Most awards say you must be paid your final pay within 7 days of your employment ending. Your enterprise agreement or employment contract can also say when it’s due. If yours doesn’t say anything about when it must be paid, it’s best practice for your employer to pay within 7 days of you finishing up. Find more info about your final pay, including how to calculate what you’re owed here: https://lnkd.in/d8_9Npr
The Fair Work Ombudsman’s Post
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Flexible, sensible HR support for owners & managers of growing SME’s | Wilmslow & surrounding areas | ⭐️⭐️⭐️⭐️⭐️ | CIPD Level 7 | Qualified Mediator
Now is an ideal time to have your employment contracts and handbooks reviewed, not only because of bank holidays but also changes to how holiday pay can be calculated, additional rights for employees and changes to some existing rights coming into effect this year. We have availability in April to undertake more Contract and Handbook reviews so let us know if you'd like to discuss!
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Are you aware that fixed term contracts have renewal limitations? A fixed term contract can’t have an option to: - extend or renew the contract so the period of employment lasts for longer than 2 years, or - extend or renew the contract more than once. There are some exceptions to these rules that mean the limitations don’t apply. Remember, employers must give every employee engaged under a new fixed term contract a copy of the Fixed Term Contract Information Statement that’s available on our website. We have more info on fixed term contracts and the exceptions here: https://lnkd.in/gx29vpjR
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Did you know that renewal limitations apply to fixed term contracts? Check out the post below to learn more 👇
Are you aware that fixed term contracts have renewal limitations? A fixed term contract can’t have an option to: - extend or renew the contract so the period of employment lasts for longer than 2 years, or - extend or renew the contract more than once. There are some exceptions to these rules that mean the limitations don’t apply. Remember, employers must give every employee engaged under a new fixed term contract a copy of the Fixed Term Contract Information Statement that’s available on our website. We have more info on fixed term contracts and the exceptions here: https://lnkd.in/gx29vpjR
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Employers - have you checked your contracts and removed the clause relating to confidentiality of pay? If not, you should as you are liable to face penalties if you continue to include them. #paysecrecy #hr #businessary #makingthecomplexsimple
Did you know that employment contracts made on or after 7 December 2022 cannot contain pay secrecy terms? Employees (and prospective employees) have a right to talk about their pay (and any terms and conditions necessary to work out their pay) with anyone if they want (or don’t want) to. Employers can’t take adverse action against an existing or prospective employee if they exercise this right. If an employer enters into an employment contract that has a secrecy term, they could face penalties. Our website has more info: https://lnkd.in/gTk3PS3W
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Legal, Compliance & Board of Directors Matchmaker, partnering with Corporate/Non-Profit C-Suites to find the right strategic legal, compliance and Board talent.
Retaining your Top Legal Talent Tip #6: Compensation Adjustments In the current landscape where cost-cutting is a priority for many companies, ensuring your legal team's compensation remains competitive is crucial for retention. To retain your top talent, consider the following tips: - Stay informed about market compensation trends in your industry, location, and among similar organizations. - If you need guidance, don’t hesitate to reach out to us. We can provide valuable benchmarking insights from our in-house reports and industry expertise. - Be open to exploring creative compensation solutions. If adjusting base salaries isn't an option, consider alternatives like offering additional equity or additional bonuses. For any compensation-related queries, please reach out. Wishing you all a Happy Fourth of July!
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The latest Paychex Small Business Employment Watch marks nearly three consecutive years of job growth and three months of unchanged hourly earnings growth for U.S. small businesses and their workers. To see what this means for the labor market, check out the release.
January Small Business Employment Watch
paychex.voicestorm.com
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Let's Talk About Human Capital Management and How Important it is to Your Business!
The latest Paychex Small Business Employment Watch marks nearly three consecutive years of job growth and three months of unchanged hourly earnings growth for U.S. small businesses and their workers. To see what this means for the labor market, check out the release.
January Small Business Employment Watch
paychex.voicestorm.com
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The latest Paychex Small Business Employment Watch marks nearly three consecutive years of job growth and three months of unchanged hourly earnings growth for U.S. small businesses and their workers. To see what this means for the labor market, check out the release.
January Small Business Employment Watch
paychex.voicestorm.com
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The latest Paychex Small Business Employment Watch marks nearly three consecutive years of job growth and three months of unchanged hourly earnings growth for U.S. small businesses and their workers. To see what this means for the labor market, check out the release.
January Small Business Employment Watch
paychex.voicestorm.com
Services Australia will sometimes require employers to complete an employment Separation Certificate when an employee stops working for them. You can find more info about giving and receiving separation certificates here: https://www.servicesaustralia.gov.au/employment-separation-certificates-for-employers