Bunnings has announced it will back pay staff $11 million as part of its efforts to comply with the Holidays Act. The critical point is that it shouldn’t be just major companies considering this, every company with employees should be.
Business leaders would have to have their head firmly in the sand not to see that today’s consumers are increasingly voting with their wallets, and choosing where possible to support brands operating with a higher purpose.
With a change of Government late last year, many of us waited in anticipation for how that change would affect us as employers and business owners. We now have some clarity as to what those key amendments will look like
Psychometric tests are designed to reveal details about behavioural traits and personality which often don’t come to light within the interview process. They are also useful tools to identify and develop talented leaders, build employee engagement, and ensure business results. For most people, there is a gap between who they think they are and how others perceive them.
Getting payroll wrong can prove to be very costly for the employer. Retrospective adjustments going back 6 years, along with financial penalties imposed, are potential consequences of getting it wrong.
12 months ago MBIE estimated the total cost around the country of payroll underpayments could top $2 billion, affecting more than 700,000 employees. Kearin Pollard discusses the effect this has on businesses and what to do to avoid this happening to you.
New employment legislation came into effect on 1 April 2016 which specifically affect hours of work, restrictions on secondary employment and deductions from wages. Employers have until 1 April 2017 to ensure they are compliant.