Unlocking Success: Intersection of Compliance and Best Practice

A business that is compliant with employment law and industrial relations legislation and understands how to apply best practice that is the best-fit for their operations is better placed to increase business success and attract/retain an appropriately skilled workforce.

The competition for skilled employees has created conditions for the ‘perfect storm’ ... the labour shortage, ever-increasing legislation changes and employee expectations.

This merging of conditions is significantly impacting on any business as they try to attract and then retain the appropriate mix of skilled employees.

Recent research suggests that the key focus for employers at present is:

1. attraction of the right candidate with the right skills at the right time

2. Retention of key employees to ensure meeting their client/customer requirements.

At the same time, employees are looking for employers who:

1. Provide opportunities for learning and development.

2. Can articulate how the employee’s role will contribute to achieving business goals.

3. Offer terms and conditions of employment that are compliant with legislation.

Compounding the ‘perfect storm’ conditions over the next five years is the fact that most ‘baby boomers’ will have retired; and Gen Xers will be considering retirement or taking it early.

While technology plays an increasing role in shaping employee experiences, it is crucial to remember that technology cannot replace a strong, interpersonal relationship between you and your workforce. There is no one-size-fits-all solution.

However, and as in any relationship, the fundamentals of a meaningful employer-employee relationship is based on effective communication and trust.

4 key takeaways

• How to minimise the impact of industrial relations and employment law and the associated risks of penalties and reputational damage.
• The importance of vision, mission and values.
• Be familiar with what potential employees are looking for.
• Be aware of tactics to engage your employees.

Unlocking Success: The Intersection of Compliance and Best Practice for Best Fit will explore key employment law and industrial relations legislation together with employee engagement as tools to foster an environment where trust, transparency and mutual respect are solid foundations to recruit and retain a productive and engaged workforce.
PRESENTER

Margaret Goody, Managing Director, Akyra.

Establishing Akyra Strategy & Development as a human resource consultancy practice in 2011, Margaret offers practical hands-on experience and knowledge to define, develop and implement people management strategies using employer branding frameworks to support our clients in achieving business objectives.

This methodology is supported by identifying compliance requirements and best practice and then partnering with clients to pinpoint the best fit strategy for their business operations and achievement of strategic objectives. Applying best fit strategies, clients can build a dynamic culture and the internal systems that attract and retain the right people with the right skills at the right time.

Margaret’s expertise comes from her own business experiences and partnering with family-owned and operated businesses and not-for-profit organisations across a variety of industry sectors.

Key strengths include a broad knowledge and understanding of the contemporary industrial and business landscape relating to human resources (compliance) and people management (employee relations).

Qualifications: Graduate Diploma in Management (Australian Graduate School of Management), Fellow of the Australian Institute of Company Directors and JP (Qual).

Professional memberships: Australian Institute of Company Directors and Australian Human Resources.

Certifications: HR Practitioner (Australian Human Resource Institute), Saville Wave Psychometric Assessment and Australian Council of Educational Research.

www.businessinbrisbane.com.au

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level 4/260 Queen St, 260 Queen Street, Brisbane City, Australia