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Employers and the Employee / Contractor Decision Tool

employers and the employee

Employers do you have employees or contractors?

It can be time consuming and confusing for clients to try and understand the exact type of arrangement and obligations that go with it.  Also there have been many cases where a business owner thinks that a person has been engaged as a Contractor only to subsequently discover that they are deemed to be an employee and hence entitled to certain benefits and entitlements.

The Australian Taxation Office has set up a couple of online decision tools which are a series of questions and answers and resulting explanations.  The good thing is there is no requirement to enter the TFN so the results are confidential.

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What is an Office Syndicate

office syndicate
Many workplaces have the traditional office syndicate where everyone chips in a few dollars every week to buy a Gold Lotto entry.  No one expects to win but shock horror you actually win a substantial prize.  This is where things can turn ugly and there are lessons to be learned.
We were recently involved in such a case.  8 staff were in an office syndicate for Gold Lotto.  They won $250,000 however one member was on holidays at the time and hadn’t paid their money.  The “leader” of the syndicate and a few others then argued that the holidaying employee wasn’t entitled to a share of the prize because she wasn’t paid up.
Don’t think it could happen at your workplace? Well think again.  Where money is involved, especially a substantial sum, people have a habit of reacting in an unusual and sometimes nasty manner.  So my advice is:
1. Have some clear cut rules as to membership and eligibility of the syndicate.
2. Make sure someone is responsible for running the book on who has paid and who hasn’t and what the rules are around payment and more importantly non-payment of dues.
3. Post your rules on the noticeboard or on the fridge in the staff kitchen or some other prominent place at work where everyone has access to them.
4. Register a syndicate with Golden Casket.