Pay rates dropped in 2010 for quarter of 215 job types surveyed in the just released Employers National Wage and Salary Survey. Unskilled jobs have been most affected by the tough economic conditions says David Lowe, employment services manager for the Employers and Manufacturers Association which undertakes the survey. Unskilled job positions averaged 0.1 percent pay decline, semi-skilled pay rates improved little and rates for skilled and management pay increased the most by an average of 1.7 percent. Read more »
Chief executive salaries became political this week, with Finance Minister Bill English wading into Westpac over New Zealand CEO George Frazis’ $5.59 million annual package which makes him the highest paid manager in New Zealand. However, our top pay packages look like fleas on the backside of an elephant in comparison with what big bosses overseas are earning. Read more »
The Department of Labour’s latest Leading Indicator of Employment (LIoE) is forecasting some encouraging, albeit relatively modest, employment growth over the coming quarters. The indicator is forecasting employment will grow between 0.5 percent and one percent per quarter over the next three quarters. Read more »
Over half of all Kiwi employees use social media to promote their personal brand but “old fashioned” verbal communication remains the most important attribute for getting ahead in the workplace, according to the latest national survey from workforce solutions company Kelly Services. The findings are part of the Kelly Global Workforce Index, which obtained the views of approximately 134,000 people in 29 countries, including almost 5000 in New Zealand. Read more »
Want to catch up with why motivation doesn’t have lot to do with money or why our current obsession with social media runs the risk of turning us into bunch of shallow thinking morons? growing resource of enlightening and entertaining video clips – in which an illustrator draws images as well-known speaker presents topic – can be viewed at www.thersa.org. Like the Waiheke Island subscriber who introduced us to this fascinating website, you can go into draw for Flip MinoHD (RRP $379.95) pocket video camera for sharing informative and interesting blogs, websites or online video clips with other readers of Executive Update. Read more »
The Privacy Commissioner has announced his intention to issue a Biometrics Code, has released the Biometric Processing Privacy Code for consultation and is calling for submissions on the draft code
Imagine walking into a store, picking up your items and paying just by looking at a screen. This is already a reality in China thanks to facial recognition payment technology.
It’s a natural human reaction to feel like a victim when change is thrust upon us. A test of character is how quickly you move through the victim stage to