WHAT’S IN IT FOR ME?
In any national budget, the immediate instinct for individuals is often the question – “what’s in it for me or my business?”
Take the SkillsFuture funding programme as a case in point.
Most workers see it as an almost free way to acquire new skills. With additional insights and applications, some might assume that jobs will be guaranteed, with employers beating a path to their doors.
Yet, it’s really the actual employment that matters. Jobseekers must still put in the effort to market themselves and secure opportunities.
At the same time, employers too must realise that perfect job matches are rare in a rapidly changing world where the landscape shifts more in tandem with global trends than the narrower job-specific local environment.
So even with all the governmental incentives, it’s not a skills-for-free soup truck. The softer behavioural aspect for both workers and employers is often more crucial for the hard matching of jobs with skills.
Similarly, let’s look at the range of personal vouchers and rebates.
These are one-off benefits that should be seen as the exception rather than the rule. Individuals cannot expect them to be a permanent fixture. Likewise, businesses that benefit from such schemes cannot assume that increased sales will last forever.