The end of financial year (EOFY) is a busy time for Australian business leaders, and while the focus is often on bookkeeping, tax and finances in the lead up to 30 June, HR leaders also have several ‘must-do’ tasks to complete. Our interactive checklist can help.
The EOFY is the ideal time to review policies, procedures and employee record-keeping to ensure everything is up-to-date and accurate. In addition, there are likely to have been compliance, regulatory and employment law changes over the past 12 months, or which will roll out in the new financial year. These also need to be accounted for.
Now is the time to take stock about the year that has passed, review what’s been done well, and identify areas for improvement in the year ahead.
Our handy checklist touches on all areas within HR’s mandate, including:
- Payroll and superannuation obligations
- Employee contracts, entitlements and awards
- Employee files and records
- Recruitment and staffing
- Performance management and professional development
- General HR hygiene (workplace health & safety, employee discipline and termination, leave policy, expenses policy reviews)
With links to relevant government websites and handy tips, our EOFY checklist will ensure your business is in the best possible position to excel in FY25.
