HR managers who believe that retention and hiring become less of an issue during an economic downturn are making a costly mistake, according to a Taleo white paper.
The downturn might be forcing organisations to contain costs, but employers that have seen it all before are continuing to invest in talent management and employee compensation, according to a new Mercer report.
Women in the most senior HR positions earn just half of what their male equivalents do, an analysis of remuneration in Australia's top 200 companies has found.
Australian employees are overwhelmingly in favour of working reduced hours if it means avoiding other cost-cutting strategies during the downturn, a survey has found.
The Federal Government should consider legislative amendments to let employers temporarily reduce workers' base hourly rates so they can ride out the downturn, according to Hicksons Lawyers.
Employers with limited opportunities to promote ambitious employees should utilise "proxies" that will retain them for longer while developing their skills, says Retention Partners director Lisa Halloran.
Proposed legislative changes to executive termination payments will scare off the "best and brightest" executive talent, according to McCullough Robertson senior associate Michael Moy.
The Federal Government's proposed changes to employee share scheme rules could cause the schemes to come to a halt and will have a negative impact on both workers and employers, lawyers say.
Many employers will be faced with a new battle to retain their best workers after the Federal Government announced plans to invest $22 billion of its 2009/10 budget in the nation's infrastructure, says Hewitt's Australia and New Zealand managing director, David Brown.
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.
