The One Thing That Employees ACTUALLY Look for in a Company

The One Thing That Employees ACTUALLY Look for in a Company

What do employees look for in a company?   The easy answer is that employees look for perks. Think the office playgrounds of Google and Facebook. But numbers tell the truth, and what employees want even more may surprise you.   Mentoring.   Many companies are realising that employees want more mentoring in their roles. “Companies that focus on developing a strong corporate culture and mission are more likely to retain top performers because the predominant values of the workforce are changing. Employees in their twenties and thirties care less about take-home pay than the ability to work at a place that reflects their core values.”   This can look like many things and can happen in the smallest startups, to the largest multisite corporations.   So, what does your company culture look like, from a mentoring point of view?    These can be anything from regular coffee catchups between staff of different levels, or a formal ‘buddy’ system. Mentoring is something that needs be a formal follow-on from any employee induction programs. To have a chat with one of our HR consultants, get in touch with us. Whether it’s reviewing a current policy, developing procedures from scratch, or streamlining any existing programs, we can help.        ...

Cashing out Annual Leave.

If you are a business owner, small, large, or in between, annual leave can be a major liability. If you do not manage it properly, it can become a problem. When wage rates go up every year, so does your annual leave liability. It makes good business sense to manage it. The recent Fair Work decision enabled employees covered by 122 Awards to cash out their annual leave – a great result for business owners.  Previously, only employees covered under an enterprise agreement were able to.   The decision has taken effect from 29 July 2016. The four main points of change are Cashing out annual leave; Taking leave in advance; Managing excessive leave, and; When to pay annual leave. #1. Cashing out annual leave Employees are now able to cash out annual leave as long as the balance after taking leave is 4 weeks.  The agreement must be in writing. You may not cash out more than 2 weeks in a 12-month cycle. #2. Taking leave in advance This clause enables employees to take leave before they are entitled to the leave and is only allowed if the employee and the employer have an agreement signed by both parties.  In addition, the agreement must state how much leave is to be taken and when it will commence. #3. Managing excessive leave This change comes into effect on 29 July 2017. It enables employers to direct their employee to take leave – provided they meet certain requirements prior to that direction. Fair Work describes excessive leave as more than 8 weeks’ worth, or 10 weeks for a shift worker....

What the minimum wage increase means to your business.

The Fair Work Commission’s has announced its seventh annual wage review under the Fair Work Act 2009 (Cth).   Australia’s minimum wage workers are now entitled to be paid $672.70 (this is an increase of $15.80) a week, or $17.70 per hour. What you will need to consider as a SME is how this decision will impact on my business? Tip 1. – If you are paying the minimum wage under an Award, you will need to ensure that you increase wages by 2.4%. Tip 2 – Review the allowances under the award to ensure you are aware of any changes such as first aid or leading hand as these may be increased at the same time. The wage increase impacts on one in five workers whose  workplace who are currently covered under a Modern Award.. An Award sets out minimum rates of pay and working conditions, and as a business it is a good idea to be familiar with the Award you are covered under and the particular clauses which may impact on your employees. Another factor you should consider, if you are paying an Award based employee a salary or have an Enterprise Bargaining Agreement, now is a good time to reconcile this amount to ensure that employee is no worse off under conditions. The 2.4% increase to minimum wages will apply from the first fully pay period starting on or after 1 July 2016.  So if you have missed the increase in the first pay run of the new financial year, please be aware and ensure that you back pay your employee’s so you are compliant with...