The hidden cost of unpaid invoices Struggling with Poor Cash Flow? We’ve compiled some tips here on how to manage it. Cash flow is the lifeblood of any business, yet many companies find themselves struggling to manage their business due to unpaid invoices. Late payments can create a serious financial strain, making it difficult to […]
Each year on International Women’s Day, we celebrate the achievements and resilience of women across various industries. However, Workplace Gender Equality Agency (WGEA) recently revealed that Australian women earn, on average, $28,425 less than men annually, equating to only 78 cents for every dollar, that is earned by men. This disparity underscores the need for […]
A new year is an opportunity to refocus and set resolutions that drive your business towards success. Just like personal goals, business resolutions can provide focus, clarity and a renewed sense of purpose. This year, amplify your focus on your operations, engaging your team, review and refresh workplace policies, plan for mid-year reviews, elevate your […]
Nurturing a workplace where employees feel empowered to openly communicate about psychosocial hazards is crucial for fostering a healthy and productive environment. By creating a culture that values transparency and trust, small businesses can effectively address issues such as stress, bullying and workload imbalances before they escalate. Tips for creating an open culture 1. Build […]
It is important to understand that psychosocial hazards and injuries can lead to physical harm. Stress, being the victim of bullying and work overload can manifest as physical ailments such as headaches, anxiety, high blood pressure and fatigue. This connection underscores the importance of holistic health and safety practices that address both psychological and physical […]
Small businesses face a critical challenge in managing psychosocial hazards to ensure workplace health and safety (WHS) obligations are met. These hazards, including bullying, harassment and sexual harassment, which not only affect employee wellbeing but also impact productivity and organisational reputation, call for businesses to integrate robust strategies to address these risks effectively. To embed […]
Small businesses must adhere to WHS regulations to avoid penalties, legal liabilities, and damage to reputation. Non-compliance can lead to fines, legal actions, and decreased trust among employees and customers. Therefore, understanding legal compliance and ethical responsibility in managing psychosocial hazards is crucial for every small business. Some of the main causes of psychological hazards […]
What are psychosocial hazards and how can businesses minimise them in the workplace? A psychosocial hazard is anything that could cause psychological harm (e.g. harm someone’s mental health). While there are similarities between mental and psychological health, psychological health delves deeper. It’s about comprehending the why behind your emotional and mental experiences. It is understanding […]