The Times Australia
Business and Money

Citation Group Reports Landmark 2024 People Management Research Findings


Citation Group, a leading authority in end-to-end workplace compliance solutions, today unveiled the results of its groundbreaking research for 2024, titled The Future of Work: Insights for Australian Businesses. The study, surveying 300 senior workplace decision-makers nationwide, sheds light on the critical challenges and priorities that will shape Australian workplaces in the year ahead.

Key Findings:

AI Adoption Meets Caution: While 75% of organisations surveyed are utilising AI to enhance operational efficiency, concerns about data security and factual accuracy remain prevalent. This cautious approach underscores the need for clear policies governing AI use in staff management.

Employee Retention Tops Priority List: As 58% of workplaces plan to increase headcount, employee retention emerges as a primary concern for 51% of senior managers. This focus reflects the difficulties organisations face in retaining talent in an increasingly competitive job market.

Gap Between Legislative Awareness and Compliance: Nearly half (47%) of senior managers were unaware of the Secure Jobs, Better Pay Act, and 65% were unaware of the Closing Loopholes legislation. Alarmingly, 34% admitted to being unaware of both, particularly in larger organisations with over 5,001 employees, where more than half (54%) of senior managers lacked awareness of these laws.

Demand for Flexible Working Arrangements Soars: The research highlights a marked shift towards flexible and hybrid work models, which are now preferred over traditional remuneration packages. This trend signifies a transformation in employment offerings, prioritising work-life balance.

Legislative Changes Impacting Casual Employment: The new 'Closing Loopholes' legislation is expected to significantly impact casual employment, with nearly half of employers anticipating a reduction in casual workers.

Sexual Harassment Policies Lag Behind Awareness: Despite widespread understanding of workplace sexual harassment laws, only 60% of organisations have implemented clear policies, and less than half (48%) include sexual harassment awareness in their onboarding programs. This gap leaves many organisations vulnerable to potential allegations.

Skilled Migrants Considered Essential: A striking 83% of employers view skilled migrant workers as crucial to their business success, though awareness of changes affecting migrant workers remains low.

Campbell Fisher, Managing Director and Solicitor at Citation Group, commented on the findings, stating, "Our research provides critical insights for Australian businesses at a pivotal moment when the government has introduced significant legislative changes affecting the workforce. Understanding these key concerns and trends is essential for leaders aiming to build resilient, compliant, and forward-thinking workplaces. Citation Group is committed to guiding our clients through these challenges with strategic and actionable solutions."

Fisher added, "It is clear that Australian business leaders must take significant steps to stay on top of new legislation to ensure their businesses attract and retain the best talent."

To read the full report, refer here: https://citationgroup.com.au/resources/the-future-of-work-2/

Business Times

Ricoh Launches IM C401F A4 Colour MFP to Boost Speed and Security…

Ricoh, a leading provider of smart workplace technology, today launched the RICOH IM C401F, an enterprise-grade A4 colour d...

Laundrlab Expands with a New Flagship Store, Redefining Sustainab…

DESIGNED TO CALM. BUILT TO LAST. POWERED BY PURPOSE. THE FUTURE OF LAUNDRY STARTS IN POTTS POINT Sydney, N...

Navigating Leadership Mistakes with Confidence

I am always surprised by this question: How do leaders get over embarrassing mistakes and still succeed? The use of the w...

The Times Features

What Is the Dreamtime? Understanding Aboriginal Creation Stories Through Art

Aboriginal culture is built on the deep and important meaning of Dreamtime, which links beliefs and history with the elements that make life. It’s not just myths; the Dreamtime i...

How Short-Term Lenders Offer Long-Lasting Benefits in Australia

In the world of personal and business finance, short-term lenders are often viewed as temporary fixes—quick solutions for urgent cash needs. However, in Australia, short-term len...

Why School Breaks Are the Perfect Time to Build Real Game Skills

School holidays provide uninterrupted time to focus on individual skill development Players often return sharper and more confident after structured break-time training Holid...

Why This Elegant Diamond Cut Is Becoming the First Choice for Modern Proposals

Personalised engagement styles are replacing one-size-fits-all traditions A rising diamond cut offers timeless elegance with a softer aesthetic Its flexible design wo...

Is sleeping a lot actually bad for your health? A sleep scientist explains

We’re constantly being reminded by news articles and social media posts that we should be getting more sleep. You probably don’t need to hear it again – not sleeping enough i...

Ricoh Launches IM C401F A4 Colour MFP to Boost Speed and Security in Hybrid Workplaces

Ricoh, a leading provider of smart workplace technology, today launched the RICOH IM C401F, an enterprise-grade A4 colour desktop multifunction printer (MFP) designed for Austral...