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2016 cwi infographic_australia
1.
Global CWI Ranking Regional CWI Ranking 16th 8th The
Contingent Workforce Index (CWI) measures the relative ease of sourcing, hiring and retaining a contingent workforce in competing labor markets. The CWI draws from 50+ country data points for 75 countries to assign a numerical value that represents the relative difficulty of entering one labor market versus another. Countries with the highest rankings offer the most ideal workforce conditions for contingent labor. Find out more here at www.manpowergroup.com. © ManpowerGroup Contingent Workforce Index 2016 A relative comparison of how restricted the terms and practices of contingent workforce engagement are based on a standard set of regulations WORKFORCE REGULATION RANKING A relative comparison of the potential productivity of a workforce based on the amount of hours an employer can pay a worker at base pay WORKFORCE PRODUCTIVITY RANKING A relative comparison of wage, benefits, tax and operations metrics to suggest potential cost efficiency WORKFORCE COST EFFICIENCY RANKING A relative comparison of the current skilled contingent workforce in each country and the likely sustainability of that workforce based on emerging and aging workforce trends 3 RD 68 TH 8 TH 31 ST WORKFORCE AVAILABILITY RANKING Max Contract (Single) Labor Market Efficiency Average Minimum Wage Severance Public Holidays OT Premium Notice Period Standard Work Day Parity (Full, Partial, None) Average Monthly Wage Total Workforce 12.6Millions 5.0USD Thousands None 4.5 Unemployment Rate 5.7% 50% 1.0Day 7.6Hours Estimated # of Skilled Contingent Workers 0.7Thousand 13.33USD 4.0 7Days English Proficiency 97% None Age Dependency Ratio 22.1% 5+5+5+5+5+5+5+5+5+5+5+I 7.2 Market Maturity 5+5+5+5+5+5+5+5+5+5+5+I 8.2 Regulation AUSTRALIA
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