News from the employment front

It is simply amazing what one can find on the net that passes for research and information. Take this little gem from Management.Issues

Women executives are now earning much higher pay rises than men, yet businesses are still failing to stem a tide of resignations among older female employees, a new British survey has suggested.

The study by the Chartered Management Institute and researcher Remuneration Economics has calculated that, in the 12 months to January, women saw their earning rise on average by 6.7 per cent, compared with 5.6 per cent for men.

The increase was also the highest movement in earnings for five years, the two organisations said.

At director level, the gap was even more pronounced, with female earnings increasing by 9.2 per cent against only 5.8 per cent for their male counterparts.

Women in team leadership roles were awarded an increase of 6.6 per cent compared with 5.2 per cent for men.

Have a look at the figures folks 9.2% and 5.8% while we in Australia battle to try and get anything like a 4% increase in wages and are told that the country can't afford it.

Then of course the Americans have some more interesting information they have given up on wage increases and gone for productivity bonuses instead.

Of all of the people in a 'team' let's just guess that not all the team members get their productivity bonus for getting a piece of work done well within the time, budget and quality constraints. So who does get them - why the person with the best marketing skills not necessarily the person who slaved away and did all the work.