HR Compliance Audit in Sydney
Did you know that ignoring labour laws can cost businesses a lot in Australia? It’s vital to follow the rules. A detailed HR Compliance Audit can spot and fix problems, keeping your business safe and sound. VeiraMal Consulting is a top HR, Payroll, and Analytics firm. They help businesses all over Australia. They offer expert […]
NES Entitlement for Unpaid Family and Domestic Violence Leave
The Fair Work Commission addressed five awards that still contained their original unpaid family and domestic violence clauses in a recent decision.
Employees may change public holidays to the day of their choice
An employer and employee can agree to substitute a public holiday (or part-day public holiday) for another day. In other words, employees may change public holidays to the day of their choice. Penalty rates are only applied to substitute days that are considered public holidays. An enterprise agreement or modern award typically outlines the details of a substitute public holiday.
$450 Superannuation Guarantee scrapped in the Federal Budget
$450 Superannuation Guarantee scrapped in the Federal Budget? Is that a good thing?
It was announced in the 2021-22 federal budget that the government would scrap the $450 superannuation guarantee eligibility. This change is now a law and will take effect on July 1, 2022 (click here to read the announcement). As a result of this change, approximately 300,000 people will be eligible for super contributions. Therefore, employers will be responsible for paying superannuation guarantee contributions regardless of how little each employee earns. Read below to find out how the scrapped $450 superannuation guarantee in the federal budget is an appropriate measure.
Superannuation Guarantee increase impact on businesses
The super guarantee is estimated to increase a 0.5% every year. One of the most common questions we receive on the helpline is “How do we accommodate the Superannuation increase year after year”? and “How does it impact businesses”.
