(059) Wage theft traps that most SMEs are likely committing right now.

In this episode, we dig into the latest developments in wage theft and compliance for small to medium-sized businesses. With the Fair Work Ombudsman set to enforce new, stricter wage theft laws from January 2025, Tim shares insights on how employers need to prepare, highlighting potential risks and liabilities for business owners, HR teams, and even individual managers.

We break down a recent podcast from the Fair Work Ombudsman’s team and challenge the notion that small businesses are adequately equipped to manage complex compliance requirements alone. Tim stresses the importance of proactive communication, compliance audits, and understanding technical breaches, urging businesses to address these issues now to avoid severe penalties in the new year.

A must-listen for employers navigating Australia's intricate compliance landscape, this episode offers both caution and practical advice for securing your business against the risk of wage theft allegations and more.

 

Anna Booth (FWO Podcast Episode) - Don't Be Afraid Of New Wage Theft Laws | Business Essentials Daily Podcast