Conducting business in a foreign location sometime can mean just being at the right place at the right time. Expanding business overseas can be extremely overwhelming as there are a large number of complexities involved.
Global HR Consulting Services – Helping With the Array of Changes to Employment Related In Australia
1. Global HR Consulting Services – Helping With the Array of Changes to Employment Related In
Australia
Conducting business in a foreign location sometime can mean just being at the right place at the right time.
Expanding business overseas can be extremely overwhelming as there are a large number of complexities involved.
There are many who have decided to put behind them all the complications of recent past downswings and
expand or start up their business overseas, specifically in Australia.
The Australian government has made entry for international business appealing by making changes to many
employment related financial thresholds. These changes are applicable from July 1, 2013 and apply to Unfair
Dismissal Application and Annual Earnings Guarantee (Before Statutory Superannuation), the threshold has
changed as follows:
AU$ 123,300 for fiscal year (2013/2013), and
AU$ 129,300 for fiscal year (2013/2014).
If an employer assures an employee that he/she will receive more than the above income limit, both parties may
enter into an agreement (Guarantee of Annual Earnings) and the employee can be excluded from Award coverage.
For Unfair Dismissal Applications, an employer could be liable to pay a maximum compensation of:
AU$ 61,650 for fiscal year (2013/2013), and
AU$ 64,650 for fiscal year (2013/2014).
Global HR Consulting Services
When doing business overseas, keeping up with the interminable list of laws prevailing in a foreign country can be
difficult and businesses could face a lot of complications without proper guidance. To ensure that your
international expansion is devoid of any impediments, organizations need to acknowledge and understand the fine
print of a country’s policies and regulations. Knowing the complexities around the disparate laws can be confusing
and cumbersome, most of the time, which is why it is prudent to take the help of a business consultant who can
simplify the entire process in almost all the areas of your business and avoid any violation of existing laws. Partner
with the right Global HR Consulting Services and get all the necessary assistance in employment law, benefits and
expat related issues. With the right service provider, get assistance and guidance in other areas and also benefit
from Pensions Advisory Service, International Business Accounting & Consulting Services, etc.
Read more on - Challenges for Expanding Business Overseas, Global and International Payroll Service Providers