In honor of Scam Awareness Week, please find five tips and resources to help you, and your small business stay vigilant against scams and boost your cybersecurity. Read More…
Dismissing an employee is never easy. It’s a difficult day for the person you are “letting go” and it can also be tough news to deliver. But if you understand and fulfill your obligations, it will make the process easier for everyone and help you stay on the right side of employment law.
The first step is to make sure you’re well prepared. Under the Fair Work Act, any dismissal must be for good reason and the rationale for terminating employment has to be clear, whether it’s for serious misconduct, continued poor performance, or commercial reasons.
Whatever the reason, you must also be committed to fair process, which includes considering the employee’s response and not predetermining the outcome. Once you have established a fair and reasonable argument, you need to consider how serious the poor conduct or performance is and choose the best option to address it:
If you are unsure about any of the steps involved, get expert advice before taking any action.
If you have any questions – do not hesitate to get in touch with your WDF Professional contact. Phone 02 6921 5444 or email accountants@wdf.com.au.
In honor of Scam Awareness Week, please find five tips and resources to help you, and your small business stay vigilant against scams and boost your cybersecurity. Read More…
6 Powerful Reasons to Watch your Financial Reports
Making time to look over your financial reports each month is an important task for any business owner. We have 6 reasons why we recommend you should start. Read More…
Are you meeting your SMSF Governance Requirements?
Opting for a self-managed superannuation fund (SMSF) may give you more control over your investment strategy and allow you to be more agile as a fund in the market Read More…