31st March 2009, 07:14 PM
Benfits such as pension, holidays, sick pay, IFA subs, etc are all part of an employment package when above the legal requirements and are part of a salary. Dare I say it so is free accommodation in many circumstances.
I have made the point earlier is that these fringe benefits do not put up the basic wage. I have also said I think for many people an increase in the basic pay is better than benefits. Yes some of the benefits have come because of recent change in the law but surely this means some diggers are better off because of it.
I thought that temp staff had to be treated in the same way as permanent staff under the recent law changes. So how do companies get away from with a qualifing period for sick pay?
The amounts I calculated are the equivalents you have to pay somebody if you do not give those fringe benefits based upon the criteria published by the IFA.
Peter
I have made the point earlier is that these fringe benefits do not put up the basic wage. I have also said I think for many people an increase in the basic pay is better than benefits. Yes some of the benefits have come because of recent change in the law but surely this means some diggers are better off because of it.
I thought that temp staff had to be treated in the same way as permanent staff under the recent law changes. So how do companies get away from with a qualifing period for sick pay?
The amounts I calculated are the equivalents you have to pay somebody if you do not give those fringe benefits based upon the criteria published by the IFA.
Peter