Australian businesses failing to invest in staff

Australian businesses are failing to invest in their staff and it’s impacting on their business success. A joint survey from Kelly Services and CareerOne.com.au found that although the majority of organisations were aware of the need to achieve, build and sustain a high performance workforce, too few firms were actually investing the time, money and resources needed to achieve this.

This lack of effective people performance strategies meant that while employee turnover remained low in 2009, six per cent of corporations had turnover rates that exceeded 31 per cent. A lack of good people management was identified as the biggest barrier to building a high performing culture.

Think your company is the exception? Nominate your company for Employer of the Year

Nominations are still open to put your company in the running for Employer of the Year at this year's Executive PA Magazine awards.

If you work for a company that rewards its staff, that goes the extra mile for its employees, that actively encourages and supports their staff to help them achieve their goals then we want to hear from you.

For further details visit our awards page to find out more.

Picture credit:© Andres Rodriguez - Fotolia.com