What are the benefits of working in Australia?
Posted on March 30, 2022
This globalized world provides individuals with opportunities in countries other than their native ones. The ones who seek to work overseas do so to upskill themselves, improve their earnings prospects, relocate to nations where the quality of living is better than in their homeland, and get exposed to advanced technologies and different cultures.
Before they arrive at such a decision, they consider aspects that the country they intend to work in offers better work-life balance and abilities to earn more.
Among the popular destinations for migrant workers to be employed in is Australia. But if you wish to work in Australia, also known as the ‘Land Down Under,’ understand what that country looks for in overseas migrant workers.
Australia will allow foreign workers as long as they have educational qualifications and work experience, which they believe will add value to their workplaces. Organizations in this country in the Southern Hemisphere accept various qualifications. Its SkillSelect system selects candidates from other countries if they have the qualifications in sectors with skill shortages.
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Significant benefits of Australian employment
Workers in Australia need only work for 40 hours a week, they get a paid leave of 30 days per year, and they are also allowed to certain social security funds.
They are also entitled to the following.
Holiday Pay – As per this law, all full-time and part-time employees are eligible for 20 paid holidays a year. Casual workers – those who get paid hourly wages or the others on flexible job agreements – do not qualify for it. These leaves are in addition to the national holidays that the government gives.
Long Service Leave – Individuals who have completed ten years of service in Australia are entitled to a paid leave of 8.67 weeks, besides the annual holiday. Once employees finish five years, these leaves commence accruing for them. Many companies of this country list this as a “liability” on their balance sheets.
Maternity/Paternity leave – Although there are no particular provisions for employers to avail maternity leaves, many companies have begun doing it now. Moreover, there is a paternity leave program sponsored by the government (for employees who qualify), which the employer can pay.
Sick Pay – Although there are no authorized formal sick wage benefits, most employers provide five to ten days of sick leave a year voluntarily. This may or may not be included or excluded from the customary bereavement leave (usually up to five days).
Access to pension benefits: Workers who work and stay here are entitled to other pension benefits across Australia. Individuals working in Australia also gain from a retirement savings account, which is known as Superannuation fund. When you want to get these incentives, you have to fulfill age and residency requirements.
Group Insurance – Large multinational companies are beginning to provide an employee personal insurance plan, which, in addition, includes coverage for both Salary Continuance and lumpsum Death and Disability insurance.
Health insurance – Even though this has been prioritized earlier, the government has increased taxes and lowered rebates for high-wage earners more than five years earlier, large companies are now more inclined to provide complete payments or subsidized plans (mostly in IT and professional verticals where earnings are high and there is competition for talented individuals).
Childcare facilities – An increasing number of large, specialized firms are coming forward to provide childcare and daycare services facilities.
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Flexible working conditions
It includes more time off with families, flexible working hours, and options to work from home.
Australia definitely provides a lifestyle of better quality than most other countries. It ranks high in democracy, healthcare, economic freedom, educational facilities, low crime rate, and political rights. It provides a healthcare program accessible to its workers and social assistance in many forms. Moreover, the country is sparsely populated, with even the major cities having a low population density.
Australia is home to people from various parts of the globe, a country with a multicultural character. It houses the eighth-largest immigrant population globally, with almost a third of them being migrants. Since English is both the language of communication and the official language, it is easy for people to come and settle here. Besides, it also has one of the lowest pollution levels in the world and a moderate climate.
There are numerous opportunities for children of migrants to pursue study here. There are over 20,00 courses of study, and more than 1,200 educational institutions exist in the country.
Social security benefits
Centrelink (a branch of the Department of Human Services) provides most of the benefits under the Social Security Act of Australia.
They include Age pension, i.e., for all individuals aged 65 and older who retire or expect to retire; Payment and carer compensation to all individuals who tend to people with a disability;
- Disability support pension for all individuals who are not able to take up work for two years due to disability, sickness, or accident;
- Sickness allowance for all employees who have been affected by accidents, disabilities, or illnesses (under two years of age) who have no means to access any leave or cannot use any of them;
- New start allowance, which strictly for job-seekers; Special benefit is for people suffering from dire financial problems and, therefore, are not able to subsist;
- Income support comprises cash contribution to provide for the living costs (could include pension program, rent assistance, or veteran contribution;
- Pharmaceutical allowance to aid individual recipients of Centrelink benefits to cover the prescription medicines expenses.
For a full-time worker in Australia, the national minimum wage is 20.33 AUD per hour. The number of hours an individual can work per week is at least 38.5 hours. Moreover, the average salaries vary from one profession to another.
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