Money 101 - Connect 101 - October 2011
The online revolution... embrace it or get left behind
How much further can the online revolution take us and will those of us who don’t embrace it get left behind?
These are serious questions for everyone in the financial services industry as consumers become more technologically savvy and comfortable in an online environment.
Talking skill sets and FNS10
According to the Training Package Development Handbook, skill sets are defined as single units of competency, or combinations of units of competency from an endorsed Training Package, which link to a licence or regulatory requirement, or defined industry need.
It's not all about pay rises – there are other ways to lift staff spirit
Even though Australia may have the world's best performing Treasurer and has side-stepped much of the fallout of the GFC, many Australian businesses are unable to offer pay rises to their loyal and talented staff in the current work climate. And many employees are afraid to ask for a pay review because they don't think they will be successful. In fact, a recent survey of accounting and finance workers found that 52% of employees would quit their jobs before asking for a pay rise, believing that they will receive a 5-10% increase in wages by switching jobs.
The challenge of Stronger Super is communicating the changes to members
The Stronger Super reforms have been released at last! With the aim of improving confidence in the superannuation industry; the reforms will introduce some key benefits such as simple and cost-effective default products with a single investment strategy and a standard fee structure; new , measures to assist with the location and consolidation of multiple super accounts and processes to simplify and add transparency across all super products.
For more information go to www.money101.com.au