Other Benefits in Australia Internal

What other notable statutory benefits does Australia’s social security system offer?

Workers’ compensation is provided through a state scheme and is paid in a situation where an employee has a work-related accident or develops a work-related illness. These benefits vary based on the state the employee is based in.

The superannuation fund may also provide some income protection insurance.

Does Velocity Global provide travel insurance?

Velocity Global does not currently offer a travel insurance plan for Australia; however, an allowance may be provided instead.

Can Velocity Global help me offer additional maternity or parental leave to supported employees?

For parental leave in Australia, employees can use 18 weeks of government-paid leave, which is paid at the minimum wage rate if they meet the qualifying criteria. During that period, the employer does not have an obligation to pay the employee additional salary but can choose to top this up if they wish as part of their internal parental leave policy.