Earlier today, ABILITY GROUP owners Julie and Marc met with NSW Minister Sophie Cotsis to discuss workplace safety. They shared insights, highlighted challenges, proposed improvements, and explored how ABILITY GROUP can further support workers compensation and WHS.
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In November 2023, the Minns Government began reviewing icare to curb waste and salary costs. The insurer is now consulting unions on changes that could cut jobs and save $23 million annually.
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Psychological risks in the workplace, often referred to as psychosocial hazards, can significantly impact employees’ mental health and overall well-being. These risks stem from how work is organised, social dynamics, and the work environment itself. Identifying and addressing these risks is crucial for maintaining a healthy and productive workforce. The NSW Government has launched a new strategy to tackle psychological risks, aligned with the Code of Practice.
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Businesses with workers compensation insurance must declare the actual wages paid during their policy period. This declaration is essential for calculating your Adjusted Premium, which ensures you pay the correct amount and contribute fairly to the scheme.
ABILITY GROUP’s Declaring Wages Guide & Support is designed to help businesses navigate this process with confidence. Whether you’re a small business owner or managing a large workforce, understanding wage declarations is key to staying compliant and managing costs effectively.
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icare confirmed today that NSW workers’ compensation premiums will increase by the maximum allowed. This represents an average of 8% as previously communicated. To curb premiums, manage injuries and claims tightly.
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