In difficult economic times employers must ensure they balance shareholder concerns about executive pay with the need to attract and retain talent, says Yolande Foord, executive remuneration leader at Mercer Australia.
Employers that gather and accurately interpret workforce data before resorting to massive job cuts can avert unnecessary workplace upheaval and save big bucks in future recruitment costs, according to Qantas workforce analytics manager, Nathan Carbone.
Effective talent management involves thinking more than two years ahead, aligning talent strategies with the organisation's long-term goals, and holding executives to account, according to a new study from Hewitt and the Human Capital Institute.
Employers that fail to retain employees beyond their graduate recruitment program and promote them into management roles are not achieving a reasonable return on their investment, according to Onetest CEO, Steven Dahl.
Women in Australia continue to face barriers to their involvement at board level and are under-valued as non-executive directors, according to a new report that says the "fundamental" deficiency is failing to train, develop and mentor women early in their careers.
Employers can expect to lose profits or even be forced out of business if they don't have in place a thorough and systematic succession plan, according to the group marketing director of a human resources management service.