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Open For Business

Staff Costs

Now that you’re ready to launch, consider if you need to hire staff to keep your business afloat during trading. Depending on the size and needs of your business – whether you need to hire one or two qualified staff, or need to hire a large amount of workers – all employees have the same rights no matter what industry they are in.

Before hiring, seek advice from your accountant to figure out how many workers you need, the costs of having staff, and how to start the process. Your accountant or bookkeeper will be taking care of how your staff are paid, so you need to have an open, honest relationship with them from the beginning.

Some costs you need to cover for staff include:

  • Wages, including penalty rates and leave
  • Uniforms
  • Purchases made on behalf of your business by staff

Wages: how can I find the right award?

In January 2010, modern awards came into effect which covers most Australian employers and employees; they contain the minimum terms and conditions for employees, particularly in industries and occupations.

It’s important for you and your staff to know the relevant award for their wages and whether they are casual, part-time or full-time workers.

To find the right award, the Fair Work Ombudsman can help you locate the proper industry award and calculate your employee’s wages.

Staff Costs

Fair Work Ombudsman

Locate the proper industry award and wages for your staff.