Understanding the True Cost of Hiring a New Employee in Australia
Hiring a new employee in Australia involves far more than just paying a salary. While base pay is the headline figure, the real cost includes recruitment and advertising, onboarding and training, superannuation, payroll processing, workers’ compensation, and increased workplace overheads. These “hidden” expenses add up fast — often making the total cost 30–50% higher than the base wage. For example, a $60,000 salary can easily total around $80,000 once all on‑costs are included. Understanding the true cost helps businesses budget accurately, manage cash flow, and grow sustainably. Smart strategies like automating payroll, outsourcing non‑core tasks, and focusing on employee retention can reduce costs over time. Read the full breakdown here: https://www.helloledger.com.au/post/the-true-cost-of-a-new-employee
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