Between tax returns, BAS, finalising staff payment summaries, and many more end of financial year tasks, how does anyone find time to read the latest Fair Work award changes?
While it seems like a bit of a hassle, July is a critical time of the year for any business owner to don their compliance hat and check the business is up to scratch.
Over the course of 2017-2018, Fair Work Australia announced over AUD$3.1M in successful litigation against companies for employment breaches (as of writing), and this is a list that no business owner wants to get a mention on.
And this crackdown will continue, with Fair Work Ombudsman, Sandra Parker, recently announcing her office’s top priorities for the 2019-2020 year:
- Fast food, restaurants, and cafes
- Horticulture and the harvest trail
- Supply chain risks
- Sham contracting
What is consistent across the last few years, and will inevitably continue this year as well, is that it is not only big companies getting caught in under-payment scandals. In fact, a 2018 audit of some of Australia’s top food precincts saw that 72% of small businesses were non-compliant.
Having run multiple venues over the course of my career (before Deputy, of course), I understand how challenging staying compliant can be – and reading through an epic award agreement to find the complicated changes is no walk in the park. But ensuring that your staff are paid correctly is one piece of the compliance puzzle that might just save you thousands (& keep your staff happy).
When Fair Work announces new updates to an employment award, it’s important to get a Pro on the case. At Deputy, we use Specialists to constantly monitor and update the Deputy award interpretations library, so that our customers have the latest information to help them manage their compliance without doing the hard work themselves.
With the latest round of Penalty rate changes, and a new minimum wage coming into effect this July, now is a perfect time to seamlessly move your staff over to the most up-to-date award interpretation and check off your first New Financial Years resolution.
To find out more about the Fair Work Australia changes, please refer to the Fair Work Website.