Changing work patterns
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With growth in part-time and casual work there has been a growing demand for flexibility and work-life balance
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Career flexibility and job mobility
- around 14-16% of employees are considered job-mobile
- most mobile: 20-24y.o. Australian speaking English
- creative & knowledge-based fields are most flexible in their job design
- around 14-16% of employees are considered job-mobile
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Increased participation rates for women and older workers
- More participation due to women and an ageing population
- woman participation rate increased by ==20%+ (since 1980)==
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Ageing of the workforce
- is the increased in average age of the population
- businesses & Governments need to respond by upskilling the population
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Early retirement
- average age of retirement from full-time work has ==increased to 53==
- many people returning to work for financial reasons
- ‘or simply to relieve boredom.’ 😭
Living standards
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Australia has very high standards in regard to Work Health & Safety (WHS)
- wage increases,
- performance bonuses,
- fringe benefits (non salary compensation e.g. a company car)
- leave and superannuation benefits
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Concerns include:
- Increasing income inequality felt within and between countries
- Casualisation of the workforce
- Government reducing social security payments for retirees
- with the aim of superannuation to supplement the shortfall
- Lack of work/life balance