INTHEBLACK April 2025 - Magazine - Page 10
FAS T F O C U S
More holiday swaps
Public holidays are an entitlement for most
Australian workers, but they don’t necessarily
suit everyone. A survey from recruitment firm
Robert Half shows 62 per cent of workers
believe the option to take another culturally
or religiously significant day off in lieu of a
gazetted public holiday, such as Australia Day
or Christmas Day, would improve workplace
morale as well as inclusivity. The survey also
shows that almost two-thirds of workers say
their employer allows them to swap these days.
“There is growing recognition that a
one-size-fits-all approach to public holidays
doesn't work in today's diverse workforce,”
says Nicole Gorton, director at Robert Half.
“The modern workplace has people from many
different backgrounds, cultures and religions.
Allowing employees to choose when they take
time off work to mark their particular days
of significance does not only reflect this
diversity, but also acknowledges an employee’s
needs and promotes a sense of belonging
and inclusivity.”
Read the survey
Incentive plans
featuring ESG
92%
82%
Environmental, social and governance (ESG) metrics
are a common feature in executive incentive plans
across Asia-Pacific. A study by advisory firm WTW
shows that of the 193 companies in the region that
disclosed the metrics they use in executive incentive
plans, 74 per cent incorporate ESG metrics in their
executive pay programs. Australia leads the way,
with 92 per cent of companies in the study
incorporating ESG metrics in their incentive plans,
followed by Singapore (82 per cent), Japan
(74 per cent) and Hong Kong (71 per cent).
Companies in energy, materials and financial
services sectors continue to have the highest
prevalence of ESG metrics.
Read the study
10 INTHEBLACK April 2025
74%
Australia
Singapore
Japan
71%
Hong Kong