Ensure you get paid on time, every time.
INDEX’s default Superannuation scheme is AMP SuperLeader. Click here to download the Member’s Superannuation Benefit Booklet, which has comprehensive information about the fund and how your Superannuation Guarantee contributions are managed.
Already got a Super Fund?
No problem. Click here to download the Choice of Superannuation Fund Standard Choice form. Just fill out the form with the details of your current fund and give it to your Consultant Care Manager.
3 Ways to engage
In choosing the right option for you, be sure to consider your personal and financial circumstances carefully before making any decision.
We also recommend that you fully discuss the options with your accountant and/or financial planner well before you accept an engagement. If you are a permanent resident of Australia you are able to freely choose from any of the three options, whereas the majority of non-residents choose the Management Company option. If you have any questions or would like more detailed information on the different contracting options, please contact your Consultant Care Representative.
PAYG is an ideal option if you prefer the simplicity of INDEX managing all the time-consuming and costly administration tasks associated with being a Pty Ltd consultant.
As a PAYG (Pay As You Go) consultant, we take care of everything on your behalf including:
- Processing your pay
- Emailed pay advices
- Remitting PAYG tax to the ATO
- Deduction and payment of other amounts to Government agencies (e.g. HECS)
- Administering Superannuation to the fund of your choice
- Monthly payment of Superannuation (legislation just requires quarterly)
- Salary sacrifice of additional Superannuation contributions
- Issuing your annual payment summary in the first week of July
- Covering the administration costs for Workers Compensation cover
- Administering all Workers Compensation claims
- Administering $10m of Professional Indemnity and $20m of Public Liability Insurance
Before You Start… All you need to do is visit your local INDEX office, sign the relevant documents and you’re ready to begin your engagement!
Pty Ltd consulting is an ideal option if you prefer the flexibility and control of running your own company.
As a Pty Ltd consultant you engage through your own proprietary limited company and need to:
- Work with your accountant to set up the company
- Register for GST
- Procure and administer Workers Compensation insurance
- Acquire Professional Indemnity and Public Liability insurances
- Administer your own Superannuation
- Complete BAS statements as required
- Prepare statutory accounts and pay for associated costs
- Contract under the increasing legislative challenges associated with the Alienation of Personal Services Income test (also known as the 80/20 rule)
- What Costs Are Involved? Consulting as a Pty Ltd contractor involves a significant cost and time investment. Before choosing this option you should first carefully consult with your accountant.
Before You Start… After setting up your company, simply visit your local INDEX office bringing proof of ABN, Workers Compensation, Professional Indemnity and Public Liability Insurances and you’re ready to begin your engagement.
Management companies are ideal for high earning consultants who can afford the fee structures and want many of the same financial benefits of Pty Ltd consultant, without all the associated risks and time spent administering a company.
Contractor Management companies specialise in providing support services to independent consultants. Management companies will:
- Provide you with a company tax structure to work under
- Act as your own tax expert
- Take care of all administration and back office support on your behalf
- Maximise your tax position
- Cover you for Workers Compensation, Public Liability and Professional Indemnity insurances
- What Costs Are Involved? Contractor Management companies charge tax-deductible fees of around 5% per annum.
Before You Start… Make sure that you have selected a Contractor Management company and registered with them. We will need this information to ensure you are paid as quickly as possible before you start working with us.
Workplace Health & Safety
INDEX is committed to providing ongoing awareness of best practice behaviour to promote health and safety in the workplace to all of our consultants.
INDEX has a duty of care and statutory responsibilities regarding safety in the workplace. Our goals are to prevent and reduce work-related injury or illness; promote healthy lifestyles and good health; provide the safest possible workplaces for consultants; and provide appropriate care for ill or injured consultants.
When you contract through INDEX, as required by law, you will need to complete a Health & Safety induction. INDEX uses a web-based tool called WorkPro. WorkPro modules use audio, words, and images to deliver an engaging experience, and each module is self-paced to appeal to individual learning styles. Using WorkPro means that you can complete your induction at a time and location that suits you. The INDEX Consultant Care team can validate your results remotely, and then you’re ready to start work.
WorkPro also ensures that you’re getting the most up to date information on health and safety legislation, and only requires you to re-sit your induction every two years. WorkPro is used by a number of recruitment agencies, so if you’ve already completed a WorkPro induction through another agency in the last two years, all you need to do is send us your account details – no need to do it again.
Reporting an incident or issue
It’s very important that you report all issues or incidents relating to Workplace Health & Safety to your supervisor and your INDEX Consultant Care Representative immediately. This includes injury, illness, perceived risk, near misses or concerns.
Top tips for safety in the office
- Be sure to properly adjust your workstation before commencing work. Ensure it doesn’t require you to use awkward postures, is well-lit and ventilated, and kept free of clutter.
- Your chair should be of an appropriate design, and adjusted so that your feet are flat on the floor, your knees are at 90 degrees to the chair when seated, ensuring your lower back is properly supported. If your feet are not comfortably flat on the floor, request a footstool.
- Your monitor should be directly in front of you. The top of your monitor should be at eye level, at arms’ length away, and removed from sources of glare.
- Documents should be placed so as to minimise head movement.
- If you are using a laptop for an extended period, reduce awkward postures by using a laptop stand, separate monitor and/or separate keyboard and mouse.
- Your mouse should be to the immediate left or right of the keyboard, and not so far away from you that you overstretch to reach it.
- Place frequently used items within easy reach: not above shoulder height or below knee height.
- Avoid supporting your telephone handset on your shoulder for extended periods when using a computer or writing.
- Secure all cables under your computer to minimise trip hazards.
- Avoid manually lifting or moving heavy objects, particularly if they are stored at height.
- Secure your filing cabinets and drawers to avoid tripping or being struck by objects.
- Take regular breaks away from the desk to stand, relax your eyes, and stretch or perform other tasks.