Australia

Details

  • Service: Private Enterprise, Private Companies, Immigration Services
  • Type: Business and industry issue, Regulatory update
  • Date: 8/11/2011

Migration Newsflash: 457 visa holders and the economic downturn 

Given recent economic uncertainty, many businesses are considering ways to reduce costs, which often means looking at the cost of employees to the business. Managing both the company’s interests, the standard business sponsorship obligations of 457 visa holders can be a difficult course to steer. 

With this in mind, KPMG has provided guidance for your consideration.

 

Key considerations

  • Standard business sponsorship obligations.
  • Expectations of the 457 visa holder.
  • Transition to part-time work and the implications.
  • The provision of un-paid leave.