More than half of Australian employees would accept working fewer hours in their next job if it offered greater stability, and nearly two in five would take a pay cut, a national survey has found.
Employers need to stop viewing engagement as "being nice" and start to see it as a way to genuinely drive commercial returns, says RedBalloon CEO and founder, Naomi Simson.
The GFC has caused many baby boomers to rethink their retirement plans, creating opportunities for employers to benefit from their unique knowledge and experience for longer - if they can keep them engaged - says Nola Charkos, corporate consultant for ipac consulting.
The economic recovery will hit employers "like a tsunami", says human capital consultant Anthony Sork. Employers acting too late to stop the exodus of their workers must focus on attaching and on-boarding their replacement recruits.
The downturn will last 12 months longer for organisations that fail to address employee engagement issues now, says TMP Worldwide head of employer branding, James Wiggins.
Australia's low unemployment rate throughout the GFC is attributable in part to HR's greater involvement in business strategy and commitment to minimising job losses, says AHRI CEO, Serge Sardo.
The economy has focused employees' needs for status and equity outward ("Two of my neighbours lost their jobs; I'm just happy to have mine"), but at some point in the near future they'll return their focus inside the four walls of your organisation and you better be ready...
HR managers must have leadership development programs in place for employees or face the risk of losing them when the economy recovers, a new report warns.
Nike is saving at least $US8 million a year after introducing a comprehensive contingent workforce management program, says its former global staffing director, Dan Hanyzewski.
The employers that will get the most benefit from enterprise bargaining negotiations under the new system are those that have a strong handle on the drivers of their business, and who embrace "new thinking and new skills", says workplace lawyer Chris Gardner.
Workplace bullying complaints continue to pose significant challenges for employers, including where the behaviour doesn't meet the legal definition of bullying or the threshold to make a claim. Watch this HR Daily Premium webcast to understand key lessons from cases where bullying complaints interact with other claims and issues.
What constitutes "best practice" when managing neurodiversity at work is evolving all the time. Watch this HR Daily Premium webcast to learn how to embed neuroinclusive practices into HR programs and every stage of the employment lifecycle.