PEO Worldwide delivers employer of record services for business’s looking to hire new employees or transfer existing employees into a fully-managed PEO Service in Australia.
We appreciate that each situation and business is different. That is why our PEO Service in Australia allows you to leverage all the benefits of a co employment relationship, whilst doing what you love best – driving your business forward.
PEO Australia & Employer Of Record Service Overview
Our Australia PEO service is designed to ensure your business stays fully compliant with Australian employment legislation. We will support your business by providing the following:
Hiring and onboarding of employees
Comprehensive contracts of employment
Management of statutory or enhanced employee benefits
Fully-managed Payroll processing service
Termination of contracts, if needed.
Contract Of Employment
Each employee who is employed by your business in Australia is issued with a comprehensive letter of engagement confirming the salient points pertaining to employment (employment contracts are not so commonplace as statutory provisions in Australia are more so implied by law).
We ensure to provide you and your employees with the following:
An overview of the statutory provisions to comply with the National Employment Standards in Australia will be made available to you prior to contract offer.
PEO Worldwide will appraise you of all the salient in-territory HR rules to ensure you have a thorough understanding of Australian laws and protocols.
In conjunction with in-country expert advisors, PEO Worldwide will recommend where these provisions can easily be enhanced enabling you to provide a fully competitive salary and benefits package for all your employees.
Salary, Commissions/Bonuses & Benefits are agreed with the ‘workside’ employer and contractually included.
PEO Worldwide work with our in-country legal experts and experienced staff to easily guide you through the myriad of complex laws and regulations.
PEO Worldwide can offer the following:
Fully managed service to assist with routine HR tasks such as absence management and expense processing
Guidance on in-territory compliance requirements such as any legal obligation to record time and overtime provisions.
Ad-hoc support available around the clock to support you when you need it most in the event of any disciplinary, grievance or other HR matters requiring urgent attention.
Regular updates and advice available to ensure ongoing compliance with all aspects of Australian employment law.
PEO Worldwide will bring any issues to your attention promptly and where appropriate, work with you to ensure internal policies and handbooks are updated accordingly.
Workers Compensation Insurance (State specific) which provides cover for the cost of any benefits for any employees who may have a workplace injury, illness or disease.
Payroll Processing & Settlement
Our fully-compliant payroll funding process ensures that employees and competent authorities are paid on time, electronically and into the relevant bank accounts. We hope to enjoy a long and mutually beneficial relationship with all employees we work with.
PEO Worldwide can also offer the following:
Statutory filing, submissions and end of year reporting completed as standard.
Superannuation payments calculated in accordance with rates prevailing (currently 9.5%, rising to 10% on 1 July 2021) made either to employee’s own fund or a PEO Worldwide designated fund. In addition, we follow the data and e-commerce standard when making all super contributions.
Staff payments made to employees on fixed weekly/ Bi weekly/ monthly basis as required in local currency.
Electronic Payslips provided to employees.
Offboarding documentation if required
Why use us as your PEO in Australia?
As businesses are becoming increasingly specialised, Globalisation is no different. As the world develops new rules, laws are consistently evolving and updating making it more complex to manage. It is no wonder that a business now engages with an Employer of Record to help take the risk, cost, and complexities associated with expanding overseas.
We can help you to:
Expand quickly into new and emerging markets
Move long term contractors to a compliant solution
Provide a stable workforce for your business
Offer new employees and same benefits and security as other members within your organisation
Ensure legal, HR & Payroll compliance in country
Reduce suppliers and complexities
Reduce cost v’s a “traditional” set up for a small number of employees
Reduce processing and back office management
As a Global PEO expert in Australia, we adhere to Australian laws and regulations, taking HR, Tax & Social Security matters from your shoulders on to ours. We can also ensure fast delivery of boots on the ground by allowing you to leverage the power of our talent pool using our Global Consultancy Service. You will have complete peace of mind knowing that our team of in-territory experts will be with you throughout your expansion journey in Australia. Learn more about the benefits of using a PEO here