Claude Fullinfaw

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Do You Feel Employment Entitlements In Australia Are A Thing Of The Past!

June 6, 2015 by Claude Fullinfaw

Do you feel Australians have been sheltered from the GFC for too long ?

employment entitlementsFor over 25 years Australia has seen massive growth in its economy and in spite of the ‘Global Financial Crisis’ the Australian Economy has somewhat remained isolated from everything else that is happening around the world. Employee entitlements Australia are much more than other countries. Free Coaching

But only just. With the slowing down of the mining boom we see huge number of people being retrenched leaving large gaps in our labor force now. Housing prices that have seen astronomical heights have come crashing down in many a mining town leaving investors at the mercy of lenders.

25 Years ago housing debt was at its lowest around 20%. This has climbed to around 90 percent in recent years due to the high wages our labor force received in mines around Australia.

But that’s not in itself enough to drive the stock of housing debt from 20 per cent of GDP in 1990 to around 90 per cent today. That huge run-up in debt was based on a number of factors. We’ve had nearly a quarter of a century of positive economic growth, nearly a decade of booming resources prices and investment, a global credit bubble that did not deflate as much in Australia as elsewhere and – when the GFC threatened to halt the growth of housing credit – waves of federal and state government hand-outs to help first home buyers get onto the housing ladder.Taken from The News Daily.

Can this sustain the ways to motivate employees in the current financial environment we see around us with people losing their jobs?

To top it all off the new generation of worker now is straddled with more debt than ever before. He or she is living pay check to paycheck trying their best to service housing loans.

What’s forgotten in that long-term story is that each new generation has to direct an ever-larger proportion of their pay packets to servicing debt.

Australia’s re-balancing away from a heavy dependence on the resources sector comes at time when we must also re-balance away from a long property and credit boom.

That doesn’t have to mean a bubble will ‘burst’, but it does mean the end of an era in which Aussie pay packets were assumed to be able to service unlimited amounts of debt. If anything is bursting, it’s that fantasy. More info from News Daily on the housing crisis.

Australian will need to tighten their belts and live within their means. The days of six figure plus incomes may soon be a thing of the past.

The old ways to Motivate Employees has long gone- What Motivates Employees!

Don’t worry your full time entitlements can still be gotten. But you will need to work smarter. You will

  • Firstly have to look where the ‘new jobs’ are being seen
  • Next you will need to ‘un-learn’ what you know and re-learn’ new skills
  • You will need to be able to allow time to settle into the ‘new economy’ and get experience
  • Allow yourself 4 to 7 years to become a ‘Pro’ in the ‘New Economy’.

People will need to look at how much value they can give their employers. Companies will still hire staff and will use performance based models at work to motivate employees. Base wages with structured ways to motivate employees to perform will be introduced at work. Unless you deliver you will not be paid your full salary you once saw. So though the staff entitlements on the surface would not seem to be there employment entitlements will be even more available for those employees who perform and deliver on time.

Companies will introduce ‘Ways To Motivate Employees…

  • Commissions based on how much sales you bring into the company
  • Bonuses will be a part of the structure as well (Fun Ways to Motivate Employees)
  • Some companies will go as far as allocate bonuses to help others to succeed. The more you help them to succeed the more you will get paid. In fact ‘How to Motivate Others’ will be a huge part of being paid.
  • Free travel and cash incentives will also play a big part to motivate employees to work harder.

What may happen is that at first …

  • Families will need to have both parents working again to bring in incomes to service debt.
  • Extra work will be available through part time positions.
  • New employees may find it hard entering the labor market due to the increase in unemployed seen in the work place today.
  • Many will have to downsize the family home or even sell of investments to stay afloat.

Change is apparent! We need to look for part time or casual positions within other companies as a back up plan, Plan B.

To survive in the new era to come we need to embrace change and look for the next horizon, the ‘Next Boom’. When one door shuts another opens as the saying goes. The opportunities will be there but people will need to re-skill and look else where while at the same time collaborate or network with others to bring in the bacon again.

If you found this article to be helpful do share

 

Claude Fullinfaw
Brisbane

I need to make more money today

 

 

I need to make more money today!

https://claudefullinfaw.com/

PS: Get The 4 Pillar of SUCCESS Downloadable PDF Now — Learn How To Work Smarter!

https://www.facebook.com/workingathome

Filed Under: Part Time Work Brisbane Tagged With: employment entitlements, ways to motivate employees, what motivates employees

My Argument Why ‘Employment Entitlements’ Will Soon Be A Thing Of The Past

June 4, 2015 by Claude Fullinfaw

Employees entitlementsDoes school prepare children for the real world?

“Study hard and get good grades and you will get high-paying jobs with great benefits,” Taken from the book RICH DAD POOR DAD by ROBERT KIYOSAKI.

