Wage Audits & What To Do

Wage Audits & What To Do

Wage AuditWith the Easter long weekend upon us and with most NSW insurers having completed their outstanding renewal premium processing, ABILITY GROUP have been assisting clients and brokers with a larger number of enquiries regarding icare (previously WorkCover) Wage Audits.

Icare have a compliance program that verifies if employers have paid their correct premium. To ensure that employers are paying the appropriate workers compensation premium, legislation gives icare and the Nominal Insurance Agent right to access an employer’s wage records in conducting a Wage Audit. When an audit reveals a business has under declared their wages, the employer must pay the outstanding premium as well as a late payment fees dating back to when the premium was originally due. In addition, when wages have been under declared by more than 25%, the employer will be charged the wage audit cost.

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Health Ability Welcomes Tania

Health Ability Welcomes Tania

Profile - Tania (Square)We are excited to welcome Tania to ABILITY GROUP. After 4 years as a clinical physiotherapist, Tania joins HEALTH ABILITY as a specialist rehabilitation consultant. With expertise in assessing and treating a variety of injuries, impairments and conditions, Tania’s professional and enthusiastic approach will assist in accelerating the return to work of injured workers following a workplace injury.

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Work Capacity Decisions

Work Capacity Decisions

WCC DecisionA decision made by Workers Compensation Commission Deputy President O’Grady in Sabanayagam v St George Bank Ltd [2016] on 21 January 2016 has resulted in important changes for NSW businesses. Effective immediately, any decision to cease a workers’ weekly payments of compensation need to be communicated via a Work Capacity Decision (WCD).

This decision is important as it effectively means a legislated 3 month period is required for the WCD to be completed. In context of the 30 June 2015 changes and therefore under the new NSW workers compensation premium formula, it means the additional wage costs will impact a business’ workers compensation premium for the following 3 premium renewals. As a result it is will be increasingly important to ensure all claims are managed in a timely and effective manner. Use of specialists to expedite outcomes will assist businesses in minimising the people, business and financial costs.

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