How to save your business money

There are 6 really easy ways for  businesses in Australia to save money. Here’s a quick checklist:

  1. If your business is based in NSW and you hire someone into a new position make sure you register with the NSW Government’s new hire scheme to be eligible for a rebate
  2. Stop paying super on overtime – only in very special circumstances will you have to
  3. Stop paying super beyond the current annual threshold of $216,120 (unless it’s specifically mentioned in your employees’ employment contract)
  4. Stop paying super on employees’ salary sacrificed amounts
  5. Have an updated leave policy which incorporates cashing out annual leave and making employees take their annual leave
  6. Get your staff and managers trained in workplace harassment awareness training

These are really simple steps you can take almost straightaway. To find out more contact me on 1300 900 741 or email me at david@wurhthhr.com.au