Managing wage risk

In a now almost ritualised gnashing of teeth, business lobbyists descended again on Canberra last week to hear the results of their latest efforts to influence the Fair Work Australia minimum wage determination. A quick read of the report makes it clear that Fair Work Australia is really quite unsympathetic to demands for corporate welfare. … Continue reading Managing wage risk

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Taking the risk out of diversity

The top ranks of Australian big business have garnered a well-deserved reputation for being a boys’ club. In 2011, 250 of the top 500 ASX-listed companies had zero women on their boards. Despite the ongoing lobbying of the Diversity Council of Australia, appointments to directorships at ASX-listed companies have long been the almost exclusive domain … Continue reading Taking the risk out of diversity

The shifting balance of workplace relations

Workplace relations is about to become a lot more important for businesses that are looking to grow, and it has little to do with political sabre rattling from Canberra. The ABS employment figures for February 2012 indicate an unemployment rate of 5.2% unemployment, with an additional 7.3% of people being classed as underemployed, or looking … Continue reading The shifting balance of workplace relations

Off with their heads

Human resources managers can often find themselves in a bind. For a job focused on building teamwork and retaining talent, there sure are a lot of legal regulations. At an operational level, complex policies and procedures can quickly turn HR management into a quagmire. Although in some situations, all of that red tape can truly … Continue reading Off with their heads

Future jobs, innovation, and productivity

The tax forum last week managed to garner a lot of media attention, but I suspect the only outcome anyone will remember was yet another political promise - a higher tax free threshold for personal income tax. In the media confusion of the inevitable political point scoring, missing invitations, and rent seeking - it was … Continue reading Future jobs, innovation, and productivity

Succession planning and the cult of the CEO

When it comes to explaining business success, you usually hear the story of the leader. Western culture has a rich history of story telling - heroes venturing off into the unknown, facing adversity, returning with "unique" and extraordinary new skills. In 1949, Joseph Campbell documented this almost primeval underpinning of our culture in "The Hero … Continue reading Succession planning and the cult of the CEO