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Australia Australia Hikes Minimum Wage in Response to Cost-of-Living Surge As of July 1, Australia’s employees on the minimum or award wage system saw a 5.75% rise in pay to $23.23 per hour, or $882.80 per week.

They shared perspectives on several areas of executive compensation package design, including discretionary versus formulaic incentive plans, alternatives to discretion, the pitfalls of too many metrics and who should be eligible for “megagrants.”

Additionally, creative-driven industries like marketing, interior design or architecture could benefit from this concept, Christen added.

If you order the on-demand webinar after the live event, your 90-day access begins the day of order.

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International Foundation of Employee Benefit Plans and WorldatWork Announce New Partnership Organizations Jointly Producing Education forGlobal Human Resources Professionals November 9, 2023 November 9, 2023 — The International Foundation of Employee Benefit Plans and WorldatWork, the Total Rewards Association, are excited to announce a new partnership on educational initiatives as they join to develop CONNECT, a conference specifically designed for multinational human resources, employee benefits and Total Rewards professionals.

The good news is that there are ways to set apart the challenging aspects and frequent myths in order to objectively determine and deploy a solution that matches your organization’s needs and positively contributes to sales performance.

When partnering on sales incentive design, understand their sales cycles, revenue targets and the key metrics used to measure sales performance (e.g., new accounts, customer retention, revenue generation).; Find Common Ground When working together, find common ground between TR’s and the other department’s goals and objectives.

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Course Managing Global Total Rewards Develop impactful Total Rewards programs designed for workforces across the globe.