Archive for March, 2010

Parental leave and Foster Parents

Friday, March 26th, 2010

Unfortunately the National Employment Standards and Fair Work do not allow for unpaid foster parent leave such as would apply for normal parental leave entitlements and arrangements.

Employers can allow their employees’ to take leave without pay however they are not obliged or required to do so.
For further assistance contact Biz Momentum 07 3349 5662

Fringe Benefits Tax Interest rate commencing 1 April 2010

Thursday, March 25th, 2010

The Australian Taxation Office has released the statutory interest rate applicable for FBT payments commencing from 1 April 2010.

Click on the attachment to download a copy of the ruling.
Sponsored by Biz Momentum www.biz-momentum.com ‘We operate Australia Wide’
 FBT Interest Rate    

 

Why you must have Job / Position Descriptions

Tuesday, March 23rd, 2010


It’s vital that everyone in your organisation has a written outline of their role; a position description.

Position descriptions clarify what you can ask your employees to do AND give you the back-up you need if they refuse to follow your instructions.

With the introduction of modern awards as at 1 January 2010 there are detailed classifications that apply to your business when remunerating your employees. If your position descriptions are incorrect you could find yourself subject to claims for backpay.

Writing detailed position descriptions can be time consuming and costly. We at Biz Momentum have developed a suite of Job Descriptions that comply with legislation, pre-written and cost effective.

Contact us today to see how we can assist you. www.biz-momentum.com (T) 07 33495662 or email info (AT) biz-momentum.com ‘We service you whereever you are located’.

Annualised Salaries Agreements

Monday, March 15th, 2010

The implementation of Modern Awards has opened up the possibilities of employers entering into Annualised Awards with their employees.

This provides that an employer may pay an employee an annual salary in satisfaction of certain provisions of the award such as;

1.       Minimum weekly wages;
2.       Allowances;
3.       Overtime and penalty rates; and
4.       Annual leave loading.

Where an annual salary is paid the employer must advise the employee in writing of the annual salary that is payable and which of the provisions of this award will be satisfied by payment of the annual salary. The annual salary must not disadvantage the employee and must be reviewed annually.

At Biz Momentum we can assist you in writing and implementing these agreements for your business.

Contact us www.biz-momentum.com (T) 617 3349 5662 (M) 61 409 002 365 – we work Australia wide.

Chiropractic Confusion over Modern Award

Monday, March 15th, 2010

There seems to be some confusion within the Chiropractic Profession in respect to the new modern award ‘the Health Professionals and Support Services Award 2010’.

We at Biz Momentum have assisted practices safely navigate the requirements of these changes resulting from award coverage and the new Fair Work Act.

You can help yourself by contacting us www.biz-momentum.com (T) 61 7 3349 5662 (M) 61 409 002 365 We work Australia wide.

Cashing out annual leave – Accountants and Professionals

Sunday, March 14th, 2010

An employer and an award/agreement-free employee (such as an Accountant, Human Resource Professional and Lawyers to name a few employees in award free categories) can agree to the employee cashing out a particular amount of the employee’s accrued annual leave.

There are rules in what an employer must do to cash out annual leave. For further information please contact Biz-momentum www.biz-momentum.com (T) 617 3349 5662 (M) +61 409 002 365. ‘Servicing Australia in all states and territories’.

Forced to employ minimum numbers of females

Monday, March 1st, 2010

BUSINESSES will be forced to employ minimum numbers of females in the workplace under new laws being considered by the Federal Government. 

Bosses employing 15 or more people will be required to report on the gender balance in the workplace under proposals in a new government commissioned report.