Published on : Thursday, November 30, 2017
One in three Australian travel and tourism workers is over qualified in terms of their present job. A study disclosed that in Australia over-qualification costs workers A$4 billion nationally every year.
The SkillsIQ’s Right Skills. Right Time? report highlights that 2.5 million Australian workers expend time and money on qualifications which turn out to be useless for their current role.
Currently, SkillsIQ is working in association with many people-facing sectors like the tourism industry to create clear standards to make certain Australians now and in coming days have the right aptitude for jobs.
“In more than half of the people-facing sectors we looked at, anywhere between one in three to more than half of the workers had qualifications they didn’t need and which often failed to deliver the necessary practical skills,” said Yasmin King, chief executive SkillsIQ.
“This over-qualification costs Australians A$3.6 billion annually in foregone income due to time spent in unnecessary study and A$555 million in superfluous tuition fees – that’s a total cost of A$4.1 billion each year.”
“Our research shows that it may not always be the best option for younger people to favour a higher qualification over practical work experience early in their working lives. A hotel receptionist doesn’t need an Advanced Diploma of Travel and Tourism management, they need practical skills,” said King.
In Australian tourism, the average employee turnover rate was 66 percent back in 2015. More than 70 percent of tourism businesses recognized skill deficiencies within their workforce.