Data from the US reveals that average weekly earnings over the past 2 years have increased from around US$895 (February 2017) to US$951 in February 2019. This increase reflects an era of confidence and growth since the election of President Trump. Current US average weekly earnings equate to A$1,359, which is below Australia’s most recently… Read More
Egan Associates regularly publishes insights and fields questions from the media in our areas of expertise. Our most recent views can be found below or readers can subscribe to our monthly newsletter, access our latest in-depth KMP Report and download PDF versions of our past newsletters.
In late February the ASX released the most recent edition of their Corporate Governance Council’s Corporate Governance Principles and Recommendations. We note that the recommendations will take effect for an entity’s first full Financial Year commencing on or after 1 January 2020. The link above provides you with the ASX’s full advice. The ASX have… Read More
Trend monthly employment data in January 2019 indicated that employment increased by 24,900 with the number of unemployed increasing by 1,800 though the unemployment rate remained steady at 5.1% as did the under employment rate at 8.3% and the under utilisation rate at 13.3%. Revealing a steady state in the employment market, the participation rate… Read More
Is it time for a new paradigm? Board Remuneration Committees of major companies, of which financial services represent a significant proportion, generally seek information and occasionally advice from consulting organisations in positioning their remuneration strategy.
As a Federal election year, 2019 is likely to see ongoing comment on the equity and equality of pay as the two major political parties seek to identify workplace support for policies somewhat different in character.