Employers need to stop viewing engagement as "being nice" and start to see it as a way to genuinely drive commercial returns, says RedBalloon CEO and founder, Naomi Simson.
The employers that will get the most benefit from enterprise bargaining negotiations under the new system are those that have a strong handle on the drivers of their business, and who embrace "new thinking and new skills", says workplace lawyer Chris Gardner.
Employers that restrict the influence executives have on their own pay packets can avoid being "tarred with the same brush" as organisations perceived as rewarding failed leaders, the Productivity Commission says, but it has rejected a push to cap executive pay and bonuses.
Changes to the 457-visa scheme are mostly in favour of 457 holders, and will disadvantage employers that have relied on on-the-job training, according to Acacia Immigration Australia director, Mark Webster.
Employees who don't feel they receive managerial support or monetary rewards in line with their efforts are more likely to suffer from stress, physical injuries or even heart attacks, an academic warns.
Employers can generate up to 400 per cent return on talent investment by including as many of the "nine key performance factors" in their performance management systems as possible, according to the authors of a white paper.
Senior executives at some of Australia's top listed companies received increased short-term incentives - such as cash bonuses - in lieu of long-term incentives for performance over the 2008/09 financial year, a Mercer survey reveals.
The laws around engaging casual and contract workers have changed drastically this year. Understand how this affects your organisation by attending this HR Daily webinar.
From August, employees will have a legislated right to disconnect from work. Understand what this means for your organisation by watching this HR Daily Premium webcast.
