Unsure How KiwiSaver Will Impact Your Business? What every employer should know about KiwiSaver
Every time the government introduces a benefit for employees it creates a headache for small or medium sized businesses. For example, employment agreements have had to be changed no less than 3 times in the last 7 years. Now, in addition to running your business, you have to play your part in administering New Zealand's new superannuation scheme - KiwiSaver. Plus from April next year you must start conributing to the scheme of every one of your employees who opts in (or more correctly, for new employees, who don't opt out)
Do you understand how it will impact your business? And, have you worked out how you can use it to your advantage?
Don't let KiwiSaver work to your disadvantage
On 1 July 2007 your employees will be asking you about KiwiSaver and will want to know what you will be doing to implement the scheme into their workplace. How you reply and what you do could have an effect on your employees' loyalty and the longer term profits of your business.You can't even begin to answer these questions until you know how KiwiSaver works.
What every employer should know about KiwiSaver
So you can find out how KiwiSaver works I have produced a free report called: What every employer should know about KiwiSaver. The report is co-authored with Nicola Jones of Nicola Jones Financial Services. Nicola is an expert in KiwiSaver and is on hand to help you implement KiwiSaver into your business. What's more she is completely independent of any provider.Why you need independent advice
The aim of the government in implementing KiwiSaver is to benefit employees. Most of their material is therefore written from an employees' perspective. Providers, on the other hand, are just interested in selling you their products. But, one size does not fit all. That's why you need independent advice delivered from an employers' perspective. That's exactly what you get from Nicola.How it works
The report is a fact sheet which answers the following questions:- What is KiwiSaver?
- How does KiwiSaver work?
- What is the role of employers in KiwiSaver?
- What is the tax treatment of contributions?
- How do employee choose which KiwiSaver scheme to join?
- What are the benefits of KiwiSaver for employees?
The facts keep changing
Unfortunately, some of the detail of the KiwiSaver scheme has not yet been worked out by the government. It's likely that more detail will be added over the coming months (or possibly years). By downloading the report we'll make sure that you get updates on any changes as and when they are introduced by the government.How to download the fact sheet
To download the fact sheet simply complete the form below. When you press 'submit' you will be taken to the download page. As usual all information received is covered by my privacy policy and my personal assurance you won't get spammed!If you have any problems completing the form simply email me.
Regards,
Michael Smyth LLb. (Hons.), Dip, Cert
The Approachable Lawyer
