A court has awarded a dismissed employee more than $1 million, finding her initial termination payment of just over $50k substantially underestimated her notice-period and long service leave entitlements.
Benefits that support employees' work/life balance are among the three types most closely linked to higher retention rates, according to Mercer research.
Team bonuses can boost employee effort and motivation - but only under certain conditions, according to a study into which financial incentives deliver the best returns.
Fairfax Media's plan to move to performance-based pay among its workforce has the potential to increase its success as a company, but the effectiveness will depend on the details of how it works, says Jairus Ashworth, partner in Aon Hewitt's performance and reward practice.
Rewards programs are the single largest expense item in most organisations, and with executives increasingly scrutinising their ROI, HR must stop guessing the value of these initiatives and start measuring, warns EY partner Richard Kantor.
Both employees and their bosses often underestimate the amount of time and effort involved in post-graduate study, potentially wasting the employers' investment, says Kevin Jameson, the director of Macquarie University's Macquarie Applied Finance Centre.
Which of your organisation's reward programs delivers the highest perceived value relative to cost? Do you know, or are you guessing? Watch this webcast to understand and improve the ROI of your reward strategy.
Large and medium employers should be preparing now to implement the Federal Government's SuperStream reforms, says the ATO's Philip Hind. Here's how you can become ready.
'Hidden demographics' among employees can provide more useful insights into how to create an effective rewards scheme than those most commonly used, according to EY partners Rohan Connors and Richard Kantor.
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.
From August, employees will have a legislated right to disconnect from work. Understand what this means for your organisation by watching this HR Daily Premium webcast.