The Digital Workforce 2nd Edition highlights the importance of trust and transparency, wellbeing and a people-first mindset post COVID Global human capital management (HCM) consultancy, Smart WFM , today announced the launch of company founder and CEO Jarrod .
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Avoiding a fall-out from super guarantee increase
A worrying amount of employers are planning to reduce take-home wages to offset the higher super guarantee, research finds.
In an interview with ABC’s 7.30 for The Future of Retirement series earlier this year, Australia’s 24th Prime Minister Paul Keating, who famously introduced the compulsory employer contributions to superannuation in 1992, argued the ideal level of compulsory superannuation contributions is 15 per cent.
“Particularly now, as earnings – yields from shares, yields from equities, and bond yields – have fallen so far, there’s no way a funded 9.5 per cent can give you the kind of accumulation I believe you need. So the answer is 15,” he told host Alan Kohler.