On June 1st 2018 the Fair Work Commission increased the minimum wage by 3.5%.
For a number of reasons, superannuation funds in Australia are providing mixed returns for members.
Remuneration planning over the coming two years
Fair Work Commission’s decision on the minimum wage.
Does top pay attract the most capable?
Tax concessions for major corporations
Board renewal & effectiveness reviews
With comments from proxy advisers, major institutional investors and shareholder activists questioning Directors’ (particularly Chairmen’s) capacity, to serve on more than three or four Boards for which they will often receive more than $1 million in annual fees, the community should not be aggrieved with the level of reward paid to our Prime Minister, our Premiers or our Ministers.
The setting for a June/July Pay Review for those on the minimum wage, those on average weekly earnings, senior professional staff and organisation leadership, is about to become front and centre.