Services
IDENTIFY & ATTRACT
Contingent & Staffing Solutions
Via our unique and modern recruitment process we identify and attract dormant talent within SAP, Data and Project Services. Speak to the team today about your open vacancy and how we can help you source great talent.
Retained Process
Retained Search
Our unique retained search model allows clients to comfortably pay fees as we deliver agreed outcomes via a staged recruitment process.
Each retained search model and process can be adapted to the client need.
A question clients often ask is “why would we retain a recruitment firm when we can engage several other recruitment businesses without the up-front fee.”
The Precision Sourcing retained search model offers extensive and meticulous research engaging a higher volume of our delivery team ensuring that the return on investment is exponential.
Statement of Work – Professional Services
Precisive is Precision Sourcing’s sister business that delivers outcome based SOW professional service solutions. To understand more speak with the team or check out the Precisive website here
Transition Coaching & Outplacement Services
Introducing Career Transition and Outplacement Programs
During these times of change and transition, employers recognise the value to their organisations of maintaining positive relationships with their alumni as future, long-term ambassadors.
Precision Sourcing have partnered with renowned leadership experts Leading Well. Leading Well’s Career Transition and Outplacement Programs offer a unique end-to-end perspective that supports both the organisation and the individual’s wellbeing. By providing a good ending we ensure a positive new beginning for those leaving as well as those who stay. Whether you are moving people out of your organisation or redeploying your current workforce and managing careers internally, our Transition Services can cater to your requirements.
In partnership with
Recruitment Process Outsourcing (RPO)
Why Consider RPO
Precision Sourcing provide project based RPO solutions whereby an employer transfers all or part of its recruitment processes to us for a specific period of time on a particular project. This allows us as the recruitment experts to deliver an all encompassing recruitment solution focused on value and quality.
You have a large project needing a high volume of resources to be hired within a particular time frame and don’t have the internal capacity and resources. We effectively become part of your business to support your hiring needs.
We deeply understand the markets we operate within and come with the credibility of being subject matter recruitment experts. We already have the technology, processes and framework in place to deliver a world class recruitment solution that provides candidates with a positive and valuable experience.
You can read our recent case study below or watch what our client had to say about a recent RPO engagement. If RPO is of interest then reach out to us here.
Safety
New Psychosocial Safety Responsibilities
Recent changes to WHS legislation have significantly expanded the responsibilities of leaders and boards to include not just physical but multiple dimensions of wellness at work, otherwise known as psychosocial safety. In light of continuous legislative updates, organisations need to not only comprehend their legal obligations but implement/enact proper/thorough due diligence and preventative management as a duty of care.
To enable this, Precision Sourcing have partnered with renowned leadership experts Leading Well who have developed Well@Work – a way for organisations to measure and act positively on the psychological safety of your work climate. The Well@Work assessment tool will not only measure the environment as experienced by your people, but also report on risk factors to satisfy your legal responsibility in creating a healthy space for your people.
Additionally, The Well@Work survey offers an inbuilt assessment of key dimensions related to team and organisational dynamics that are source indicators for performance and wellbeing.
In partnership with
MORE INFO
Introducing Well@Work
Psychosocial safety compliance
Option to include reputable/proven/tradition al engagement measures in a single assessment.
Organisational dynamics
Assess critical organisational and team dynamics to improve performance and wellbeing.
Engagement survey
Assessment tool to measure and meet WHS psychosocial legislative requirements.
What CEOs need to know.
Personal Circumstances
It can be fairly daunting as a contractor trying to understand the correct choice for processing your pay. The good news is, you have 3 choices which all come with a variety of pros and cons depending on your personal circumstances.
- PTY Ltd Company – setting up and running your own company
- Management company – fees associated however the same benefits as a PTY Ltd Company
- PAYG – your recruitment company/agency manages all the administrative duties associated with being a contractor. For Precision’s low payroll processing fee of 1%.
PTY Ltd Company
This option offers a significant amount of control and flexibility however does have some costly fees as you initially process your set up.
Your pay is processed via your own proprietary limited company and involves;
- Working with a reputable and established accountant to set up your company
- Registering for GST
- Procuring and administering Workers Compensation insurance to the relevant amount required
- Acquiring Professional Indemnity and Public Liability insurance (Option to be covered under Precision’s PI/PL insurances for a low fee of 1%)
- Administering your own Superannuation
- Completing BAS statements as required
- Preparing statutory accounts and pay for associated costs
- Contracting under the increasing legislative challenges associated with the 80/20 rule
Management Company
Management companies are a suitable option for contractors who can afford the fees associated and would also like comparable financial benefits of PTY Ltd company’s without having the time-consuming administrative tasks and associated risks.
Contractor Management companies will;
- Provide you with a company tax structure to work under
- Act as your own tax expert
- Take care of all administration and back-office support on your behalf
- Maximise your tax position
- Cover you for Workers Compensation, Public Liability, and Professional Indemnity insurance
PAYG (Pay As You Go/Earn)
PAYG is the right option for you if you prefer the simplicity of having your recruitment company/agency manage all the administrative and time-consuming duties associated with being a PTY Ltd company and don’t want to absorb the higher fees associated with a management company, compared to 1% Payroll Processing Fee charged by Precision.
As a PAYG your recruitment company/agency will;
- Process your pay
- Remit tax as per your pay cycle
- Administer Superannuation to the fund of your choice
- Issue your group certificate
- Liaise with the ATO
- Cover administration costs for Workers Compensation cover
- Administer all Workers Compensation claims
- Administer $10m of Professional Indemnity and $20m of Public Liability insurance
- Pay payroll tax