Human resources and remuneration specialists in listed companies have an important role to play in educating stakeholders about their pay strategies, says Mercer Australia head of executive remuneration, Christine Deveney.
Five characteristics of good leaders make it imperative to ensure more women reach senior positions in organisations, says experienced board member Anna Booth.
Aside from the moral imperative, there is a strong business case for organisations to constantly foster an ethical culture, according to Institute of Executive Coaching director of education, Dr Hilary Armstrong.
The more resilient employees are, the more likely they are to "survive and thrive" in today's increasingly complex world, according to organisational psychologist Kathryn McEwen, who says that although some workers are born more resilient than others, the ability to "bounce back" from adversity can be developed.
A summit has recommended gender diversity targets - and short timeframes - to address the paucity of women in senior leadership roles, and warns that if these measures fail, "quotas could be just over the horizon".
Employers that let management, rather than the board, "drive and manage" executive remuneration could face criminal penalties following recent changes to federal legislation, says Mercer Australia head of executive remuneration Christine Deveney.
Some stress is destructive and unnecessary, but not all stress is bad - in fact, a certain degree is a necessary part of being a leader, says Melbourne Business School leadership expert Richard Searle.
Employers seeking to fill critical leadership gaps must avoid taking applicants at face value, and "push harder" to obtain solid evidence of claimed competencies, says leadership consultant Gerry Davis.
Some employers have successfully stepped up to the task of managing psychosocial safety, but in many other workplaces, initiatives are falling flat. Join us for an HR Daily webinar to understand what's holding back progress in this critical space and how to move forward.
