Mature age workers do not necessarily want the same job or salary they had five or 10 years ago – some may wish to learn new skills or move into a different area and some may even be looking for less responsibility and reduced pay as part of a phased retirement process.
Superannuation
Superannuation is often a key factor in the retirement and re-employment decisions of mature age workers. Recent changes in super laws allowing staff to receive their super as they work have made it easier to employ workers past traditional retirement age. Business owners need to understand all the implications of these changes on a flexible workforce.
Read more: Superannuation
Payroll
The payroll section covers some basic payroll issues you may need to know when employing mature aged workers. Please note that the information included is a guide only and any taxation and payroll-related questions should be directed to the relevant state, territory or federal taxation body.
Read more: Payroll
Frequently asked questions
Further resources