All across Australia, workers have been plunged into lockdown due to Covid-19. States have closed their borders to new arrivals to reduce the spread, forcing us to adapt the way we work. With so many people in isolation at home, and no new workers coming into the country, this means the need to look after staff, as well as temporary and contractor workers, has become increasingly paramount for companies and recruiters alike.
We often talk about looking out for the well-being of our people, whether it be through EAP services, regular check ins or perhaps even some kind of care package. In moments like this, showing the people you work with that you really do care has a much more significant impact than it would in otherwise normal circumstances.
Looking after the financial wellness of your workforce is incredibly important to ensure their overall wellbeing. Contingent workers are particularly exposed in times of economic volatility as the benefits of the flexibility from contracting can be challenged due to the ongoing uncertainty in the market.
In times like this, it’s helpful to support your contingent workforce by providing them access to expert services which give them peace of mind and confidence they can continue to contract whilst going through a difficult period.
Hnry provides a free service for recruiters to help them give their contingent workforce peace of mind that their financial affairs are in order.
How Hnry helps recruiters
No more unexpected tax bills
If you are a recruitment company, Hnry firstly helps by making sure that your contingent workforce is up-to-date with all their tax and financial obligations. Whenever they get paid, we calculate and deduct the correct amount of tax, Medicare, GST (if applicable), student loan, Super and payment allocations they have set up with us - before passing the rest of their money onto them. No more unexpected tax bills at the end of the year and they know what money they get is theirs to spend.
The Hnry app is a one-stop shop for your contingent workforce
Hnry gives your contingent workforce peace of mind when it comes to dealing with all the financial admin that’s involved with being an independent earner. Our app is a one-stop-shop for all their taxes and financial admin, making it easy for them to get paid, raise expenses, invoice and even set up payment allocations for bills, savings, Super and investments. We also handle their tax returns and deal with any issues relating to the ATO. From a well-being perspective this helps alleviate the stress and anxiety when it comes to anything tax-related.
Unlimited support from our expert team of accountants
Hnry also offers the benefit of acting as an extension to your business - handling all those tricky tax questions, that you yourself as a recruiter can’t give advice for. We can answer any questions that your contractors may have about tax, meaning they can get back to the job they love doing without any disruption. This will help them be more productive and give them more opportunities to work. Whether that be other contract roles or even bouncing between permanent and contract work. With the talent market so short at the moment, we believe that Hnry can make that leap into a contract role a lot easier.
If financial well being is a priority for your clients and candidates, and you’d like a simple way to authentically support them through this difficult time, please do reach out and we would be happy to discuss with you how we support and work with recruitment firms.