In this edition: Employee turnover, a future that works, supporting working parents, workplace giving, gig economy jobs, ACTU change the rules campaign, car expenses crackdown, unpaid family and domestic violence leave
I write this newsletter editorial on the eve of the 2018 Federal Budget. As a remuneration consultant, the Budget is the most important public policy statement of the year. Over the years there have been changes to tax rates, superannuation, HELP repayments, car fringe benefits and salary packaging. Any changes in this year’s budget will be communicated to our NFP benchmarking subscribers in a special blog later in the week.
In this month’s free newsletter, we highlight reports, resources and trends on a range of topics – charity regulation, workplace renewal, supporting working parents, workplace giving, employee turnover, gig economy jobs, car expense deductions, family and domestic violence leave and more.
For some good news and inspiration, read about 720 personal development, ways volunteering improves your health, drives for good pay management and the centre for humane technology.
Julian Keys I Director
Disclaimer: The information provided in this newsletter is made available in good faith and is derived from sources believed to be reliable and accurate at the time of release on the Internet. It is the responsibility of the reader to make his or her own decisions about the accuracy, currency, reliability, and correctness of the information provided.
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You don’t need 360 feedback. What you need for leaders is 720 development.
Kevin Cashman, Korn Ferry, Training Magazine
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ACNC Reports
ACNC is the Australian charity regulator. The commission publishes various reports each year such as The Australian Charities Report, Public trust and confidence in Australian charities and Economic contribution of the Australian charity sector. SalaryOne sources data from ACNC to publish an organisation/finance dashboard for NFP subscribers.
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A Future that Works
A future that works is a campaign to generate change and workplace renewal, headed by Dr Lindsay McMillan, Reventure Ltd. Join the campaign and access reports and resources on Workplace Wellbeing, Industry Insights, CEO Insights (from 50 CEOs), Renewing Australian Workplaces and Delivering Purpose and Meaning (at work).
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Supporting Working Parents
Australian Human Rights Commission website Supporting Working Parents has information and resources for employers and employees. Employer guide to supporting working parents is a quick guide to managing pregnant employees, leave, returning to work, flexible work arrangements and commencing and ending employment. Parents@Work is a business providing working parent programs and resources.
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Annual HR Benchmarking Survey
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In last year’s SalaryOne WA not-for-profit HR benchmarking survey, the median all employee turnover rate was 26.4% (see below). What will the 2018 rate be and how does your organisation compare? Subscribe to SalaryOne benchmarking and participate in the 2018 HR survey to find out.
Topics in the HR benchmarking survey include: workforce profile by gender, age, occupation, length of service; base hourly pay rates; employee turnover; leave accruals; leave conditions; parental leave; corporate services staffing levels; HR software and HR priorities.
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Results are published in an industry summary PDF report and online with organisation-specific dashboards. For a free online demonstration, contact julian@salaryone.com.au or phone 1300 029 421.
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Annual employee turnover rate (all employees), large WA not-for-profit organisations (n=19), March 2017.
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P10 = 10th percentile, P25 = 1st quartile, P50 = Median, P75 = 3rd quartile, P90 = 90th percentile.
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Gig Economy Jobs
Centre for Future Work estimates that Uber-X drivers take home less than $15 per hour after paying Uber’s fees, taxes and the full cost of running their vehicle. The report calls for legislators to move quickly to further investigate the low net incomes of Uber drivers and other workers in digital platform businesses.
Only 4% have a great job
According to a Gallup Report, only 4% of Australians have a ‘great job’ and 29% have a ‘good, not great job’. A great job is a job where (a) a person has 30 hours per week of consistent work; and (b) is engaged in the job. Source: HRM Online
Family and domestic violence leave
Fair Work Commission has provisionally ruled that an unpaid family and domestic violence leave model clause should be introduced into nearly all modern awards. Source: WorkplaceInfo
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Change the Rules
The ACTU is campaigning for changes to workplace rules so that jobs have basic security; to limit and properly define casual employment; a right for regular casual workers to convert to part-time employment; and equal rights for all workers including those in the gig economy. Source: WorkplaceInfo
Car expenses crackdown
Australians rorting work-related car expenses will be targeted by the Australian Taxation Office. Car expense claims account for more than 40% of all work-related deductions. Source: The Australian
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Five Surprising Ways Volunteering Improves Your Physical Health
Joanie Faletto, Curiosity
Helping others doesn’t just put you in a good mood – it can also boost your health.
- It can lower the health effects of stress.
- It reduces the risk of drug abuse.
- It can lower your risk of cardiovascular disease.
- It can lower your risk of death.
- It can release happy hormones.
Many studies show that volunteers have lower rates of depression, higher levels of self-esteem and greater functional ability than those who don’t volunteer.
For volunteering opportunities have a look at GoVolunteer, or contact a local charity or not-for-profit organisation like Befriend in Perth.
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Pay Management: Three Key Drivers
Fairness, Flexibility and Affordability
Duncan Brown, Institute for Employment Studies UK, Feb 2018
Fairness (internal relativities) – Taking account of job content, equal pay issues and grading structures.
Flexibility (external relativities) – Competing for the talent that the business needs in the recruitment market, measured through external benchmarking.
Performance (affordability) – Taking account of achievement of annual objectives and longer-term contribution and potential.
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Our society is being hijacked by technology. What began as a race to monetize our attention in now eroding the pillars of our society – mental health, democracy, social relationships and our children. Centre for Humane Technology
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