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Increased Rent Notice document sample
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7c7a650f-3639-484b-a20b-726495893440.xls
Market Conditions Summary - Australia
LAW MARKET MARKET Example 1 MARKET Example 2
general information
Recruitment and Contract
As per stated in contract of employment,
Probationary Period 3 months as per State award usually three months.
Probationary Period Controlled by terms and conditions in
Extension Must be documented reasons and controlled contract of employment.
Up to 1 year service = minimum 1 week's
notice. >1 year< 3 years
=2 week's notice. >3 years at least 4 weeks.
employee over 45 yrs old +2 yrs continuous
service, the notice period increased by one
week. If compensation paid instead of giving
notice, the amount paid must be equivalent
to the total remuneration the employee would
have received had the employee worked By mutual agreement, usually as per
Notice Period during the notice period. contract of employment.
Notice Period 2
Notice Period 3
Notice Period 4
Fixed Term Contract As above
. A basic contract of employment should
contain the basic following information:
· Title of position being appointed to;
· Title of person to whom the position reports
to;
· Salary, superannuation, and other
compensation details;
· Notice period of either party in the event of
termination;
· Any dismissible offences, (eg sexual
harassment);
· A probationary period, during which the
employee can be terminated. (At the
conclusion of the period, the employee’s
appointment must be confirmed or
terminated.)
Indefinite Contract
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7c7a650f-3639-484b-a20b-726495893440.xls
Market Conditions Summary - Australia
LAW MARKET MARKET Example 1 MARKET Example 2
general information
60 in the private sector, 65 in the state
Retirement Age sector per mutual agreement
Employment Conditions
As per contract of agreement, whether
the employee is full time/permanent, part
time or casual and award rates or above
Working Hours 40 hour work week. applies under these circumstances.
Australian employees are entitled to 20 days
annual leave per year. This does not include As per set in the State Award, usually 20
Vacation any public holidays. days at a mutually convenient time.
As per employer special case
Special Leave 3 days is given for death of a care giver consideration.
Birth of Child
Death of Spouse or child
Death of Father or Mother
Marriage
As per employer special case
Marriage of a child consideration.
As per employer special case
others At the consideration of the employer consideration.
Mon 1 January 01 New Year's Day:
Fri 26 January 01: Australia Day:
Fri 13 April 01: Good Friday:
Mon 16 April 01: Easter Monday:
Wed 25 April 01: ANZAC Day:
Mon 7 May 01: Labour Day:
Mon 11 June 01: Queen's Birthday:
Wed 15 August 01: RNA Show:
Mon 1 October 01: Queen's Birthday:
Tue 6 November 01: Melbourne Cup Day:
Tues 25 December 01: Christmas Day
Public Holidays Wed 26 December 01: Boxing Day:
Maternity leave 6 weeks paid leave 6 weeks paid leave
Employees are also entitled to up to twelve
months unpaid maternity and paternity leave.
Paternity and Parental This is normally not available in the first year
Leave of service.
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7c7a650f-3639-484b-a20b-726495893440.xls
Market Conditions Summary - Australia
LAW MARKET MARKET Example 1 MARKET Example 2
general information
Unpaid leave
Remuneration
Employment contract governs mutual Employment contract governs mutual
Bonus agreement regarding bonuses agreement regarding bonuses
12 months pay with one month paid for Pay is as stated in contract of
holidays.This is paid after the work is employment, with holidays being
Months of salary completed at a mutually agreed time, either governed by the statutes which demands
payment weekly, forthnightly or monthly. four weeks paid vacation per year.
Social Coverage
Sick leave entitlements vary greatly and
range from three days paid leave in the
first year of service, (a doctor’s certificate
must be produced), to unlimited sick
leave, The average entitlement would be
about 8 sick days paid leave per
year.Employers pay a fixed sum to the
government depending on staff numbers
which covers the employer in times of
Workers compensation governs the length of employee accident at work or employees
Payment of salary after time and payment given to employees. This having an accident on the way
accident or sickness insurance is paid for by the Employer. home.from work.
If death occurs at work, Workers
Components of this is covered within the Compensation covers the cost for the
Workers Compensation arena, if employee employers liability. Apart from this
dies on the job he is covered by this employees may elect to take out private
Life insurance program. insurance cover.
Military Service Not applicable Australians voluntarily join the forces.
