Transform your workplace with an EOFY tax claim

As the end of the financial year (EOFY) rapidly approaches and significant changes are being made to the Fair Work laws, it’s essential to review HR company practices and procedures, including employment contracts and other documents.

Insurance Advisernet has partnered with Business 360, an outsourced workplace relations consultant who can provide you with HR solutions, including comprehensive risk and compliance reviews.

HR essential questions:

1. Have you reviewed your payroll within the past year to ensure that awards, pay rates, entitlements, and calculation methods are up to date and correct?
2. Have you recently updated your employee policies and contracts to reflect any changes?
3. Have you incorporated the "Secure Jobs, Better Pay" legislation into your HR policies and informed your staff about your organisation’s position on pay equity, pay secrecy, sexual harassment, mental health and other recent changes?
4. Have you undergone an external audit of your workplace safety system and
5. is your training for safe work procedures up to date?

Adopting mandatory government compliance requirements, while essential, can also enhance your bottom line.

Significant benefits include:

1. Creating a culture of accountability that is supported by up-to-date HR systems;
2. Building a positive reputation for your company;
3. Attracting, engaging, and retaining the right people by providing a clear framework;
4. Ensuring a safe and secure work environment and minimising lost time incidents;
5. you can become an employer of choice;
6. Protecting your business through systems and procedures, with appropriate oversight to ensure that your values and goals are maintained; and
7. Minimising the risks of employee disputes, also the potential of personal penalties, which can be as substantial, and in some case jail, for directors and senior management;

Additionally, you can avoid brand damage, loss of reputation, and missed revenue opportunities due to poor service and performance standards that could negatively impact the client experience or funder requirements.

Talk to your accountant, as you may be able to claim the cost of outsourcing this crucial task to seasoned professionals.

Contact the Business 360 team to explore how they can assist you in updating and maintaining your HR and Safety Management Systems.

Make a time to speak: Calendar Booking

Call: 1300 287 360, or

Email: info@business360.au

www.business360.au

Disclosure: Insurance Advisernet Australia and authorised representatives may receive some remuneration or other benefit from Business 360.

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