A reward and recognition overhaul has cut employee turnover in half at a global technology giant - "virtually overnight" - its HR vice president told delegates at a Sydney seminar this week.
HR managers should put in place strategies to encourage "passively engaged" or "flight risk" employees to share in the company's visions and goals, rather than investing in the small proportion of workers who don't want to be there at all, Westpac's strategy and metrics manager says.
Replacing employee commissions with team bonuses and implementing "Ten Commandments" has pushed employee engagement through the roof at online learning company Learning Seat, says its chief executive officer.
Now is the time to give top priority to strategic talent management, because the economic uncertainty provides opportunities for smart organisations to grow, human capital advisors say.
Australian finance professionals fleeing the UK downturn are returning to the "great unknown", with local skilled vacancies plunging to a 15-year low, according to a business-to-employee communications expert.
Businesses demanding more from their HR function should hire professionals who are "credible activists" and "have attitude", according to an international study.
Concealing a company's shaky financial position from employees during the economic downturn could be grounds for an unfair dismissal case should redundancies ensue, according to a workplace lawyer.
High individual and team morale - or a positive "work team climate" - underpinned by supportive, balanced leadership, is the key to preventing workplace-related psychological injuries, according to Health Service Australia's director of psychology, Dr Peter Cotton.
Australia is among the OECD countries least affected by the global economic crisis but should expect a modest increase in unemployment in 2009 and 2010, according to the Organisation's latest forecast.
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.
