Super industry outlook and issues What do you think? Take this two minute quick quiz. (Click OKAY to start). Question Title * 1. Do you expect 2020 to be generally better or worse for you and your organisation than this year / 2019? Better Similar Worse Uncertain OK Question Title * 2. What do you see as the single biggest issue facing your organisation next year - in 2020? Increasing competition Market downturn Regulation Uncertain Other (please specify) OK Question Title * 3. How are these issues impacting your people? Are they - More stressed Less stressed compared to last year About the same Uncertain OK Question Title * 4. The superannuation guarantee has been frozen at 9.5% of wages since 2014 but is legislated to rise to 10% in 2021 before increasing to 12% by mid-2025.Do you support lifting the compulsory superannuation contribution rate to 12%? Yes Yes Yes, but delayed further OK Question Title * 5. Despite stagnant productivity do you believe business can afford to fund the increase on behalf of employees? No Yes Uncertain OK Question Title * 6. Do you think competing political parties will find bipartisan support on the superannuation guarantee before legislated change begins? Yes No Uncertain OK Question Title * 7. Following the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (or Hayne Royal Commission into financial services) have you: Changed funds because of high fees Switched from retail to industry fund Taken a more active approach in funds' investment mix Made no change OK Question Title * 8. HIRING INTENTIONS: Will these industry issues affect your headcount next year? Yes, downsize employee numbers No, increase employee numbers Maintain employee numbers Will replace with technology Uncertain OK Question Title * 9. In which areas do you expect to hire the most people this year? Administration Customer / member engagement General management Investment management Marketing Operations Risk and compliance Sales Technology Other (please specify) OK Question Title * 10. What key factors are most important to you when hiring? (Select up to three) Cultural fit Experienced / proven performers Not fussy / can train Qualifications Readily available / start now Technical skills Uncertain Other (please specify) OK Question Title * 11. Do you expect technology to transform the recruiting process over the next few years? No Yes Uncertain Currently looking to transform the process Other (please specify) OK Question Title * 12. Are you happy with your recruitment process? HR: no - internal HR: no - external HR: yes - internal HR: yes - external Candidate - no Candidate - yes Uncertain Candidate: firms could do better HR: we could do better Other (please specify) OK CLICK HERE TO SUBMIT. THANK YOUR FOR YOUR ANONYMOUS CONTRIBUTION!