Earlier this month the Productivity Commission released its draft report on the workplace relations framework, which contains a number of recommendations for improvement.
SEC Approves Pay Ratio Disclosure Rule
Almost two years after its initial proposal, the United States and Securities Exchange Commission (SEC) has approved a rule that requires a public company to disclose the ratio of pay of the CEO to the median compensation of its employees.
Gender Pay Equivalence
While equal reward for equal work represents a desirable social policy, measuring equality of both inputs (accountability and working conditions) and outputs (the value of experience, competencies and performance) adds complexity which must embrace acceptance of a limited differential favouring either gender.
ESS Tax Changes Passed
The Australian Senate passed changes to the taxation of employee share schemes (ESS) on 25 June with no amendments.
Minimum Wage to increase by 2.5% on 1 July 2015
The Fair Work Commission has awarded an increase to the minimum wage of 2.5%, or $16 per week, bringing the minimum wage to $656.90 per week.
Federal Budget Snapshot
Our snapshot of the Australian Federal Budget from a remuneration and governance perspective.
Australia’s Economy Weighs on Minimum Wage Decision
Initial submissions to the Productivity Commission’s review of the workplace relations framework have already presented perspectives on Australia’s future workplace relations environment.
Battlelines Drawn for Workplace Relations Review
Initial submissions to the Productivity Commission’s review of the workplace relations framework have already drawn battlelines for the fight over Australia’s future workplace relations environment.
Issues Paper Summary for the Workplace Relations Review
Egan Associates provides a summary of the issues the Productivity Commission plans to cover in its review of Australia’s workplace relations system.
An Executive View of Penalty Rates
Whether or not they are paid a premium for it, working unsociable hours has become a reality for many Australians and indeed employees around the world.