The true cost of a new employee

Not paying enough can be surprisingly expensive – the cost of replacing an employee can be much higher than providing a reasonable salary boost. When you’re calculating pay rises, it’s important to think about more than just how much you can afford. You also need to consider the true cost of replacing that employee. Low […]

Top reasons why you should take employee retention seriously

Some businesses treat employees like interchangeable cogs, but there are some compelling reasons why you should do all you can to keep good people with the company. This article looks at why you should take a strategic approach to employee retention. This article was originally published by Nick Stanley from MyHR. We have updated this […]

When Can You Deduct Money from an Employee’s Wages?

Employers, did you know that there are only a few situations where you can lawfully deduct money from an employee’s wages? There are only a few situations where you can lawfully deduct money from an employee’s wages. Make sure you check what’s allowed before deducting so that it’s following the Fair Work Act. Even if […]

Contractor or Employee – What You Need to Know

Contractor or Employee – what should your staff be? There are many factors to assess and it’s the business owner’s responsibility to get it right.  What is the difference between a contractor and an employee and whose responsibility is it to get right? An employee A contractor It is the business owner’s legal responsibility to […]