PEO & Employer of Record in Australia
Expand Your Business With Our Australia PEO
GlobalPEO delivers a top tier employer of record service for clients that are looking to recruit, hire, and operate payroll services without first setting up their own subsidiary in Australia.
How it Works: Our Australia PEO & EOR hires your candidate while abiding by local labor laws and cultural customs. The newly hired employee will communicate directly with your company and perform all job functions as if they were your own employee. We act as your in-country HR department and handle the entire onboarding, payroll, and benefits process in strict accordance with Australia’s regulations.
Why Choose our Australia PEO?
Australia PEO & Employer of Record
Hire, onboard, and manage employees in Australia quickly and easily with GlobalPEO. Working with our Australia PEO and Employer of Record solution eliminates the headaches that come with establishing a foreign legal entity and guarantees full compliance with local regulations.
#1 - Fast Facts For Hiring in Australia
#2 - Working Hours in Australia
#3 - Australian Employment Contracts
#4 - Australian Holidays
#5 - Bonus Payments in Australia
#6 - Health Insurance & Employment Benefits
GlobalPEO recommends budgeting approximately 18% in addition to the cost of employee workers in Australia to cover the costs of providing statutory benefits.
#7 - Sick Leave in Australia
All sick/personal leave is payed for by the employer.
#8 - Maternity Leave in Australia
In order to be eligible to receive maternity leave to its fullest extent, parents must be the primary caregiver of a newborn child or a child they have recently adopted. Also, the Australian government requires that these employees have worked for the same company for at least 10 of the prior 13 months in order to be eligible. Additional requirements include meeting local residence requirements, earning less than $150,000 in the preceding fiscal year, and not returning to work during the period in which they are receiving the Parental Leave Pay.
Partners are entitled to receive two weeks of paid leave by the government as long as they are not already receiving paid leave from their employer.
#9 - Termination & Severance in Australia
Less than 1 year with the company – one weeks’ notice.
1-3 years – two weeks’ notice.
3-5 years- three weeks’ notice.
5+ years – four weeks’ notice.
Employee’s have the ability to negotiate a longer notice period in their employment contract. If an employee feels they have been terminated unfairly, they have 21 days from the day they were terminated to file an official claim with Australia’s Fair Work Commission. If the employee wins the case, the employer may owe up to six months compensation to the employee.
#10 - Australia's Tax Laws
Employers operating in Australia must contribute at least 9.5% of employees’ gross salaries toward their individual retirement funds. This applies to all employees making more than $450 AUD per month.
Employers must also pay taxes on the specific value of the fringe benefits offered to their employees, which include the use of a company car, parking fees, a gym membership, and private health insurance.
Why Choose GlobalPEO?
Global expansion is a great step for your business – and now it’s easier than ever. Setting up your own entity in each country where you wish to operate can be expensive, complicated, and requires deep knowledge of the specific rules and regulations. Let GlobalPEO take care of everything. From International PEO & EOR, Global Payroll and International Recruiting we deliver our exceptional services at an affordable price.