Minimum Wage Increase From the first full pay period on or after 1 July 2023, the National Minimum Wage will be adjusted. The new minimum wage will be $23.23 per...
With the many businesses still suffering from the fallout of the Great Resignation, employee attraction and retention have never been so critical. In the past, job security and compensation seemed...
This year has been quite turbulent for many businesses, with many deciding to pause salary increases for the year, or in some cases, coming to agreements with their team to...
The way your team are remunerated can play a key role in your company’s ability to attract and retain quality talent. And whilst we are entering into a period where...
Can you believe that we have just passed through another End of Financial Year? Looks like we have approached the time of year that many business owners and CEOs dread...
As a result of this year’s Fair Work Commission review, minimum wages in Modern Awards and the national minimum wage will be increased by 3.3% as of the first...
In our last newsletter, we raised the question of “Are You Overpaying Your Employees?” (click here if you missed it). It was a great read about incentive programs, and how...
We all know how employee salaries and incentives used to work. Company X would hire John, and they would agree on an annual salary for the position. It was so...
In some cases, yes they can! Until this year, very few employees were able to ‘cash out’ their annual leave entitlements under the Fair Work Act – however recent reforms...
As we approach the time of year that many business owners and CEOs dread, I start to hear more and more nervousness surrounding the salary review process. This is caused...
Context: Our client is a mid sized business with a number of key management staff they wish to retain over the long term. The Issue: The current incentive schemes do...
The topic of bonus and incentive schemes and how they apply to employee behaviour is a complex one. To understand this fully, it is important to consider the impact of...
We all intuitively know that money is not the only thing that motivates people, and in fact for many people it is not in their top five. We also know...
It’s hard to believe that Christmas is only 7 weeks away – so if you haven’t started planning your staffing requirements yet, now is the time to start! This week...
It’s something that every Manager has had to face at some point their career – that moment when an employee sits down and asks for a raise. Now in a...
