- Workers stay put, but not out of loyalty
Australian employees are staying in their current jobs in what’s become the lowest level of mobility seen in the past year and a half – but employers are warned it’s largely due to low confidence, not high engagement.
- Mature-age workers bowing out early
The latest figures from the Australian Bureau of Statistics (ABS) have shown that while the unemployment rate has been maintained at 5.3%, labour force participation has decreased by 0.3% – more people are simply giving up or bowing out of the labour market.
- HR failings contributed to retail slump
HR is failing to engage retail workers, and this has had a damaging impact on business throughout 2011.
- Internal talent movement to increase
To overcome the skills shortage forward thinking employers are increasing their focus on internal mobility and succession planning, and turning to their HR departments to develop and retain talent, a leading recruiter has said.
- Employers offering 4% pay increase in two-speed economy
Australian employers have offered employees a median 4% pay increase in the 12 months ending in July this year, compared to 3.5% in the previous 12 month period.
- Employers not priming employees for future success
A new report has indicated that 58% of Australian employees don't believe employers have groomed them for future success, by providing additional skills training and career development opportunities.