immense potential for growth and innovation.
Superannuation Contributions Changing on July 1st
By Sarah McCandless June 17, 2024
Starting July 1st, the superannuation contribution rate in Australia will increase from 11% to 11.5%.
By Adelle Tindall December 8, 2023
Our annual Candidate Christmas Party turned into a spectacular evening filled with laughter, joy, and the spirit of giving. As we danced, dined, and celebrated the season's festivities, we also embraced the spirit of generosity, rallying together to support the Sydney Children's Hospital Foundation. We are proud to share that Enterprise IT Resources will be making a heartfelt donation of $2,445 on behalf of our wonderful attendees. Dive into our photo blog for a glimpse of the memorable moments that made the night truly special.
By Adelle Tindall November 8, 2023
Yesterday's Melbourne Cup Day was a spectacle of style, smiles, and shared moments. Take a peek behind the scenes with our vibrant photo recap, as we swapped office attire for race day elegance and toasted to triumphs and tales. Dive into our blog for a glimpse of how the Enterprise IT Resources team celebrated the race that stops a nation!
January 30, 2021
You’ve got your foot in the door and landed a job interview for a role that’s going to drive your career forward. However, while you might have an idea of what you’ll be asked based on the requirem...
May 7, 2020
As the restrictions around COVID-19 gradually begin to loosen, a return to the workplace is imminent for many businesses, and it’s a welcome change for those struggling with the disruptions of remo..
April 30, 2020
As Australia’s tech recruitment market continues to evolve rapidly, it’s up to employers to stay ahead of the curve. This is where contractors come in. Not only can you gain access to a wide range ...
April 9, 2020
We have just released our latest Sydney IT Salary Guide for the year 2020. This Salary Guide is a compilation of salary and market information provided by our consultants, clients, candidates...
July 12, 2019
The EITR team are back again this year to participate in the annual Westpac Sun-Herald City2Surf event and we’re excited! This year we’re committed to fundraising $1,000 to Cancer Council NSW bec...
May 18, 2019
As part of the release of our 2018/19 Sydney IT Salaries Guide, we’re putting the spotlight on different areas and roles within the industry; exploring remuneration, employee satisfaction and other...
By Sarah McCandless July 26, 2024
Artificial intelligence is a reality that’s transforming industries and job markets worldwide. In Australia, the latest research from the Tech Council of Australia (TCA) , supported by tech giants like Microsoft , LinkedIn , and Workday , predicts that AI will create 200,000 jobs by 2030 . This surge in AI employment is expected to significantly boost productivity and inject billions into the Australian economy. The Economic Impact of AI The TCA report forecasts that generative AI alone could contribute $115 billion to the Australian economy, with around 70% of this stemming from productivity gains. As AI technologies continue to permeate various sectors, the demand for skilled workers in this space will naturally increase. However, to meet the ambitious target of 200,000 AI jobs by 2030 , the workforce will need to expand by a staggering 500% over the next seven years. Bridging the Skills Gap The rapid growth of AI job opportunities presents both an exciting and challenging landscape. One significant challenge is ensuring that the workforce possesses the necessary skills. The TCA report emphasises the need for major reforms in education and training to bridge this skills gap. Building knowledge and experience in AI should be a fundamental part of professional development, encompassing both on-the-job training and formal learning opportunities. The Role of Retraining and Upskilling To achieve the goal of a robust AI workforce, Australia must expand and diversify retraining pathways. This means creating more opportunities for mid-career retraining and upskilling in AI. As many as 84% of knowledge workers in Australia are already using AI in their work, reporting significant time savings. This indicates a positive trend towards AI adoption, but also highlights the need for continuous learning and development in this rapidly evolving field. The growth of AI jobs won't be confined to the tech sector alone. According to Damian Kassabgi , CEO of TCA, AI’s influence will spread across various fields, including human resources, sales, and governance. This broader application of AI technology necessitates a diverse range of skills to develop, maintain, and scale AI systems effectively. Therefore, it's crucial to prepare for this shift by fostering a multidisciplinary approach to AI education and training. The Need for Comprehensive AI Strategies To fully harness the potential of AI, Australia needs a comprehensive AI investment and capability plan. This plan should outline clear paths for regulation, governance, digital infrastructure, and research commercialisation. Paul Leahy from Workday underscores the importance of preparing the workforce for the widespread adoption of AI and ensuring that pipelines of AI-ready workers are in place to meet the growing demand.  The Future of AI in the Workplace AI-powered tools are already helping Australians save time and focus on more critical, creative tasks. As Sarah Carney from Microsoft ANZ points out, “Australians are already using AI-powered tools to help with tasks and are reporting that it saves them time and allows them to focus on more important work and be more creative." The prediction of 200,000 new AI jobs by 2030 marks a transformative period for Australia's workforce and economy. By investing in education, diversifying training pathways, and implementing a robust AI strategy, Australia can position itself at the forefront of the AI revolution. Embracing this change will not only enhance productivity but also open up exciting new career opportunities for Australians across various sectors. Now is the time to act and prepare for an AI-driven future that holds immense potential for growth and innovation.
Superannuation Contributions Changing on July 1st
By Sarah McCandless June 17, 2024
Starting July 1st, the superannuation contribution rate in Australia will increase from 11% to 11.5%.
By Adelle Tindall December 8, 2023
Our annual Candidate Christmas Party turned into a spectacular evening filled with laughter, joy, and the spirit of giving. As we danced, dined, and celebrated the season's festivities, we also embraced the spirit of generosity, rallying together to support the Sydney Children's Hospital Foundation. We are proud to share that Enterprise IT Resources will be making a heartfelt donation of $2,445 on behalf of our wonderful attendees. Dive into our photo blog for a glimpse of the memorable moments that made the night truly special.
By Adelle Tindall November 8, 2023
Yesterday's Melbourne Cup Day was a spectacle of style, smiles, and shared moments. Take a peek behind the scenes with our vibrant photo recap, as we swapped office attire for race day elegance and toasted to triumphs and tales. Dive into our blog for a glimpse of how the Enterprise IT Resources team celebrated the race that stops a nation!
January 30, 2021
You’ve got your foot in the door and landed a job interview for a role that’s going to drive your career forward. However, while you might have an idea of what you’ll be asked based on the requirem...
May 7, 2020
As the restrictions around COVID-19 gradually begin to loosen, a return to the workplace is imminent for many businesses, and it’s a welcome change for those struggling with the disruptions of remo..
April 30, 2020
As Australia’s tech recruitment market continues to evolve rapidly, it’s up to employers to stay ahead of the curve. This is where contractors come in. Not only can you gain access to a wide range ...
April 9, 2020
We have just released our latest Sydney IT Salary Guide for the year 2020. This Salary Guide is a compilation of salary and market information provided by our consultants, clients, candidates...
July 12, 2019
The EITR team are back again this year to participate in the annual Westpac Sun-Herald City2Surf event and we’re excited! This year we’re committed to fundraising $1,000 to Cancer Council NSW bec...
May 18, 2019
As part of the release of our 2018/19 Sydney IT Salaries Guide, we’re putting the spotlight on different areas and roles within the industry; exploring remuneration, employee satisfaction and other...
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