The Latest from Kristy-Lee

 Hello and welcome to Episode 88 of the People Powered Business Podcast!

In an industry that hasn’t exactly been characterised by constant change, from 1 November 2021 we have seen yet another change to superannuation rules here in Australia.

The 1^st November sees the commencement of an additional step in setting up new employees and their compulsory superannuation guarantee – it’s called Super Stapling.

Whilst it’s a funny term, put simply, a stapled super fund is simply an existing superannuation account that an employee has which is linked, or 'stapled', to that individual employee. Effectively this superannuation fund follows the employee as they change jobs – it’s stapled to them.

From 1 November 2021, if you have a new employee start with you, and they don't choose or nominate a superannuation fund, you have an extra step to take to comply with choice of superannuation fund rules. Rather than just setting that employee up in your default super fund that your business uses, you will need to check, via the ATO, whether that employee has a stapled sup...

• Is people management the #1 pain point for you in your business?
• Are you finding yourself spending your days managing people, and not working on the strategy and business improvements you want to?
• Are you ready to get back in the drivers seat and gain the confidence and knowledge to build your dream team, a team that drives performance, whilst freeing up your time?

Like most leaders and managers of teams, you have probably found yourself in a place where you had had success in building your team, you have found great people, you have kept great people. Yet at a certain point things weren’t all working as well as you liked with your employees. Perhaps you realised your latest hire wasn’t ideal, or you were getting attitude from one of the team, or they just didn’t seem to be doing what you expected, or you needed to exit someone but the thought of having to do that was less than comfortable.

The first thing you need to know is that it is totally normal, and there are always going to be points as you grow your business where things get a little wobbly in certain parts, despite the fact that you have other elements of your team running along seamlessly.

For the last 7 years I have been on a mission to better understand the unique needs of SME’s when it comes to their human resources, their people management and staffing structures. Over this time ...