Knowledge Base
At RSG we strive to stay at the cutting edge of
the industry by keeping up to date with:
• new
legislation;
• judicial decisions;
• administrative
decisions;
• guidance from professional bodies; and
•
other developments that affect the remuneration of
employees.
We help you to do the same by updating this
page regularly with key articles.
If you find something
that you think would interest others in the field, please
advise RSG on email address admin@remstrategy.com
Employee Share Ownership
Federal Government initative to boost Employee Share
Ownership in Australia
The Australian federal government
has recently announced an initiative designed to double the
number of Australian companies with employee share ownership
schemes. RSG won the tender to design the share plan templates
for this project. RSG's involvement is complete at this stage.
In an article published in the Australian on 10 April 2004,
‘How sharing with employees makes good business sense’
Geoffrey Newman looks at this Government project and the
benefits that go along with employee share ownership schemes.
[ more ... ]
New Disclosure Accounting Standards
The Australian Accounting Standards Board (AASB) has
recently announced a number of new expensing and disclosure
requirements that will affect those with existing Share Plans
and those who are seeking to implement Employee Share
Ownership. The new expensing and disclosure requirements apply
to all corporate share and share option based payments. Gary
Fitton, director of RSG, recently wrote an in depth article on
the new disclosure standards and the effects they will have on
all Australian companies. To view the article in full, please
click here.
[ more ... ]
Federal Government Contract - RSG Was Asked to
Consult
Employee Share Ownership plays a crucial role in business
success, and yet employee participation rates in Australia are
a long way behind our western counterparts.
In
recognition of this, the Australian Federal Government has
initiated a program in which a number of Australian companies
will trial employee participation plans. RSG acted as a
consultant in designing and implementing these plans. In a
recent article in the Sydney Morning Herald, this new
initiative is outlined.
[ more ... ]
How to make your bonus grow
You put it into super, take it as a zero interest loan, or
even pay for your daughter's 21st birthday party - there are
many ways to stretch your bonus. [ more ... ]
Working For Your Share
If you have a stake in your employer's business via shares
or options, avoid the prospect of extra tax bills by keeping
yourself informed. [ more ... ]
Nice little sweetner for the stockpot
Promoters of employee share-ownership schemes are hoping
that recent government initiatives will persuade more SME's to
use them as an incentive for attrating, retaining and
motivating loyal workers. In his report, Mark Fenton Jones
from the AFR heavily quotes John Day from RSG. [ more ... ]
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