The professional services sector is large and diverse and employs over 1.14 million people in Australia. It encompasses industries such as legal and accounting services, building and construction, business management services, and much more.
The sector is experiencing fast growth due to digital innovations and a greater willingness to have non-core work done by external providers, but its future is tied to economic stability and consumer demand.
This fact sheet takes a look at the industry challenges in the professional services sector, such as:
- Rapid industry growth
- Competition for skilled workers
- Economic uncertainty
- Impact of COVID-19
and which ELMO solutions can help address these challenges.