When you secure permanent employment in Australia, there are a host of mandatory entitlements that you are owed as a minimum. These include:
Basically, as you work, you accrue a certain amount of leave in each of these categories that enables you to take time off and still be paid according to your regular hourly wage or salary. In addition, the nest egg of funds that is known as your super will be allocated a certain percentage of your income that can be accessed upon retirement.
When you are offered permanency in a job, you are assured that your job cannot be revoked from you without notice or without reason.
In a casual or temporary role, tomorrow is not necessarily guaranteed – and if you are let go of in these settings, you do not have a whole stack of options. As a permanent employee, you are entitled to a pay out at a minimum, and if you believe you were wrongfully dismissed you can be entitled to further compensation if your claims are proven to be just.
On a par with job security, being in a permanent position with a set amount of hours means that you receive a consistent income. Knowing when your pay is coming and what approximate figure it will be enables you to effectively budget and plan for upcoming expenses, whether they fall into the category of a necessity or a ‘nice to have’. Budgeting in the long term means you can put aside savings that provide further assurance/buffer should an unexpected cost or event occur.
As a permanent part time/full time worker, companies will often throw in a host of additional benefits that are specific to the nature of their business. For example, a trade-centric company that requires you to travel to various work sites frequently and undertake laborious work might offer you the following in addition to the very base level entitlements that you have as an employee:
Additional benefits are easily something that can be negotiated between employee and employer at a given time – and if the company values you and your work, it is likely that accommodations can be made.
Often, people put their roots down at companies or in roles that they feel have the potential to provide them with opportunities to grow or progress their career. Likewise, employer companies will often employ people on a permanent basis that they see this same potential reflected in. In this sense, an invested business and an invested employee have all the fundamentals for a rewarding, mutually beneficial and blossoming career.
