In a time of booming commodity prices, salaries in the resources sector have risen at a faster rate than for any other industry. However, there is a significant pay gap between male and female professionals, with males earning almost 25 per cent more than their female counterparts at senior management levels, according to a recent salary survey conducted by The Australasian Institute of Mining and Metallurgy. “It is clear that encouraging gender diversity is about more than just increasing the number of young women professionals getting through the door,” said Monika Sarder, senior policy and research coordinator at the institute.
Recruiters needed in Shanghai
Shanghai’s booming economy means demand for staff is high, but it is recruitment consultants who are in most demand to help the myriad of Shanghai employers source the staff required, according to Hays. “Accelerated career prospects, which are aligned to the speed of growth in China’s economy, is the number one advantage,” said Emma Charnock, regional director of Hays in China. “Add to this a very young developing recruitment market and you have numerous opportunities for aspiring recruiters wishing to make their mark.
AICD welcomes revised ASX Corporate Governance Principles
The Australian Institute of Company Directors (AICD) welcomed the revised Corporate Governance Principles and Recommendations, recently released by the ASX Corporate Governance Council. The revised principles are a distinct improvement for company directors, with some potentially counterproductive and onerous revisions proposed in the exposure draft being excluded from the final version, according to Ralph Evans, CEO of the AICD. “The reduction in red tape acknowledges the common interest in preventing any increase in the regulatory burden on companies and directors,” Evans added.