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Australia – Workpac buoyant despite mining sector slowdown

20 August 2013

Workpac, one of Australia’s largest recruitment firms, are reporting record sales as a result of providing a steady labour supply for mines, infrastructure works, and hospitals around the country, according to the Brisbane Business News.

Phil Smart, managing director at Workpac, commented: “There were a few sleepless nights in January but we’re having record sales now, compared to a time before there was any inkling of an economic downturn. In mining, while profits might be down there’s still a lot of dirt to be moved. We’re in the labour supply business and when the climate is doubtful the mining companies come to us to contract out, instead of having their own workforce.”

Mr Smart cites a change in the recruitment industry since the downturn, with firms taking more care to hire appropriate staff rather than filling positions with an attitude that any employee would suffice.

Mr Smart continued: “Our forte is technical recruitment, which is what the health and mining sector both need. In a downturn, the government spends a lot of money on infrastructure and, with an ageing trend in the Australian population, the health market is only going to get stronger.”

According to Workpac’s latest available financial results, sales in 2012 reached AUD 556.7 million (USD 511 million). Research by Staffing Industry Analysts estimates that Workpac has a current market share of 2.9%.

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