What are the benefits of working in Australia?

When individuals relocate to Australia for work, they should know what awaits them in the new country. They need to consider factors such as lifestyle quality, facilities for healthcare and education, and work-life balance, among others. Let's see what Australia offers immigrants.

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Qualifications: Employers in Australia appreciate the educational qualifications and work experience of people arriving from overseas as they bring new perspectives to the workplace. Since businesses in the Land Down Under accept technical credentials, those with them must apply for its SkillSelect system to be welcomed there.

Access to pension benefits: Throughout Australia, the employees who work and reside there can access pension benefits. Employees in Australia also can take advantage of a retirement savings account, known as the Superannuation fund. To be entitled to obtaining these incentives, you need to fulfill the eligibility criteria.

If their employers comply with the 'Choice of Fund' law, workers can select their preferred pension plan or auto-register eligible employees, into a conforming Group Superannuation scheme.

Most of the country's companies contribute according to industry standards and data.

Holidays and paid time off

Holiday Pay – As per it, all full-time and part-time employees are eligible for 20 paid vacation days per year. However, casual workers, paid by the hour or working on flexible job contracts, are excused from this regulation. It is in addition to the national holidays of this Oceania country.

Long Service Leave - Australia offers 8.67 weeks of paid leave, besides the yearly vacation, which is payable after ten years of service in the country. This privilege begins to be considered five years after an employee has entered into service.

Maternity/Paternity Pay – Though there are no specific stipulations for employers to grant paid maternity leave, many businesses do so. In addition, a government-sponsored paternity leave program (for those who qualify) can be availed by the employer.

Sick Pay – Here, too, though official sick pay benefits do not exist, employers voluntarily issue them five to ten days a year. It may or may not include standard bereavement leave (usually up to five days).

Supplementary benefits

Group Insurance – Large multinational organizations provide their employees with personal insurance plans, besides lumpsum Death and Disability insurance and Salary Continuance coverage.

Health insurance – With the government increasing taxes and lowering rebates for highly paid individuals, large companies provide fully paid or subsidized plans.

Childcare facilities – Many large, professional companies provide childcare (and/or) daycare services. Flexible working conditions – It is provided to families by offering more leaves, working hours suitable to employees, and options to work from home.

Better quality of life:  The quality of living in Australia is high. It offers health care programs that are accessible and provide well-organized social assistance. Moreover, the population density in Australia is much lower than compared in other developed nations. It is true even for its larger cities such as Sydney and Melbourne.

 Australia is a multicultural society that welcomes people from all over the world. According to studies, 43 percent of its citizens were born abroad or have parents of foreign descent. Its temperate climate also makes the country the desired location to settle down in.

Study opportunities: If you want to improve your educational qualifications, the country offers more than 20,00 courses of study and has over 1,200 educational institutions.

Social security benefits

Many of the benefits in this country are provided under Australia's Social Security Act by Centrelink (Department of Human Services branch). They are as follows.

The age pension is provided to individuals aged 65 and above who expect to retire or retire.

Payment and career compensation are provided to individuals who care for disabled people.

A disability support pension is provided to individuals who may have lost the ability to work for the past two years due to an accident or disability, or illness.

Sickness allowance is granted to employees who have been victims of accidents, sicknesses, or disabilities and cannot access or use any of their leaves.

A new start allowance is provided to job-seekers. The special benefit is provided to individuals facing severe financial problems and are, thus, not able to take care of themselves.

Income support is provided in cash contributions to cover living expenses, including a veteran contribution or pension program, or rent assistance.

The pharmaceutical allowance helps individuals access Centrelink benefits to compensate for their expenses for prescription medicines.

Minimum wage

A full-time worker in Australia earns an average weekly wage of 1,605 AUD. The national minimum wage is just below 19 AUD per hour, or 720 AUD per week. The average annual gross income in Australia is approximately 91,550 AUD, with benefits.

Work hours: An employee must put in up to 38.5 hours per week. At times, the work-week duration could be even lesser for certain companies.

If you are currently a UAE resident and plan to migrate to Australia, contact Y-Axis, the World's No. 1 Immigration Consultant. 

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