Rather than offering more rewards to attract and retain employees, organisations should focus on executing their total rewards strategy more effectively, says Aon Hewitt partner Richard Kantor.
Changes to taxation law that will take effect next week could cause some international employees to pack their bags and head for home, says Randstad Australia and New Zealand CEO Fred van der Tang.
Employers confronted with off-cycle pay-rise requests should balance the need for a timely response with the need to perform due diligence in collecting all relevant information first, says Aon Hewitt head of reward advisory Michelle Reynolds.
Organisations that broaden their view of rewards and understand the actual value employees place on them can get more bang for their buck in terms of engagement, motivation and retention, says Aon Hewitt partner Richard Kantor.
Organisations that leave employee recognition in the hands of managers, without providing them with any tools or support, risk disengaging their staff, according to a new report.
The 14 organisations awarded "Best Employer" status this year have, on average, 79 per cent of their workforce engaged, and distinguish themselves from other employers with five key practices, according to Aon Hewitt's James Rutherford.
Continuing instability in the economy means employers are increasingly relying on the incentive component of remuneration to attract and retain staff, says Mercer head of reward Garry Adams.
