ARTICLES

Myth Busting in Aged Care

I had the pleasure of attending the LASA national congress recently, and I’ve summarised what I learned as follows: 1.      Longevity risk Longevity may pose financial risks by stretching retirement savings to the limit, but it does not necessarily increase healthcare costs. On average people get sick during the last five years of life. Longevity simply […]

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It Pays to Know

Arguably, in house remuneration expertise is more important to Australian listed public companies than ever. Successive changes to legislation, ASX guidelines, shareholder expectations and the views of professional bodies, proxy advisors and others have made it harder for directors to maintain the currency of their knowledge. Simultaneously, the scrutiny of remuneration governance and outcomes by […]

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Building Remuneration Frameworks

HR is occasionally asked by their clients to revise the framework used to manage fixed remuneration. Such requests can arise for a variety of reasons, and some of these reasons can relate to the framework itself – as opposed to, say, ham-fisted management driving away good staff. The framework may be too restrictive in not […]

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An item for the next VPS Commissioner’s to do list

Approximately one year ago the Secretary of the Victorian Department of Premier and Cabinet announced the Premier’s decision to remove performance related incentive payments from the VPS Executive Officer employment and remuneration policies. The rationale cited for this decision was that VPS EO bonuses were generally not effective in driving performance and that the global […]

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Legacy

I’ve started to think more about my legacy. This might sound morbid, but it shouldn’t. I’m not worried about my eventual demise. Nor am I a hypochondriac. Instead, I’m concerned about the impact – short and long-term – that I have on those with whom I work. An esteemed colleague wrote recently about the underpinnings […]

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The Vision Thing

One of my earliest memories is sitting on my father’s shoulders as he walked me around the University of Melbourne. I didn’t quite know what I was looking at, but I did get the message that this was a place where I needed to be when I was older. No surprise then that I took […]

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The Science of Potential

One of my first roles in HR was managing recruitment for the Australian subsidiary of a global oil company, and my stakeholders included the Marketing Director. He was a tough, smart and successful person who always seems to know exactly what he wanted. So when he asked me to find him people with ‘fire in the […]

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Ramadan in Riyadh

Ramadan comes from the Arabic root ramiḍa, which means scorching heat or dryness. True to form, the temperature reached 47 degrees centigrade in Riyadh today, and it’s bone dry. The only other place I know of that’s comparable is Longreach in Queensland, unless you’re prepared to stick your head in an oven. Ramadan requires that no food […]

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Machinery of Government

Public sector executives and employees know that their organisational milieu is subject to frequent change. These changes are often referred to as Machinery of Government changes, and the acronym ‘MOG’ evokes a range of associated thoughts and feelings. The negative end of this spectrum of thoughts and feelings includes fear of job loss, frustration associated […]

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