- Country Information
- Australia
In this article...
Australia
- What types of employment contract are there in Australia?
- What mandatory clauses must be included in an Australian employment contract?
- What makes a contract invalid in Australia?
- What are the minimum employee entitlements in Australia?
- What are the mandatory benefits in Australia?
- Is private health insurance available in Australia?
- Can employees receive stock options in Australia?
- Are there any other benefits available to employees in Australia?
- What is the minimum wage in Australia?
- What is the standard work week in Australia?
- What are the statutory public holidays in Australia?
- What are the overtime rules in Australia?
- What are the standard leave policies in Australia?
- Are alternative work arrangements possible in Australia?
- What is the required documentation for onboarding in Australia?
- How do you register an employee in Australia?
- What are the contract signing requirements in Australia?
- Can companies implement their own onboarding in Australia?
- What rules concern the base salary in Australia?
- How are bonuses and commissions handled in Australia?
- How are allowances handled in Australia?
- How is individual income tax handled in Australia?
- What are some other payroll considerations in Australia?
- How are expenses handled in Australia?
- Who makes the decision to terminate an employment contract in Australia?
- What is the procedure to terminate an employment contract in Australia?
- How are final pay and accrued leave handled in Australia?
- How is severance pay handled in Australia?
Can employees receive stock options in Australia?
Employers in Australia are not required to offer stock options to their employees; however, they may do so if they like. This option can be leveraged to retain star employees until their stock fully vests and encourage high performance in start-ups.
In Australia, corporate stocks “granted” to employees without payment are exempt from capital gains tax, making them a particularly attractive benefit for employees. You can consult your PEO provider in Australia to help you roll out employee stock options and manage the administrative logistics of operating a stock option plan.
If you have questions about benefit provisions in employment contracts in Australia, please get in touch with our team today!
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