$23M penalties in 7 years: Why SMEs keep making the same wage mistakes
“I felt terrible,” says underpaid worker whose case triggered massive penalties. Wage compliance failures devastate lives and businesses: here’s how to avoid them.
“I felt terrible,” says underpaid worker whose case triggered massive penalties. Wage compliance failures devastate lives and businesses: here’s how to avoid them.
Starting January 2025, deliberate wage theft will come with serious consequences for employers in Australia.
Sharp fall in recruitment difficulties believed to be a key reason for moderation in wage growth.
Australia’s labor market is showing signs of stability, with wage growth moderating and productivity improving.
Xero’s latest Small Business Insights update reveals resilient Australian small businesses, with steady job growth and wages, despite slowing sales and rising cash flow pressures.
In recent years, reports of wage underpayment have significantly risen across Australian businesses, including small and medium sized enterprises.
A $130 billion wage subsidy scheme (JobKeeper) has been announced by federal government to support businesses during the COVID-19 pandemic. The plan to subside wages, known as the JobKeeper payment, is historic, with Treasurer Josh Frydenberg stating to Sky News this morning that Australia has “never seen income support like this.” Prime Minister Scott Morrison […]
A third round of stimulus is expected soon in the hopes of keeping the economy afloat during the COVID-19 pandemic, with more details on Morrison’s reference to “hibernation” for small business included. Recent updates from the COVID-19 pandemic from the weekend include the limitation of gatherings to just two persons, and the government’s announcement of further […]
As it is seen in mainstream discussions in recent years, wage theft is the practice of denying workers their rightful wages or benefits in contemporary workplaces. It is recognised in various forms, including failing to pay wages, overtime, “off-the-clock” works and refusing employees’ entitlements such as vacation times and sick leave. Since last year, prominent […]
The Fair Work Commission has decided on a three per cent increase in the national minimum wage from July 1. Australia’s lowest paid workers will get a smaller pay rise this year of three per cent, but the industrial umpire says it will help improve their living standards. The national minimum wage will rise by […]