For businesses today, compliance is not enough when it comes to student placements; it is about developing real skills, cultivating employability, and matching students with industry needs. SkilTrak for Industry Partners provides real value here.
SkilTrak is not just about compliance and treating placements as a tick-box activity; it is about organisations collaborating with top students, automating compliance, and building sustainable talent pipelines to shape tomorrow's workforce.
Why Industry Partners Like SkilTrak
Quite often, for businesses, sponsoring student placements is regulatory compliance under Vocational Education and Training (VET) and Registered Training Organisation (RTO) requirements. It is only when placements are seen strategically and systemically that they provide a more significant opportunity. They provide businesses with the opportunity to help develop the next generation of skilled workers, influence the outcome of training, and provide solutions to existing skill gaps in their sector.
SkilTrak makes it easy and efficient.
With our placement management platform, industry partners can easily:
- Find students from the best training providers - You'll be able to find learners who are aligned with your industry.
- Track placement hours and progress in real-time - You will know your placements are running smoothly, and you don't have paperwork to lose.
- Instantly produce audit-ready compliance reports - Gain time while also fulfilling your VET and RTO compliance obligations.
- Assure that your placements are aligned with workforce skills shortages - Hiring the right talent for today and into the future.
It is that unique combination of compliance and able workforce alignment that continues to grow the popularity of businesses switching to using SkilTrak.
The Business Case for Student Managed Placements
Historically, businesses have viewed student-managed placements as an overload of compliance. Generally, businesses just feel they are providing supervision and not really gaining much at all! However, where businesses effectively manage student placements, they can create win-win outcomes.
• For students: they will get a chance to see a workplace environment, build relevant trade skills, and develop employability skills.
• For businesses: they will have a chance to 'test' potential employees in an actual work environment, and be able to address skill shortages and develop their influence over how we grow the next workforce.
By using SkilTrak, industry partners are able to transition placements from a compliance activity to a true strategic workforce development tool.
Benefits of Working with SkilTrak
When businesses partner with SkilTrak, they are gaining access to more than just students; they are gaining access to future employees. SkilTrak is designed to support industry partners at every stage of the process:
Filling the Skills Gap: It is difficult for many industries to find qualified workers. By utilising student placements to train the students, businesses are filling the gap.
One Entry of Data: Every placement activity and record should only take one entry of data and go through complete administrative procedures, with minimal duplication of effort.
Talent Pipeline: Using student placements is a proven way to identify, train, and retain future employees. As businesses build pipelines, they will be able to ensure future sustainable growth.
In short, SkilTrak makes placements not just manageable but valuable to the business.
Beyond Data Collection: Professional Workforce Development
While many traditional placement systems address compliance as the key consideration, SkilTrak goes much further. Our platform can track many key measures, including:
- Student productively contributing in real workplaces
- Industry relevance of training/qualifications
- Measurable outcomes for both the student and businesses
We strive to ensure that every placement builds upon the bigger picture, a future-ready workforce.
When your business collaborates with SkilTrak, it is far more than simply supervising students. It is an investment in the next generation skilled workforce, actively contributing to building a workforce that meets your organisational goals.
How SkilTrak Facilitates Collaborations through Industry Partners
Another important consideration for the workforce is the role of SkilTrak as a conduit between industry partners, training organisations, and students. SkilTrak allows for:
Open and visible communications with all parties
Continuous reporting/updates on placement progression
Shared responsibility for compliance and skills development
This collaborative environment ensures mutually beneficial outcomes, students learn, businesses grow, and training organisations can achieve their own outcomes.
SkilTrak is fusing silos, enabling greater collaboration and, above all, compliance and relevancy to industry and workforce need processes.
Tackling Future Workforce Challenges
Australian industries are under tremendous pressure from digital transformation, skills shortages, and changing workplace requirements. Employers need flexible, work-ready talent that can immediately add value to their business.
SkilTrak supports businesses to tackle these issues by:
- Connecting you with talented and motivated students
- Providing the tools to assess performance beyond hours and attendance
- Helping you create long-term talent acquisition and retention strategies
This means not only does your business keep moving forward with changes, but it is also preparing for them.
The Return on Investment of Industry Placements through SkilTrak
Adding student placements to your plate may feel like an added burden, but through SkilTrak, this provides ROI. Consider:
Lower recruitment costs: As students are trained in placement, businesses can identify quality talent early, saving on recruitment!
Reputation of the listed brand: A business committed to developing students is credible in building its brand as a desirable employer.
Stable workforce: The workforce pipeline of trained, workplace-ready, genuine students reduces churn and may lead to longer-term workforce solutions.
All of this provides compliance, lower costs, and workforce investment, providing high market value when working through SkilTrak.
Partner with SkilTrak for More Than Just Tick-Box Placements
Student placements are no longer simply a compliance obligation. For organisations addressing skills gaps, providing real employability options, and developing a high-quality talent pool pipeline, SkilTrak relocates student placements to the realm of strategic advantage. Industry partners of SkilTrak are not just getting student placements; they are creating future employees, and breaking from compliance means organisations can invest in tomorrow's workforce today. If your organisation wants to move beyond tick-box placements and build a future workforce with skilled, valuable employees, then work with SkilTrak and use student placements as a mechanism to make long-term investment value.
