Joe Walsh

Wage subsidies for older employees

As part of an attempt to boost the participation of older Australians in the workforce, the federal government is offering business incentives of up to $10,000 to hire employees over the age of fifty. The wage subsidy scheme, called Restart, will require employers to demonstrate that the filled position is ongoing, sustainable and has not led to any other employees being dismissed in favour of a...

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Changes to card payments

From 1 August 2014 Australians will no longer be able to use their signature to verify credit card purchases. Chip reading and PIN will become the only ways to use a card at point of sale, but there will be no changes to online purchases. This has been undertaken as an initiative to reduce card fraud, which currently costs Australians approximately $81 million per year, but may pose some initial...

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Issuing electronic payslips

Electronic payslips are becoming an increasingly attractive option for employers as they allow for ease of delivery and can significantly reduce administrative costs. Employers are required to provide employees with a payslip within one day of the end of the previous pay cycle. If you fail to meet your payslip and record keeping requirements, you may face a fine of up to $510 per contravention...

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Reducing your electricity costs

Energy costs can be an enormous drain on your resources, and it is more than likely that the cost of electricity will continue to rise. Reducing your energy consumption will save you money on your electricity bill. It can also be an exciting opportunity for you to promote your green credentials as part of a marketing initiative. An easy place to start is by progressively investing in energy...

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A guide to performance review

When carried out effectively, formalised performance reviews can be beneficial for both you and your employees. It is an opportunity for you to demonstrate how much you appreciate your employees’ contributions and undertake collaborative reflection on potential business improvements. However, there are a lot of potential pitfalls that can undermine the effectiveness of performance reviews,...

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