Facts and Figures

by 25 Jun 2009

72 % of employers increased Web 2.0 usage since the downturn began

Companies are embracing Web 2.0 technologies such as social networking tools, blogs and webcasts for internal communications and as part of their overall technology mix, according to a new survey by Watson Wyatt. It says 32 per cent have increased their use of webcasts and 13 per cent have increased their use of social networking tools.

25% of companies have no severence policy

Two-thirds of organisations have had to reduce their workforces as a result of the recession. Despite this, one in four organisations does not have a severance policy and 70 per cent of employers with a policy do not plan to modify it, according to Mercer’s US Severance and Strategy Survey.

20% of Australian workers top $1400 a week

More than 19 per cent of Australian employees earned $1400 or more per week in August 2008, according to recently released ABS figures. On average, full-time adult workers – the majority of employees – received total cash earnings of $1258.60 a week. This compared with $964.80 for all employees.

57% of companies plan to increase their focus on employee engagement

Measuring reward programs will be the focus of most companies during the next two to three years, while 64 per cent will also increase their future focus on the motivational value of reward programs, according to a new Hay Group and WorldatWork study.

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