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2010/04 - Businesses unprepared for new Fair Work legal obligations
Businesses unprepared for new Fair Work legal
obligations
April 15, 2010
Dynamic Business
One in four Australian SME business leaders say they are not
well-informed or adequately prepared for the Federal Government's
new Fair Work industrial relations laws.
Of the 246 business leaders surveyed as part of a snap member
poll conducted by leading CEO membership organisation The Executive
Connection (TEC), a quarter (25.2 percent) said they were
ill-prepared for the new laws, which came into effect on January 1,
2010.
The new system, which includes the introduction of a streamlined
set of awards called the National Employment Standards (NES), was
introduced to replace the previous government's WorkChoices
scheme.
But TEC CEO Chris Gorman said a general lack of awareness within
the business community could end up costing Australia's economy and
recommended business leaders refocus some of their time and
resources to understanding the implications on their business.