Rethinking Remuneration at the RCSA Workforce Symposium
Tuesday 18 March 2008
Strategic Futurist Marcus Barber has presented 'The 8 Factors' model of remuneration at the Recruitment & Consulting Services Association 7th Workforce Symposium in Canberra in March. The model, previously appearing in Australia's leading Innovation magazine 'Fast Thinking' provides a means for businesses to think beyond 'cash' as the primary motivator or attractor and
looks to provide greater strategic flexibility for employers and employees by aligning incentive types to the actual needs of the employer and employee. As Barber explains "The trap some businesses fall into is their reliance on just one dominant form of paying employees, yet as retention becomes an area of concern a reliance on just one way increases the risk of employee turnover. The 8 Factors model throws a light on what is really required to keep employees"
At the conference the Minister for Workforce Engagement, Brendan O'Connor detailed some of the new Government's thinking and areas of focus for workforce issues, adding that the Federal Government had recieved hundreds of submissions from all sorts of stakeholders that will be considered as they formulate their go to market strategies for workforce engagement.
In a later session looking at the issues over generational management, Marcus Barber joined Anders Sorman-Nilsson a 'Gen Y' specialist and Mark Heaysman of Diversity at Work for a panel discussion expertly hosted by Peter Couchman with the key take away being: 'Don't put your employees in a box, talk to them how they need to talk to you' and look for ways to foster broader relationships across the so called generational divide
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Monday 27 February 2017
It's been a significantly busy couple of months looking at how Industries and Government Agencies are preparing for change. The Companies versus Climate Change conference in Fort Lauderdale, Florida in November/December, and a meeting with the Political Science Department at the University of Hawaii (Manoa) in January show that positive action is happening, despite some of the headlines
Saturday 31 December 2016
Many of you know that each year I make an observation about what I think the year will bring. The track record suggests I'm usually a couple of years ahead of the curve. With that said I'm calling 2017
Monday 12 December 2016
In Ft. Lauderdale USA I recently attending a delightful provocatively named 'Companies Versus Climate Change' conference. And the message is clear - companies, BIG well known companies are tackling the issues of climate change, sustainability and their carbon footprints and both making and saving VAST sums of dollars. The simple take away message from the presentations over the three days could not have been more explicit - tackling climate change pays off big time!