- Employers pump $10bn extra into super funds
Australian employers are contributing an extra $10 billion a year into the superannuation accounts of employees, on top of the legally required 9 per cent Superannuation Guarantee (SG).
- Recruitment on the rise in finance and law
Recruitment levels in professional services and finance firms are showing signs of recovery while some industries continue to suffer in the wake of the economic downturn, according to new employment figures.
- Repay low paid workers say Unions
Employees on minimum wage deserve a $27 a week pay rise after unfairly shouldering the burden of the economic downturn, according to the Australian Council of Trade Unions (ACTU).
- Pay inconsistency costing companies thousands
Inconsistency when adhering to pay principles has a dramatic impact on corporate costs and staff retention risks, according to new research published by global HR consultancy Mercer.
- Employers hit by return to work laws
Employers will have to be better equipped to handle staff returning to work from illness and provide better income protection, following a review of Victoria’s workers’ compensation system.
- Making sense of matrix structures
Many organisations adopt the matrix structure in order to benefit from multiple geographies, product lines, customer sectors and services, however, the majority of businesses fail to realise the simplest of efficiencies and economies of scale that they set out to achieve through a matrix structure.