find the latest legal job
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Adelaide CBD · Join a leading Adelaide commercial law firm
View details
Freelance Project Finance Lawyers
Category: Other | Location: All Australia
· Vario are looking for freelance lawyers with experience in project finance ideally within the renewable energy sector
View details
Vario Freelance Lawyers
Category: Construction Law | Location: All Australia
· We are looking for lawyers who appreciate the endless possibilities that a freelance career can offer.
View details
Freelance Construction Lawyers
Category: Construction Law | Location: All Melbourne VIC
· We are looking for construction lawyers who appreciate the endless possibilities that a freelance career can offer.
View details
Banking Associate - 1-6PQE - Allen & Overy
Category: Banking and Finance Law | Location: United Kingdom
· Banking Associate - 1-6 PQE - Allen & Overy
View details
Partnership share could boost productivity

Partnership share could boost productivity

Lawyers could be more productive if they had a share in the profits of the partnership, according to a survey. According to the latest survey from workforce solutions company Kelly Services,…

Lawyers could be more productive if they had a share in the profits of the partnership, according to a survey.

According to the latest survey from workforce solutions company Kelly Services, more than half (57 per cent) of Australians surveyed believe they would be more productive if they were able to share in profits or have an ownership stake in their employer's business.

Thirty per cent of workers surveyed are currently in an arrangement where some of their pay is tied to performance targets, with Gen Y and Gen X employees much more likely to be on such a performance-based pay system, rather than the Baby Boomer generation.

Of those not receiving performance pay, more than one third (37 per cent) said they would be more productive if they had their earnings linked to performance outcomes, with Gen Y most attracted to this.

"Many employees are actually quite comfortable about some element of their compensation being tied to their individual or group performance," said managing director of Kelly Services Australia, Karen Colfer. "This indicates that many are confident in their ability to perform their jobs well and believe they can share in the rewards of improved workplace productivity."

The findings are part of the annual Kelly Global Workforce Index which obtained the views of approximately 134,000 people, including more than 20,000 in Australia.

Like this story? Read more:

Book commemorates diamond milestone for WA law society

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

Partnership share could boost productivity
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
11:56
Disrupting traditional archiving and storage methods
Promoted by File Pro TRENDS COME and go but technology and its disruption to the legal landscape ...
Scales of Justice
06:00
WA to close ‘legal loophole’ on gender reassignment laws
Laws in Western Australia will soon change to permit married people to undergo gender reassignment s...
Lawyers take to Twitter to share career stories
Jan 22 2018
Lawyers take to Twitter to share career stories
The #mypathtolaw hashtag has been embraced by legal eagles to swap stories with the Twitter communit...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...