KEEPING YOU INFORMED
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Some Thoughts from the World of HR
SAD, the winter blues, and what can you do to help your employees
It’s not uncommon for people to experience a dip in their mental state during the colder months. People who live with mental illnesses often find winter can exacerbate some of their usual symptoms. And, for some (usually) mentally healthy people, winter can create feelings of melancholy, despondency and dampened motivation.
The Fair Work Act has changed again!
In June 2023, The Australian Government passed the Fair Work Legislation Amendment (Protecting Worker Entitlements) Act 2023. This means there are some changes to the Fair Work Act which have already come into effect, or will come into effect in the next year.
Join Therese and the Impact HR team at the Future of Work Conference
HR is a constantly evolving space and Impact HR are committed too both sharing our knowledge and keeping ourselves informed of changing legislation and best practice trends.
At Impact HR we continue to grow!
At Impact HR we continue to grow! We are delighted to join forces with our esteemed HR partners in the UK, Fitzgerald HR. As two leading HR consultancies on opposite sides of the world, we share a common commitment to excellence, innovation, and client satisfaction.
Why it’s so important to know if you’ve engaged an employee or contractor
We spend a lot of time supporting clients to correctly allocate the people they engage as Employees, Contactor deemed an Employee or Independent Contractors. For some of our clients, the line can feel blurry in the beginning. Once you understand the definition, it is clear cut and easy to implement. If you are working with independent contractors, it’s important to confirm that the correct documentation is in place, and they don’t meet the definition of an employee by accident. 2022 High Court decisions impacted the definitions and compliance expectations. With pay-as-you-go, superannuation and FBT obligations for employers changing there are even more reasons to be aware and be across the details.
Employee separation in a remote or hybrid environment
Post COVID the way we work is different and some things will never return to the way they were. For leaders and managers in SMEs this comes with some unique challenges. It is now common to have employees we have not met IRL (in real life) and our entire working relationship has been conducted virtually. So, what happens when either performance or changes in business needs (or ability to pay) means that you need to end an employment relationship?
Happy New Financial Year – tips for your business – immediate deductions
Businesses may be able to claim an immediate deduction for expenses through the temporary full expensing measure. This allows a business to claim an immediate deduction for new assets if they have a turnover of less than $5 billion, and for second-hand assets if the business has a turnover of less than $50 million. The assets must be first held, used or installed for use between 6 October 2020 and 30 June 2023.
Happy New Financial Year – tips for your business – superannuation changes
Superannuation contributions will increase from 10.5% to 11% effective July 1, 2023. There will continue to be 0.5% increases each July until 2025 when the superannuation guarantee reaches 12%.
Paid Parental Leave 2023 update – what’s changing?
For babies born or adopted after 1st July 2023, there are some important changes to Australian Government funded Parental Leave Pay system. The current entitlement to 18 weeks of parental leave pay at minimum wage will increase to 20 weeks, or 100 days for those who work 5 days a week. This is a family entitlement which means that if you have a partner, they’ll access at least 2 weeks of this leave. Single parents can access the full 20 weeks themselves.
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