6 Secrets to getting prompt payment
If you’re struggling with late payments, and around half small businesses are, here are some simple strategies to use. 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.
6 Secrets to getting prompt payment
If you’re struggling with late payments, and around half small businesses are, here are some simple strategies to use. Read More…
Getting late payments under control
63% of Australian businesses say they are losing money to late payments. Here’s what you can do to get your late payment issues under control. Read More…
Learning to make good business decisions
Financial reports show where your business has been; KPIs and expert guidance help decide where it’s going. Combine solid data with strategic thinking to make every decision count. Read More…