Using IFA's To Protect Your Business
Hello and welcome to Episode 109 of the People Powered Business Podcast!
Today we’re getting a little technical and looking at one of the most underused, undervalued and overlooked HR documents that really are critical to protecting your business – the Individual Flexibility Agreement, or IFA.
If you have staff on your team who are covered by a Modern Award, and you don’t to everything 100% as per the Award, you probably need an IFA in place.
Whether you’re paying loaded rates to absorb allowances, you need flexibility as to when staff work, or you loathe paying staff more when they are on annual leave, an IFA is likely what you need.
An Invitation
Would you like to connect with other like-minded business owners, leaders and managers experiencing similar situations with their team? Join the discussion inside our free Facebook Group – HR Support for Australian Businesses.