Archive for July, 2009
A slow-burning fuse
STOP thinking for a moment about deep recession, trillion-dollar rescue packages and mounting job losses. Instead, contemplate the prospect of slow growth and low productivity, rising public spending and labour shortages.
These are the problems of ageing populations, and if they sound comparatively mild, think again…
Increase in Age Pension eligibility
Posted by Alison in Commentary on July 22nd, 2009
As has been widely reported of late, the qualifying age for the Age Pension was pushed back in the latest Federal Budget. We have been asked for clarification on this by many of our clients and candidates, so here are some simple pointers…
- The current qualifying age for the Age Pension is 63.5 for women and 65 for men
- By July 2013 the qualifying age for women increased to 65
- Commencing in 2017 the qualifying age for both men and women will begin to transition to 67
- This will be achieved by increasing the qualifying age by 6 months every 2 years so that on 1 July 2023 the qualifying age will be 67
- This will also apply to eligibility for the Commonwealth Seniors Health Card
Hope this helps!
Get Email Updates of SageCo Talk / Entries (RSS) and Comments (RSS)
Inviting performance feedback the key….
Posted by Catriona in Commentary on July 27th, 2009
I’ve just read one of the most refreshing articles about performance management that I’ve seen. We often lament that the success of innovative programs in organisations is limited by the fact that the performance review system is truly broken. Adopting the simplicity of the approach described in today’s HR Daily could save organisations thousands (and even do some consultants out of a job!)
I particularly like this paragraph:
(The) performance review must surely be one of the most sacrosanct of all business processes, “because it remains an unchanging feature of the majority of organisations despite its cost, limited value and almost universal ridicule”.
And I like this suggestion:
Winter says the fundamental premise of giving feedback is “wrong” and that the focus should instead be on inviting feedback.
Becoming confident in inviting feedback requires an ability to accept information in a way that encourages people to keep the feedback coming, he says.
“It is amazing to see how the fear of feedback subsides and the truth emerges as people get more skilled and comfortable in inviting feedback instead of having the pressure to push feedback on to others,” he says.
In our five years of working with organisations, we’ve found in all of our programs that people are simply not having the conversations that matter in the performance review process. Imagine – 30 to40 years of working and not having a conversation that really created a positive and productive future. Thanks HR Daily for my morning inspiration.
No Comments