December 2013 News

Reducing employee turnover in a competitive world

31/12/2013 - 2:09pm

It seems that regardless of how the recruitment and employment sector is performing, attracting and retaining the top talent can be a complicated and arduous task for Australian businesses.

Fortunately, there are a number of methods organisations can adopt to ensure increased employee retention and reduced staff turnover, even in the most competitive market.

Improve the recruitment process

Perhaps the most effective way to reduce employee turnover is to ensure you are hiring the right person for the role.

31/12/2013 - 2:07pm

The Australian government has approved an average 6.2 per cent rise in the annual cost of private health insurance, set to come into effect on April 1 2014.

This will result in many households around the nation being an additional $150 out of pocket each year.

The scheduled 2014 health insurance premium increases are 0.6 per cent above the average rise in 2013.

Written by: Jethro Still

24/12/2013 - 2:29am

Better screening programs in Australia help to detect many cancers at an earlier stage, contributing to stronger survival rates.

This is according to a December 12 report from the Australian Institute of Health and Welfare, which noted that between 2000-01 and 2008-09, the overall expenditure on cancer-related medical programs has risen by 56 per cent - a figure higher than the 52 per cent rise in total health spending.

Written by: Jethro Still

24/12/2013 - 2:27am

New figures from the Australian Bureau of Statistics (ABS) have indicated that many women between the ages of 16 and 44 are not getting the recommended vitamins and nutrients they require to prepare for pregnancy.

Women in this age group are considered to be of childbearing age, and while most are taking in sufficient levels of folate - which prevents conditions such as spina bifida in newborns - nearly one in five is not getting the recommended amount of iodine.

Health Insurance: Who's on your side?

19/12/2013 - 3:26pm

For those unsure about Australian health insurance, the processes required to join a fund or make a claim can be overwhelming and confusing.

A lack of understanding of the complexity of products or miscommunication from providers can ultimately lead to the idea of private health insurance being abandoned altogether.

19/12/2013 - 3:24pm

Protecting your company's assets is one of the most important steps to business success and your hardworking staff is arguably one of the biggest assets you have.

So, if you're sending your employees out of state or overseas on a corporate trip, doesn't it make sense to keep them protected?

Employers should ensure their roaming employees are covered by adequate travel insurance before they set off on their business expedition.

Private patients in public hospitals

17/12/2013 - 3:08pm

Australians with private health insurance have the freedom to choose where they receive medical treatment and there is an increasing trend of private patients using their health insurance in public hospitals, according to figures from the Australian Health Service Alliance (AHSA).

Public patients seeking treatment in public hospitals increased by 16 per cent from 2005-06 to 2010-11, compared to a 50 per cent increase of private patients in the same facilities.

Written by: Jethro Still

17/12/2013 - 9:39am

Life expectancies for men and women are higher in metropolitan areas across Australia than in many rural areas, a new report has shown.

The latest research from the National Health Performance Authority shows life expectancies at birth for men and women by local area, and indicates a considerable disparity between urban and regional areas.

Household income versus premium rises

Written by: Suzanne Still

16/12/2013 - 3:30pm

Sticking with a household budget can be difficult at the best of times, but as health insurance premiums creep higher, you may find your budget stretching thinner and thinner.

In 2013 the average private health insurance premium rose by 5.6 per cent while the Australian median household income increased by only 4 per cent.

16/12/2013 - 3:27pm

In addition to the legally required workers' compensation cover, there are a few key types of insurance all employers in Australia should consider to protect their businesses, employees, customers and assets.

Health insurance

With recent studies and research agreeing that employer support can positively boost employee health and wellbeing, joining a corporate health fund is a wise decision.

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