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7c7a650f-3639-484b-a20b-726495893440.xls
Market Conditions Summary - Australia
LAW MARKET MARKET Example 1 MARKET Example 2
general information
Family Tax Benefit A and B (family
allowance) and rent assistance
Double Orphan Pension
Maternity Allowance
Child Care Benefit
Maternity Immunisation Allowance
Low Income Health Care Card Social services is now managed by
Seniors Health Card Centrelink. This department looks after
all social benefits including Austudy,
Social Insurance Pensions, Unemployment and Disability.
As per contract of employment and As per mutual agreement by the
Early retirement agreement with employer. employee and employer.
Current government scheme sees
employers paying 9% of the employees
salary towards an elected insurance
provider's management funds.This is a
minimum percentage which is increased
by 1% on income over A$81493 for every
A$1165 to a max of 15% for A498995 but
to a maximum of A$105200 pa. The
employee at the moment has to accept
the employer's choice of superannuation
fund "complying sponsored fund" .From
July 2004 the employee will be able to
specify a personal fund and this is likely
to increase the number of funds to which
Mandatory 8% of salary paid for by Employer employers need to pay and will increase
Pension into employee elected superannuation fund. complexity.
Workers elect to contribute towards private
Principle of the pension pension funds and control their own finances For senior citizens to ensure that they
arrangements during later years. have a savings.
By employer as per contract of employment
or as manadatory by State. Compulsory for As per individual need and desire and
Contributions employers and elective for employees. savings plan.
By way of State Workers Compensation Act
and can be supplemented by employees
Accident Insurance private insurance. As an individual need.
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7c7a650f-3639-484b-a20b-726495893440.xls
Market Conditions Summary - Australia
LAW MARKET MARKET Example 1 MARKET Example 2
general information
Government has a big push on
Mandatory Medicare payments of 2% encouraging all citizens to take out
deducted from employees salaries and private insurance. Tax benefits can be
encouraged to take out private medical by accured for all citizens who have elected
Health Insurance State. to take out private health.
Long Term Care Insurance Personal choice.
As per Workers Compensation paid for by
Disability Insurance employer or elected privately by employee. Personal choice.
Depending on the situation, this is part of
the payment by Social Services and is
As per Social Security Act and is means asset tested.Covered by Centelink which
Child Allowance tested for parents. is a government department.
SOCIAL INSURANCES
Old age and surviving
dependents insurance,
Disability insurance,
Loss of earnings
insurance Personal choice.
Unemployment Covered by Centelink which is a
insurance government department.
Unemployment As per Social Security payments which is Covered by Centelink which is a
insurance (cont) means tested and controlled by the State. government department.
Professional and non-
professional accident This is covered under Workers Covered by Centelink which is a
insurance Compensation if the accident occurs at work. government department.
Loss of earnings If accident occurs at work, State picks up the MBF,HCF, and Medibank dominate the
insurance for sickness bill as per Workers Compensation insurance. market
Private Health Encouraged by State. State
covers Medicate which provides basic health
Health Insurance cover for all. Private Health care dominated by
Total see sample charges spreadsheet
Termination
Indemnities
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7c7a650f-3639-484b-a20b-726495893440.xls
Market Conditions Summary - Australia
LAW MARKET MARKET Example 1 MARKET Example 2
general information
Unfair dismissal claims often permitted
by courts in Australia. The prudent
The employer must give the employee notice organization ensures that Contracts of
of their termination, or pay compensation in Employment covers issues such as
place of notice, unless the employee is guilty termination and seeks employee
of serious misconduct. authorization of same. Employees
<1 year service = min 1 weeks notice. covered by a Federal Award are entitled
>1 year< 3 years =2 week's notice. >3 to 2 weeks pay per year of service and
years at least 4 weeks. If this is frequently matched in the non
employee over 45 yrs old +2 yrs continuous award sector. In theory only employees
service, the notice period is increased by earning less than A$72500 including all
one week. If compensation paid instead of superann payments and bonuses are
giving notice, the amount paid must be eligible for unfair dismissal legal
equivalent to the total remuneration the protection. The maximum award from an
employee would have received had the unfair dismissal case - apart from
Termination Indemnities employee worked during the notice period. reinstatement- is 26 weeks salary.
Legal Services in Australia
Recommended legal companies available from Compandben SA
Payroll Services in Mexico
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