Executive bonuses will tumble and "people factors" come to the fore as leading employers emerge from the global financial crisis, according to a new book on organisational change.
A formal attendance management policy can help employers reduce absenteeism and alert them to the workplace factors that affect absence rates, according to a new report.
Employers that fail to treat staff with compassion and tact during the economic crisis will see their talent flee when the economy turns - and it will turn within 12 months, says Team Leaders managing director, James Adonis.
A single recruit can cost a company more than $100,000, and employers are at risk of squandering that investment if the new hire doesn't feel "attached", says Sork HC managing director, Anthony Sork.
Leaders who believe they can cease efforts to keep employees engaged during the downturn risk damaging their company's financial performance, according to Gallup research.
Employers that align their external and internal brand message by engaging new hires and turning them into company advocates can expect productivity to increase by up to 30 per cent a year, according to an HR analyst.
Employers should stop thinking about recruitment and retention with a "war" mentality, and approach talent mobility with a new mindset, according to Melbourne Business School's Dr Ian Williamson.
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.
Employers can expect a sharp increase in requests for alternative working arrangements as new legislation aimed at employees with young kids "formalises" and "normalises" flexibility across the board, according to employment lawyer and consultant, Juliet Bourke.
Australian HR departments are struggling to meet the challenges created by recession-driven cost-cutting with fewer resources and less control over decision-making, a new study confirms.
The laws around engaging casual and contract workers have changed drastically this year. Understand how this affects your organisation by attending this HR Daily webinar.
It's always important to review and update employment contracts, but this is especially so following the raft of legislative changes over the past year. Watch this HR Daily Premium webcast to learn key areas to look out for.