2016 cwi infographic_australia
TRANSCRIPT
Global CWI Ranking
Regional CWI Ranking
16th 8th
The Contingent Workforce Index (CWI) measures the relative ease of sourcing, hiring and retaining a contingent workforce in competing labor markets. The CWI draws from 50+ country data points for 75 countries to assign a numerical value that represents the relative difficulty of entering one labor market versus another. Countries with the highest rankings offer the most ideal workforce conditions for contingent labor. Find out more here at www.manpowergroup.com.
© ManpowerGroup Contingent Workforce Index 2016
A relative comparison of how restricted the terms and practices of contingent workforce engagement are based on a standard set of regulations
WORKFORCE REGULATION RANKING
A relative comparison of the potential productivity of a workforce based on the amount of hours an employer can pay a worker at base pay
WORKFORCE PRODUCTIVITY RANKING
A relative comparison of wage, benefits, tax and operations metrics to suggest potential cost efficiency
WORKFORCE COST EFFICIENCY RANKING
A relative comparison of the current skilled contingent workforce in each country and the likely sustainability of that workforce based on emerging and aging workforce trends
3RD
68TH
8TH
31ST
WORKFORCE AVAILABILITY RANKING
Max Contract (Single)
Labor Market Efficiency
Average Minimum Wage
Severance
Public Holidays
OT Premium
Notice Period
Standard Work Day
Parity (Full, Partial, None)
Average Monthly Wage
Total Workforce
12.6Millions
5.0USD Thousands
None
4.5
Unemployment Rate
5.7%
50%
1.0Day
7.6Hours
Estimated # of Skilled Contingent
Workers
0.7Thousand
13.33USD
4.0
7Days
English Proficiency
97%
None
Age Dependency Ratio
22.1%
5 +5+5+5+5+5+5+5+5+5+5+I
7.2Market Maturity
5 +5+5+5+5+5+5+5+5+5+5+I
8.2Regulation
AUSTRALIA