|
 What is the main advantage of using this program?
 Retaining your best staff.
How much does it cost to use the Works4Us program?
The costs may fluctuate from time to time,however the principle is the same for everyone. The employer pays a modest annual licensing fee (currently $590) to use the program and a smaller annual fee for each employee that they wish to set up on an agreement. This is less than $5 per week per employee. For an exact price, please go to the sign up page and begin your application. You may have a promotional code which gives you a discount.
How long does it take to set up the program?
Once you've signed up and are in your employer account, it can literally take less than 5 minutes to complete your agreement with your employee. You just need to select the options of the agreement, for example how you want their rewards to be calculated and whether it comes from total sales, their individual sales, total profit or their individual profit. Just three simple entries and we do the rest.
How do you check the account balance?
Once the agreement is set up, you and your employee can log into your respective accounts to view the agreement. You only need an internet connection, a computer and in some cases a web enabled mobile phone. On an ongoing basis, once a month or once a quarter the employer will need to log in to view and edit the statement for that period of time. The statement will automatically calculate how much the licensee will owe in bonuses, when it needs to be paid and how much is withheld.
So when does the employee get the payment?
The default set up is for quarterly payments of the bonus (usually at the end of the next financial quarter) A percentage can be put aside and be paid at the end of the calender year. For example you might pay half and half or 60% when the bonus is due and the remaining 40% may be put aside for the end of the year. A bigger christmas bonus for the employee. If the employee leaves the business they are not necessarily entitled to the reward .
Can the bonus be used as time off?
Why Not? It could also work to your advantage to have your employee use some of their bonus as time off in quieter times. If so it is advisable that you note this in the original agreement.
Can you use the bonus for any other purpose?
YES. The Works4Us system has a standard agreement schedule which we have drafted with a Business Lawyer. If the employee agrees you can use the bonus credit to purchase tools of trade, Lap top computers or any item that would benefit the employee's performance before the bonus is due to be paid
Can this be added to a workplace agreement?
YES. The Works4Us system has a standard agreement schedule which we have drafted with a Business Lawyer.You can attach an existing agreement with the schedule and print it off for both parties to sign and you're on your way.The schedule agreement that you sign with your employee is a legal document and was last reviewed by an Australian Law firm in March 2010.
Who can use Works4Us?
The Works4Us system was specifically built so that any employer from any industry can use the program. It doesn't matter whether you're a lawyer or a hairdresser, a tradie or a dentist... our program can be used to retain employees and reward them based on their performance.
Is this program limited to employees?
Not at all. It is possible that small businesses could affilliate with another business. For example a Plumber who promotes a friend's Electrical business may offer a small share to the electrical business in his plumbing business via works4us as the electrician may be an advocate for the plumber's business and visa versa.
Why is Works4Us better than a traditional partnership.
There are lots of reasons, but here are just a few :
- Works4Us is less expensive
- Works4Us is quick and easy to set up
- Works4Us provides you with a legally binding agreement without the red tape
- Works4Us saves you time and money
- Works4Us adds incentives and value for employees to stay with you and work hard
- Employees and Employers can see the agreement and rewards statements at any time.
To read more about the headache that a traditional partnership can cause click here.
Why is Works4Us better than a verbal contract or understanding with employees.
There are lots of reasons, but here are just a few :
- Works4Us provides you with a legal agreement that outlines the employees base salary, rewards and conditions. This assures the employee that their stake in the company is taken seriously and both parties can see the conditions of this contract.
- Works4Us breaks up incentives into payments throughout the year, therefore adding incentive for Employees to stay with their existing Employer in order to gain their future rewards.
- Works4Us is quick and easy to set up
- Works4Us does all of the reward and bonus calculations for you, you simply enter a few details here and there.
- Employees and Employers can see the agreement and rewards statements at any time.
If you have any other questions, please contact us and we will do our best to answer your queries as soon as possible
|
