Author: Barry Scott / Published Date: 10 October 2011
Categories: Events, Novated Leasing, Consultancy
From 18th – 20th October, professionals from around the country will gather at Remuneration and Reward 2011 in Melbourne to share ideas, perspectives, and strategies to drive organisational performance through remuneration and reward planning.
Key speakers include:
- The Treasury
- Hon David Bradbury MP, Parliamentary Secretary to the Treasurer
- Air New Zealand
- Colin Usherwood, Remuneration Manager
- Lend Lease
- Sabiha Vorajee, Compensation and Benefits Manager
- Johnson & Johnson
- Sarah McKensey, Total Rewards Manager
- IAG
- Semu Musson, Senior Manager, Performance & Reward
"This conference is a great opportunity for
R&B professionals to come together and share their best practice
information and keep abreast of the latest trends in R&B in a
rapidly changing landscape."
Natalie Inglis, Compensation and Benefits Manager
Goodyear Dunlop Tyres
Autopia of course, will be there too. In fact our very own Greg Parkes will be addressing the delegates on day one.
If you would like to attend the conference, just call Linda on 02 8307 5558 and she just might be able to organise a discount for you.
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Author: Barry Scott / Published Date: 12 July 2011
Categories: Events, Novated Leasing, Consultancy
The recent FBT budget changes represented the biggest change to the vehicle salary packaging industry in almost 25 years.
Although a shift in the landscape like that generates a lot of work for an organisation such as ours, it was an exciting time.
“We love that the tax office has given us some new rules
to play with.”Jeffrey Morton, Managing Director, Autopia
The culmination of all of that work was the development of two new strategies that organisations can use in order to take advantage of the change in regulations, as opposed to suffering because of them.
We presented these strategies, along with our detailed analysis of the changes, and the effects on businesses and employees – at a briefing in Sydney in May.
The briefing was repeated online, and a recording of the webinar is now available for those who missed it first time around
If you currently operate a vehicle salary packaging program, or if you’re thinking about introducing the benefit, you need to know what opportunites have been presented by these FBT changes, and you need to know the potential pitfalls ahead.
For a link to the recording, just ask Linda.
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Author: Barry Scott / Published Date: 28 June 2011
Categories: Events, Novated Leasing, Consultancy
After a busy couple of months of conferences, budgets, end of FBT year and seminars, Autopia were rewarded with five seconds of fame on Channel 10 news last week.
Director of Corporate Benefits Greg Parkes, and Marketing Manager Barry Scott were seen discussing the merits of novated leases and car salary packaging with attendees at the AHRI National Convention.
Here's a quick run down of the last few months.
Remuneration and Reward 2011 - April
Greg spoke to an intimate gathering of remuneration and reward professionals about best practice vehicle salary packaging, the inherent risk involved in offering financial advice to employees, and introduced Autopia’s new Total-Annual-Value™ process.
This innovative forecasting system measures the increase in profitability an organisation experiences, as a result of an effectively run vehicle salary packaging program.
The event was such a success it is to be repeated in Melbourne in September. Autopia will be there, presentation topic yet to be confirmed, although chances are the recent FBT changes in the budget will be on the agenda.
End of FBT year - April
One of the busiest times of the year for a company that only does novated leasing, and we achieved a 100% completion rate on statutory declarations from our drivers. If you'd like to find out how we managed it, contact Linda.
Budget Breakfast Briefing - May
Autopia and AonHewitt hosted a timely breakfast briefing on the implications of the FBT budget changes.
Autopia Managing Director, Jeffrey Morton reviewed the changes, analysed their immediate affects on employees and Australian businesses, and provided insights into the future of vehicle salary packaging.
“Good summary of the issues. Highlighted some issues that I hadn't picked up on.”
Jairus Ashworth, Head of Reward at AonHewitt discussed the effects on remuneration, the increasing costs of company cars, and the flow on effects for corporate vehicle policy.
“The meeting was faced paced and relevant.”
And finally Greg Parkes examined the challenges and opportunities, focusing particularly on HR and finance, and presented useable strategies for organisations to capitalise on the new regulatory environment.
“The presentation was great.”
The feedback from the event was extremely positive, so we decided to bring the presentation online.
If you’d like to view the recorded webinar event, please contact Linda Fitzhardinge.
AHRI National Convention 2011 - June
Maintaining a furious pace, Autopia reprised their role for the fifth year running as the only novated leasing specialist at the Australian Human Resources Institute National Convention.
Soaking up the latest thinking in employee engagement, how to encourage innovation in organisations, and the future of business as we transition from a bipolar world into an environment of genuine uncertainty... a great talk from one of the worlds leaders in management thinking Dr. Kjell A. Nordstrom of the Stockholm School of Economics. We’ll review his keynote opening speech in the coming weeks.
Coming up next…
At the moment the next planned event for Autopia is Remuneration and Reward 2011 - Melbourne on the 18th – 19th October, although I’m sure we’ll squeeze something in before then…
If you’d like to attend the conference, please contact Linda, and she just might be able to organise a discount for you.
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Author: Barry Scott / Published Date: 28 February 2011
Categories: Events
Guest post by Arthur Chan
Branding your remuneration package may be the way to go. However, most remuneration and reward professionals lack the knowledge to do this.
So what’s a Remuneration specialist got to do?
I recently interviewed Josie Rothwell, Head of Reward at Westpac Banking Corporation, and we discussed issues surrounding the current state of remuneration and reward in Australia. Click here to listen to the interview.
There were a few things in particular I wanted to share. Firstly, we talked about differentiating remuneration packages and Josie stressed that there were several core considerations:
Flexibility of your remuneration package
Does the package involve salary sacrifice? Car parking? What about additional superannuation, or even health and well-being benefits? These are all considerations that give your remuneration package an edge. It may be wise to think strategically too, for instance, an older candidate may value health benefits, whilst younger candidates may prefer to a salary package with a car with a novated lease.
Intangibles
Gen Y employees enjoy being valued by employers, so when designing remuneration packages, it’d be useful to include messages about employee investment and potential.
That said, differentiating remuneration packages isn’t sufficient. Companies must also find innovative ways to package and market their remuneration strategies, which brings me to my next point.
Whilst remuneration specialists are experts in figures and statistics, they may not be as well versed in marketing and branding. More often than not, remuneration packages are too complex or contain jargon that put employees off and they hesitate to ask for more information. Josie recommends going to your Communications Department, as they would invariably have the resources and can help communicate your message clearly to both potential and existing employees.
It’s important that employees are well informed and are up-to-date on their remuneration packages. Josie reveals that Westpac have simple booklets that talk about remuneration information in everyday language and in a way so employees want to read about it. They also had an ‘Employee Week’ recently where they educated employee benefits – ranging from financial seminars, share market education, basic financial planning etc. In addition, Westpac utilises its partner organisations to go into offices to explain the value of working at Westpac. Obviously, the focus on financial products is because Westpac is a financial institute but companies can be more creative in their approach when educating employees about remuneration.
To hear more about the various ways to brand remuneration packages, join Josie, who, along with other remuneration professionals will be speaking at Remuneration & Reward 2011 on the 12th and 13th of April.
For more information, visit www.RemunerationAndReward.com.au
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Author: Barry Scott / Published Date: 28 January 2011
Categories: Events, Novated Leasing, Consultancy
Having been selected to partner with VHA in providing their employees with novated leases, Vodafone is now the largest launch anticipated for 2011, and it's only January...
We look forward to keeping one of Australia's largest moblie communication organisations, mobile.
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