Business managers should be encouraged to "own" remuneration decisions, but they often need lots of training and prompting before they do, say two HR leaders.
HR professionals with strong analytical skills, and particularly those working in change management or compensation and benefits, will find it easiest to move into new roles this year, say HR recruitment specialists.
The support HR gives to operational managers can have a significant impact on customer service, and ultimately profits, says Hilton Australasia's regional HR director, Richard Todd.
Understanding just a few key principles of neuroscience can help managers motivate their teams to better performance, says EnHansen Performance senior coach and facilitator, Kristen Hansen.
Employers that fail to address the "trust" issues holding back flexible work adoption will find themselves struggling to attract and retain staff over the coming years, says Sage MicrOpay managing director, Craig Osborne.
If economic conditions improve significantly next year employers will have a battle on their hands to retain their staff, says Mercer head of human capital, Rob Bebbington.
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.
Once an employee reaches the point of requesting a pay rise, it's often too late to retain them, according to Learning Seat chief executive Tim Legge, who says that if a high-risk employee needs to initiate an increase, "you're probably doing something wrong".
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.
