From www.accountingweb.co.uk: [UK context] Many firms are reevaluating their hybrid work models as they face pressure to return employees to the office, despite 71% of mid-sized UK businesses reporting positive outcomes from such arrangements, including improved performance and staff wellbeing.… read more
From holdingredlich.com: The case involves an international concert pianist who faced performance cancellation by the Melbourne Symphony Orchestra after dedicating a performance to Palestinian journalists.… read more
From slate.com: Increasingly, job seekers are encountering AI programs during the interview process, which companies employ to streamline candidate screening.
However, many candidates find these AI interviews uncomfortable and dehumanizing, often reporting glitches and a lack of real-time feedback.… read more
From ministers.treasury.gov.au: The Albanese Labor Government is advocating for a wage increase for low-paid workers to assist with the cost of living, focusing on three million workers such as cleaners and retail employees.… read more
From www.accountantsdaily.com.au: The Australian government plans to introduce a Payday Super regime starting 1 July 2026, requiring employers to pay superannuation contributions simultaneously with salary payments, a shift from the current quarterly system.… read more
From www.accountingtoday.com: AI is set to transform the role of junior accountants, as traditional low-complexity tasks become automated, making it necessary to rethink how accounting firms train and develop these professionals.… read more
From www.salea.com.au: Voluntary administration allows insolvent companies to pause trading and reassess their financial position while an external administrator takes control.
Employee entitlements may be affected during this process, with ongoing employees receiving payment for services provided afterward, but unpaid wages from before the administration might not be covered immediately.… read more
From bdo.com.au: Employers must ensure they pay employees their legal entitlements to avoid severe penalties, including fines and imprisonment, for wage theft.
Regular audits and collaboration with experts can help businesses maintain compliance and address any discrepancies.… read more
From www.accountingtoday.com: Artificial intelligence is transforming recruiting in the accounting profession by enhancing efficiency in sourcing and evaluating candidates while improving the quality of hires through better assessment of skills, including both technical and interpersonal abilities.… read more
From www.icaew.com: [UK context] Rising National Insurance contributions and the national minimum wage are significantly impacting UK businesses, leading to a decline in employment and heightened costs that complicate growth and innovation.… read more
From alvarezandmarsal.com: HR operating models significantly impact financial performance, workforce productivity, and talent retention.
Aligning HR strategies with business goals can optimize costs, enhance innovation, and improve customer experiences.… read more
From atlaswealth.com: Woodside’s expansion into the U.S. leads to many Australian employees relocating for strategic roles, presenting significant financial complexities, including challenges with restricted stock units (RSUs) and superannuation.… read more
From www.russellkennedy.com.au: The Fair Work Ombudsman is conducting a nationwide “record-keeping blitz,” targeting approximately 50 businesses across Australian cities to ensure compliance with record-keeping obligations under the Fair Work Act 2009.… read more
From www.khq.com.au: SafeWork Australia has published a report summarising significant developments in workers’ compensation schemes across Australia and New Zealand for 2024.
The Fair Work Commission announced updates including the expanded coverage of the Early Childhood Education and Care Multi-employer Agreement and rejected Grill’d’s enterprise agreement due to inadequate explanation of its terms to employees.… read more
From www.aigroup.com.au: Leaders conducting performance reviews should understand their purpose, gather comprehensive data, and set clear objectives to guide the discussions.
Effective communication and a structured agenda are essential for providing constructive feedback and encouraging employee development.… read more