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Welcome to Drake’s Media Releases Page. Here you will find up-to-date press releases and articles Drake provides to the market. Return to this page to find up-to-the-minute thought leadership and research.
Media Release: Can I see your time-keeping records?
From 27 March an Office of Workplace Services Inspector can demand to audit the pay records of any business, at any time, either as a spot check or due to a complaint being investigated. Not having this data will cost employers $2,750 for each employee whose time records are not up to date and accurate. + more
Media Release: Love them or hate them - Generation Y is here to stay
In one of the largest studies conducted on Generation Y in Australia, Drake International has found 86% of Generation Y (born between 1980 and 1994) expect to be promoted within two years, 63% stay less than two years with an employer, and over half (52%) think it’s easy to find a new job. + more
Media Release: Australia’s Ageing Workforce, Labour Shortages Permanent by 2010.
Drake International predicts Australia will face permanent labour shortages across many industry sectors and occupations by 2010, due to the country’s ageing population, making it even harder for HR Managers to fill job vacancies in the future. + more
Media Release: Internet recruitment is about quantity not quality:
A white paper released today by Drake International reveals internet recruitment has not lived up to expectation, with research showing electronic job boards and web sites return disappointing results. + more
Media Release: Australia’s Top 500 companies are wasting millions on flexible staff costs
Drake International reveals Australia’s Top 500 companies inadvertently waste millions of dollars each year on consultants, contractors and other flexible staff, due to a lack of visibility for labour costs at the senior management level. + more
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