Following months of industry speculation, as many have predicted NSW workers compensation premiums will be increased from 1.4% of wages to 1.44% of total NSW wages in the 2021-22 financial year. With the icare run NSW workers compensation scheme having been in media headlines, this announcement comes as no surprise. So what does it mean for your business?
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Pre-employment Functional Assessments (PEFAs), also known as pre-employment screenings, are evaluations designed to determine whether a candidate is physically and mentally fit to perform the essential tasks of a role. Moreover, when conducted by allied health professionals such as physiotherapists, exercise physiologists, or occupational therapists, these assessments ensure employees are matched to roles that suit their capabilities
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There are currently no laws in Australia that require the COVID-19 vaccination to be mandatory. Employers are not required to enforce their employees to be vaccinated against COVID-19 despite obvious benefits from being vaccinated. What does it mean for businesses?
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Workers Compensation is designed to protect both employees and employers when workplace injuries occur. For businesses, navigating the complexities of claims, premiums, and rehabilitation can be challenging. Miscommunication, inconsistent information, and frequent changes in case managers often add to the confusion.
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Responsibilities and obligations towards employees are generally understood by most employers in NSW so that coverage is ensured in the event of a workplace accident or injury. However, less awareness is shown of how NSW Workers Compensation premiums are calculated each year and of the key factors by which the final premium payable is influenced
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