Thursday Feb 06, 2025

(065) Risk Free Employee Terminations & Cutting Cost

Is there such a thing as a risk-free termination? Not exactly—but there are smarter, safer ways to approach it. In this episode of The HR Cartel Podcast, Tim Dive breaks down the termination types that carry the least risk for employers, from probation periods and the Small Business Fair Dismissal Code to redundancies and high-income earners.

But that’s not all. With small and medium-sized businesses under immense pressure—rising costs, regulatory overload, and insolvencies hitting record highs—Tim also unpacks how businesses can cut workforce costs strategically to avoid administration while staying compliant with Australia’s heavily regulated employment laws.

Key takeaways:
✅ How probation periods really work (and why they’re misunderstood)
✅ The Small Business Fair Dismissal Code—what it actually protects you from
✅ Redundancies before and after the one-year mark—who gets paid, who doesn’t
✅ The high-income threshold ($175K+)—and why it gives employers a huge advantage
✅ The step-by-step process for cost-cutting through strategic terminations

If your business is facing financial strain or you need clarity on making tough decisions without legal blowback, this episode is a must-listen.

🔗 Want ongoing expert guidance? Apply to join The HR Cartel and get access to IR updates, compliance resources, and expert advice. Visit www.hrcartel.com.

🎧 Listen now and future-proof your business!

 

Small Business Fair Dismissal Code - https://www.fwc.gov.au/what-small-business-fair-dismissal-code 

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