“The value of a business is a function of how well the financial capital and the intellectual capital are managed by the human capital. You'd better get the human capital part right.” ― Dave Bookbinder Business Valuation Expert

Best Practice Human Resource Management in the Blog

Single Touch Payroll – Not So Scary

Approx time to read: Less than 4 minutes Key Take Aways: Discusses the implementation of Single Touch Payroll (STP) through the eyes of a bookkeeper Valuable information for employers with less than 20 staff who are yet to implement STP due in July 2019 If you have 20...

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The Not So HO HO HO Side of Christmas

  Approx time to read:  1 minute Key Take Aways: Employers may be liable for injuries sustained by employees at work functions Bullying, sexual harassment and inappropriate use of social media are all possible risks. Contains tips for employers to keep things safe...

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Why your why is so important

Approx time to read:   5 minutes Key Take Aways: Small business owners need to see themselves as leaders even if they don't have any staff. Knowing WHY you're in business provides clarity of where you want to lead people, whether it's your staff or your...

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How Lovable is Your Business? – The Panel Q&A

  An overview of the Q & A from a Synergy48 Group Knowledge Sharing Dinner panel discussion on 13 November 2018 between a branding specialist, a marketing specialist, a customer relationships and sales specialist and a leadership specialist. The topic for the...

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Long Service Leave Changes in Victoria

Approx time to read:  Under 3 minutes Key Take Aways: Long service leave entitlement due after 7 years (previously 10) Unpaid parental leave of up to 52 weeks is now included in the calculation of an employee’s continuous service  Long service leave...

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Simpler Awards in Sight

Approx time to read:  Less than 2 min Key Take Aways: Some underpayment bungles may result from failure to understand complex awards. Research by Sweeney Research found small business operators described awards as “convoluted, complex, ambiguous and of...

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How to remove toxicity from your team

Approx time to read:  8 min video 6 steps to remove toxicity from your business 1. Be clear on why you're in business and talk about it 2. Be clear on what's important to your business - your values 3. Be clear on your business vision 4. Make sure your...

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Best Practice Human Resource Management

No organisation can function effectively without the right people, in the right jobs, with the right skills, competencies and motivation and with the right systems and culture to support them. What are the benchmarks of best practice human...

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Benchmarking Best Practice Recruitment

This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes.  You can find the links to the full series here.   What are best practice recruitment...

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