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CFL Financial location Level 9, 360 Queen Street Brisbane, QLD 4000
fax CFL Financial 07 3328 8999
phone CFL Financial 07 3328 8988
Email CFL Financial mail@cflfinancial.com.au

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Retirement-in style

Retire in style checklist™

There are a few reasons why Business Owners need a Retire In Style Checklist

If you’re a successful and Motivated business owner, and want to set yourself up for retirement, this guide would be perfect for you. My clients who follow these 3 simple steps live with comfort, security and the peace of mind that financial success brings.

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The Retirement Prosperity Guide™

Make sure you don’t miss out on the Retirement Prosperity Guide

If you’re a busy Professional and you feel like you’re not building your wealth fast enough and you want smarter ways to utilise your cash flow, this guide is perfect for you. Clients who have used our strategies have the peace-of-mind knowing they have a ‘game plan’ for financial abundance.

Meeting your employee obligations

Posted on Sep 19, 2016 by CFL Financial

Employees are arguably a business’s greatest asset and are vital to its growth and prosperity. But to make the most of this valuable resource, employers must ensure that they fulfil their legal responsibilities and moral obligations as an employer.

To help avoid having a call from the Fair Work Ombudsman, here are a few points to consider:

National Employment Standards (NES)
The NES are a set of standards set forward by the Fair Work Act 2009 and acts as a guide that underpins modern awards, enterprise agreements and employment contracts. The ten NES include:

Superannuation Guarantee
When it comes to superannuation, your obligations as an employer are simple. All employers must contribute 9.5 per cent superannuation on behalf of their employees on a quarterly basis. Super contributions must now be processed through a registered clearing house to ensure compulsory and voluntary contributions are allocated accordingly.

Entitlements
It is important that pay templates are setup immaculately so that all leave types accrue correctly from the moment you hire each employee. Allocating entitlements correctly from day one ensures that you will not find yourself in trouble down the track. Ideally, businesses may benefit from opening up a separate account so that money can be put aside for obligations.

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Retirement-in style

Retire in style checklist™

There are a few reasons why Business Owners need a Retire In Style Checklist

If you’re a successful and Motivated business owner, and want to set yourself up for retirement, this guide would be perfect for you. My clients who follow these 3 simple steps live with comfort, security and the peace of mind that financial success brings.

Retirement-prosperity-thumbnail

The Retirement Prosperity Guide™

Make sure you don’t miss out on the Retirement Prosperity Guide

If you’re a busy Professional and you feel like you’re not building your wealth fast enough and you want smarter ways to utilise your cash flow, this guide is perfect for you. Clients who have used our strategies have the peace-of-mind knowing they have a ‘game plan’ for financial abundance.

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Email:
Phone: 07 3328 8988
Fax: 07 3328 8999

Office Location:
Level 9, 360 Queen Street
Brisbane
QLD 4000

Postal Address:
GPO Box 2468,
Brisbane,
QLD, 4001

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