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As an employer, ensuring your team has completed their superannuation standard choice forms is crucial. But what happens if an employee doesn’t return their form? Here’s your guide to navigating this scenario effectively. Understanding the Superannuation Standard Choice Form The superannuation standard choice form allows employees to nominate their preferred super fund. It’s a critical part of onboarding, ensuring that super contributions are made to the correct account. However, when an employee fails to return this form, you must know the following steps to stay compliant and manage t ..read more

As we navigate through 2024, businesses across Australia are facing the challenge of rising operational costs. With the national 3.75% minimum wage increase and higher superannuation rates (11.5%), businesses must stay proactive and manage these changes effectively. Here’s how you can stay one step ahead. The Impact of a 3.75% Annual Wage Increase The national 3.75% minimum wage increase directly affects businesses’ payroll expenses. To manage these increased costs: Budget: Reevaluate your budget to accommodate higher wages. Streamline Operations: Look for inefficiencies in your proces ..read more

The Fair Work Legislation Amendment (Closing Loopholes No. 2) Act 2024 marks a significant shift in work-life balance dynamics by introducing the “right to disconnect.” This amendment to the Fair Work Act 2009 empowers employees to disengage from work-related communications outside their regular working hours unless such refusal is deemed unreasonable. Key Aspects of the Amendment 1. Employee Rights: Employees now have the right to not monitor, read, or respond to work-related communications during their non-working hours. This is recognized as a workplace right under the Gene ..read more