Bowling logo
P. 02 4983 1611 | F. 02 4983 1730 | E.
cloud accounting means we can assist your business no matter where in Australia you call home.

Client login

Xero login

read our blog

get in touch

Welcome

DJ Cooper Accounting offer expert advice and personalised accounting services to meet the needs of our individual and business clientele.

Our offices in Port Stephens, Raymond Terrace, Nelson Bay, Newcastle and Hunter area are at the heart of each region, so we can stay up to date with all the issues our clients face.

We offer a wide range of accounting and taxation services, including bookkeeping, company secretarial and formation, business support and auditing services. DJ Cooper Accounting also works extensively with clients in relation to the establishment and management of self-managed super funds (SMSFs).

We pride ourselves on providing services of an exceptional standard, as our consistent yearly  growth is entirely due to word of mouth referrals from existing clients and business colleagues. This, combined with on-going extensive technical training and development for our professional staff, positions us as an accounting practice of choice.

FREE CONSULTATION

Sometimes the only way to understand a person’s business or financial situation is by meeting face-to-face. All new clients or people looking to speak with an accounting professional are offered an initial consultation with the first hour at no charge. If you have some concerns and wish to take advantage of a confidential personal discussion simply call 02 4983 1611 to arrange a meeting.

Firm journal

Understanding redundancy

Posted on August 7, 2018 by admin

It is important to understand what your legal obligations entail before you make an employee redundant.

You must make sure it is a ‘genuine redundancy’. Otherwise, you risk the employee lodging an unfair dismissal claim against you with the Fair Work Commission. Your employee is entitled to make their claim within 21 days from the day after you dismissed them.

A genuine redundancy occurs when:
– the employee’s job is no longer needed;
– and you followed any consultation requirements in the award, enterprise agreement or other registered agreement.

Unfair dismissal occurs when you:
– dismiss an employee in relation to discrimination, or for a reason that would be considered unjust, harsh or unreasonable;
– require someone to do the job (i.e., hire a replacement);
– could have reasonably transferred the employee to another role in your business or associated entity, or did not consult your employees about the redundancy under an award or registered agreement.

Redundancy pay and entitlements
Your employee is entitled to receive a redundancy pay or severance pay when they are made redundant. However, a redundancy pay is not required by some businesses or to casual employees.

A redundancy pay amount is usually based upon your employee’s continuous service. This is the length of time you employed them, minus any unpaid leave.

You may be able to have the redundancy pay reduced if you can not afford to pay the total amount or you find new suitable employment for the employee.

Notice
You will be required to provide your employee with written notice. Notice periods will differ depending upon how long your employee has worked for you. You can let your employee work through the notice period or pay in lieu of notice (pay it out to them).