Interestingly my parents used to say these very same words to me when I was growing up too, talking all the while about the entitlements I would get when I became a good staff member.

When I first read these lines in 2002 it resonated with the exact same words my dear parents over and over again drummed into my stubborn self while I was growing up in India in the late 60’s and 70’s. Back then the rights and responsibilities offered were highly respected.

Did my parents know that the employment entitlements would change?

Yes my parents meant well back then because after all that is what they knew. Their parents and teachers shared those thoughts when they were young and they were trying their best when I was growing up to give each of us kids the best they could. By doing so they felt they had done their best. They had achieved their goal in life by educating all seven of us. Well in the 60’s and 70’s that was fine as things had not begun to change too much. Worker satisfaction was high. Why I need more money now?

What my parent had not known then was the fact that the world would start changing by the end of the 80’s. The industrial age which was part of their world was coming to an end and the information age was just starting to show signs of emergence with the advent of the first computers.

During the industrial age farmers could not keep their children on the land any more. The agricultural age had since gone. The people who did not adapt to the changing economic climate lost out. The small farms soon disappeared to be replaced by huge farming communes run by the big corporations.

There were far too few jobs on farms left due to the huge machinery deployed on the farms thus reducing job vacancies. The lure of the big cities were to strong for the young people back then in the 1930’s -40’s to help out on farms for lesser wages. Large corporations were offering steady jobs, better pay and good perks to help them grow offering great incentives as never seen prior to 1910 (pre World War 1) .

And so the industrial age slipped in when my parents were young. They grew up thinking life would be one rainbow for ever. It was this dream that they passed to their children. I was one of the millions fed this vision.

During the industrial age most people would stay at the same job for the entire length of their working career. Extras given to the workers were huge with yearly or even better bi-annual bonuses were common and the corporations looked after their staff and even extended that onto the children of the worker. It was a way of life back then. There were free paid holidays, staff allowances, free meals, free transport to mention a few of the benefits given.

How positive is employee satisfaction in the work place today

Like all great things we now see that the industrial is also a thing of the past. Globalization began this shift in the early 90’s. Jobs were now being sent overseas to countries such as Indonesia, Philippines, India, etc where labor was cheaper. Now companies felt they no longer needed to look after their staff to the level once seen. Staff satisfaction started to drop. To stay competitive companies started to cut employee numbers and even reduce the base salaries of staff.

Responsibilities Of Staff!

Staff responsibilities has increased over the years with little or no extra compensation. With more and more people looking for work companies can now give lesser wages to their staff and expect more from them as the job market is so competitive and people are willing to work for less put in longer hours and not complain. If you are to complain the job is given to some else who is prepared to work for less. Can you see what is happening if you are reading this in 2015 and beyond.

You must start to look for smarter ways to work if you want to have the same level or better lifestyle that you were accustomed to.

No Longer or Seldom Do You See Any Benefits (In the work place any more!) Such As:
  • Staff Sick Leave Entitlement
  • Casual Worker Entitlements
  • Employee Benefit in Insolvency
  • Workers Rights and Responsibilities

The world has changed.

The work places we were used to are no longer around. Yet we are still working the old system. Hoping things will get better. It’s a broken system as Eric Woree says in his DVD called the Rise of the Entrepreneur. Today the world economy works on a performance base model where you should demonstrate you can do the job faster as well as cheaper. Employees responsibilities have changed too.

So getting back to my statement where ‘study hard’ for ‘a high paying job’ can be a thing of the past. You got to adapt to the changing global situation right now. Look for smart ways to work and start looking at home based business models to create the financial safety net you need.

Can You Keep Your Employee Rights and Responsibilities

There are jobs around, in fact there are more jobs today than ever before. But you just must be prepared to retrain and be ahead of the curve of learning, always delivering better value to the company and the customer for you to have an edge over your immediate competition – the person who wants your job or market share.

In 2015 and beyond we must start to look for/at emerging trends among industries and which the trends will withstand sustained growth for decades to come for job satisfaction.

In a number of future posts I shall outline clues to look for as well as why being an employee and/ or a self employed person in the future is going to be harder for you if you desire to enjoy a a good quality lifestyle. Look forward to sharing more on what can improve employee satisfaction in the work place.

Claude Fullinfaw
Brisbane

I need to make more money today

 

 

 

https://claudefullinfaw.com/

PS: Get The 4 Pillar of SUCCESS Downloadable PDF Now — Learn How To Work Smarter!

https://www.facebook.com/workingathome

Employee Entitlements QLD

Worker Rights and Responsibilities

I need to make more money today!

Filed Under: Extra Income Ideas, Part Time Work Brisbane Tagged With: employee rights and responsibilities, employee satisfaction, employment entitlements

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