As we enter the new year, it’s evident that significant shifts in Australian employment law have set the stage for a dynamic landscape in 2024, with no signs of slowing down. The “Closing the Loopholes” legislation, currently before parliament, adds an extra layer of complexity to the industrial relations arena.
Key Insights for Business Leaders:
1. Compliance Challenges on the Rise: Compliance is paramount for all employers in the face of evolving employment laws. The persistent challenge lies in navigating modern awards and enterprise agreements. Regardless of size, businesses find themselves under scrutiny and potential prosecution for ‘wage theft’ despite genuine efforts to meet employee entitlements.
2. Focus on Statutory Minimums: The Fair Work Ombudsman emphasises compliance with statutory minimum pay and conditions. Expectations of performance from employers are on the rise, necessitating regular pay audits and risk reviews to ensure employees receive their entitled pay and other benefits under relevant awards or agreements.
3. Legal Avenues for Employees: Employees possess various legal avenues, including discrimination claims, general protections, dispute filing, grievances, and whistleblower complaints. To mitigate these risks, employers must ensure comprehensive employee contracts reflecting the employment relationship and a robust suite of policies outlining work practices and conduct expectations.
4. Safeguarding with Contracts and Policies: Best practice contracts provide legal protection to both employers and employees, outlining employment conditions. Coupled with clear policies, they form a robust framework to manage risks associated with employment relationships.
How Business 360 Can Assist: If you haven’t recently reviewed your awards, pay and entitlements or need clarity on HR and WHS responsibilities, Business 360 is here to answer your questions.
Call us at 1300 287 360 or email email@example.com. For a confidential discussion with one of our directors, scan or click below to book a time to address your specific needs.
Stay ahead of the curve and protect your business in 2024 by staying informed, prepared and proactive!