A Decade of Change in KMP Rewards
The decade since the Global Financial Crisis can be regarded as one of considerable change in relation to incumbency and reward.
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KMP Report : Improved Wage Outcomes Through Profit Share Innovation and Tax Reform
Issue 22 – February 2018 Contents Wages & Employment Recent Profit Growth Sector Variability Future Profit for Sharing Conclusion Wages & Employment In our January Newsletter we highlighted the workforce setting in Australia with a number of international comparisons regarding recent wage increases. The latest Average Weekly Earnings (AWE), and Wage Price Index (WPI) figures… Read More
The Agenda
Since 1994, following the recession conditions of the early 90’s, there has been progressive growth in the size of the Australian employment market. Data released on 16 November 2017 by the ABS reveals that the jobless rate in October has dropped to a five year low.
The Dilemma with Incentive Structures
An important role for the Board Remuneration Committee is to establish clarity with executives and shareholders around the primary levers that would support additional remuneration for key achievements during a Financial Year. What has emerged in recent years are concerns expressed by shareholders around the level of annual incentive payments, the performance criteria supporting incentives,… Read More
Australian Companies Lack Asian Skills
Australia is lacking in Asian skills, which is holding businesses back. The two main skills that Australia lacks are being fluent in Asian languages and having knowledge of the regions markets.