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Back to "COVID19: Important Business Update: The Three Step Guide to Thrive | Part Two"

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Consider Future Workplace

  1. Where work is conducted has changed – During the process of renegotiating commercial leases, landlords and tenants are finding that businesses are learning to leverage flexible working options to reduce costs. Do you need the space? How much is that space worth now? Did you know that Landlords are provided with taxation incentives when they reduce your rent during COVID-19? Have you formally renegotiated your commercial lease? Do you know who can initiate that discussion? Please see The Retail and Other Commercial Leases (COVID-19) Regulation 2020 (NSW) – What does it mean for Landlords and Tenants in Commercial Lease Disputes?
  2. How you work has changed- Businesses are automating workflows, and their staff are working remotely and/or flexibly. Businesses need to ensure these changes are reflected in policies and procedures (work, health and safety, insurance, quality, professional standards and audits). You may reduce risk and lower insurance premiums. How can you use the Workplace Surveillance Act 2005 (NSW) and other legislative instruments to monitor, supervise and helping staff realise their potential and reduce exposure to risk?

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