The downturn might be forcing organisations to contain costs, but employers that have seen it all before are continuing to invest in talent management and employee compensation, according to a new Mercer report.
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Women in the most senior HR positions earn just half of what their male equivalents do, an analysis of remuneration in Australia's top 200 companies has found.
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Australian employees are overwhelmingly in favour of working reduced hours if it means avoiding other cost-cutting strategies during the downturn, a survey has found.
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The Federal Government should consider legislative amendments to let employers temporarily reduce workers' base hourly rates so they can ride out the downturn, according to Hicksons Lawyers.
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Employers with limited opportunities to promote ambitious employees should utilise "proxies" that will retain them for longer while developing their skills, says Retention Partners director Lisa Halloran.
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Proposed legislative changes to executive termination payments will scare off the "best and brightest" executive talent, according to McCullough Robertson senior associate Michael Moy.
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Employer groups have welcomed this week's ATO ruling that employers are not required to pay superannuation contributions on overtime earnings.
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The Federal Government's proposed changes to employee share scheme rules could cause the schemes to come to a halt and will have a negative impact on both workers and employers, lawyers say.
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Many employers will be faced with a new battle to retain their best workers after the Federal Government announced plans to invest $22 billion of its 2009/10 budget in the nation's infrastructure, says Hewitt's Australia and New Zealand managing director, David Brown.
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Employers that fail to adapt their motivational tactics to employees' individual drivers risk creating workers who drag down company performance, according to Samantha Hickey, professional services manager at SHL.
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