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.
Employers that fail to adapt their motivational tactics to employees' individual drivers risk creating workers who drag down company performance, according to Samantha Hickey, professional services manager at SHL.
Google is famous for its employees perks but they're not what keeps it attrition rate around two per cent, says Sue Polo, director of HR - engineering and operations.
With nearly four in five employees believing they will receive a pay rise in the next 12 months - and more than a third also expecting a bonus - employers must be open and realistic about remuneration this year, says Randstad CEO Debra Loveridge.
Costly legal disputes continue to highlight the many risks employers face when managing, disciplining, or dismissing employees while they are absent, injured or incapacitated. Attend this webinar for an up-to-date review of the legal framework applying to workplace absenteeism, injury and incapacity, and lessons from recent case law.
