Pay alignment: Fact or fallacy? The project will make an important contribution to our understanding of the impact of employee pay system configuration on firm performance and, in turn, on national productivity and Australia's social and economic fabric. The findings will enrich pay system theory and guide evidence-based improvement in firms' pay practices. It will help employers to identify the most contextually appropriate and effective ways to manage pay level, structure and plan choice and t ....Pay alignment: Fact or fallacy? The project will make an important contribution to our understanding of the impact of employee pay system configuration on firm performance and, in turn, on national productivity and Australia's social and economic fabric. The findings will enrich pay system theory and guide evidence-based improvement in firms' pay practices. It will help employers to identify the most contextually appropriate and effective ways to manage pay level, structure and plan choice and thus to design pay systems that employees in different workplace contexts perceive as fair and that enhance organisational performance and ability to attract, motivate and retain high calibre staff.Read moreRead less
Measuring and managing the intellectual capital of the ageing workforce. Many employees are retiring prematurely, placing increasing strains on the social security system. Moreover, their accumulated competencies, expertise, and organisational corporate wisdom (intellectual capital) may be lost. There is a growing recognition that much of the wealth of organisations resides in their intellectual capital. This project will develop a methodology to measure intellectual capital and will increase un ....Measuring and managing the intellectual capital of the ageing workforce. Many employees are retiring prematurely, placing increasing strains on the social security system. Moreover, their accumulated competencies, expertise, and organisational corporate wisdom (intellectual capital) may be lost. There is a growing recognition that much of the wealth of organisations resides in their intellectual capital. This project will develop a methodology to measure intellectual capital and will increase understanding of how companies can retain it. Potential long-term benefits include more efficient management of intellectual capital and enhanced retention of mature workers, with consequent savings in social security. The project will be benchmarked against similar developments in other countries.Read moreRead less