Jet Pilot, No, you only get the bonus AFTER one year service.
IN A NUTSHELL:- Approximate Remuneration including end of contract bonus:- Actual weekly earnings will be less.
This practice of pseudo contractors really annoys me. Everyone is getting screwed except the EMPLOYER. There is however room for it to get really ugly and expensive for the EMPLOYER in event of the unthinkable. The only ones that will benefit will be the lawyers.
13. The Contract Pilot acknowledges and agrees that as an independent Contractor, he shall be liable for all income tax payable upon his contract earnings pursuant to this Contract, and shall be responsible for all Workers Compensation insurance premiums (if any) applicable to an independent Contractor, for all Medi Bank contributions and for contributions to any Superannuation fund which the Contract Pilot has elected to join.
Better hurry up and get compliant, just in case ...
It will seem cheap when compared to the possibilities.
Rights and responsibilities
Unless you are a licensed self-insurer,
The Workers' Compensation and Rehabilitation Act 2003 requires Queensland employers to insure their workers with WorkCover Queensland. As an employer you have rights and responsibilities relating to your obligation to insure your workers with an accident insurance policy.
Penalties for not having a policy
If you are uninsured (because you have not taken out insurance or have not paid your premium by the due date) or if you are under-insured (because you have not accurately declared your wages):
- you may be liable to pay a penalty (s57 of the Act); and
- we are entitled to recover from you the unpaid premium together with a further penalty based upon the value of the unpaid premium (s57 of the Act).
Workers are still eligible for workers’ compensation if their employer is uninsured and WorkCover must pay compensation to the worker if they are entitled to compensation.
If we are required to pay a claim when you are uninsured, in addition to the amounts mentioned above, we are entitled to recover from you the amount we have paid out on the claim plus a further penalty based upon the amount paid on the claim (s57 of the Act).
Accident insurance policy
If you have a business in Queensland and employ workers, you are required to insure them against workplace accidents with WorkCover Queensland (s48,
Workers’ Compensation and Rehabilitation Act 2003).
You cannot pay any of your own claim costs in Queensland.
There is no threshold that you must reach before insuring in Queensland. If anyone you employ meets the definition of a worker, then you must insure them within five days of commencing employment. You can take out your policy prior to employing workers provided you have all the necessary information.
Employers who are found to be uninsured may be subject to penalties for unpaid premium and any compensation costs.
WorkCover's accident insurance policy insures you against all statutory and damages claim costs in the event of a work-related injury to your workers. There are no limits or caps to the number of claims that can be made against your policy.
Workplace personal injury insurance
Workplace personal injury insurance is an optional insurance and covers anyone deemed an eligible person under Section 23 of the Act. An eligible person, is an individual who, other than as a worker, receives remuneration or other benefit for performing work, or providing services as a contractor, a self employed individual, a director of a company, a partner of a partnership, a trustee or a trust. These persons can insure themselves by taking out this type of policy regardless of age or health.
.