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Welcome to the November edition of our newsletter, 'Articles and Ideas for Clever Business Owners and Operators'. 

This month we take you through Victoria's Long Service Leave Act 2018. Our senior associate, Joseph Carneli talks about owning your IP in the gig economy. A reminder that with the end of year fast approaching we can help you start 2019 on the right foot and we invite you to join us at the next Melbourne BCorp Business Group networking meeting.

 

Long service leave changes apply 1 November 2018
 
Victoria's Long Service Leave Act 2018 applies from 1 November 2018. This will mean new rights and responsibilities for employers and employees.

Changes include:

  • greater flexibility for women, families and people transitioning to retirement
  • access to long service leave after seven years, not ten
  • allowing employees to take long service leave in smaller increments (i.e. for any period of one day or more)
  • most absences from work do not break continuous employment
  • unpaid leave, including parental leave, counts towards long service leave
  • increased penalties for employers who do not keep records or do not produce them when requested. 
Small Business Victoria has put together a short video to understand the six key changes. Click here.
 

What’s Mine is Yours! Owning Your IP in the Gig Economy

A huge benefit to start-ups and established business alike has been the advent of the gig economy: lower cost, remote, ready and willing workers with unique skill sets that are ideal for one-off engagements.  This revolution has aided in the realisation of some great ideas where previously idea originators lacked the know-how, resources or time to make their big ideas happen.

However, a common oversight in engaging contractors for such side projects or new business ventures is a failure to ensure that the hirer retains ownership of the intellectual property (IP) that is developed (or contributed to) by independent contractors in the course of their engagement. 

A frequent misconception among small businesses in particular is that when engaging a contractor they are paying for the output (and thus the IP) rather than merely the service- the basic rationale being: “I paid for it so I own it”. Many businesses also mistakenly assume that a contractor relationship is akin to that of an employment relationship where, in many instances, it is presumed that certain IP created in the course of employment rests with the employer. This is unfortunately not the case, and circumstances often arise where contractors have taken the output created in one engagement and deployed it for another- or worse still, sought to commercialise it themselves.

What can you do to secure your IP? Read more here

 

November Already! How did that Happen?

It's November already and for many businesses it’s a race to the finish as the end of year fast approaches. For the team at Rankin Business Lawyers it’s an exciting time as we prepare for the exciting challenges that 2019 will bring. At this time we would like to remind our friends, clients and referral partners that now is the perfect time to also identify and prepare for the challenges that lie ahead. Thinking of starting a new business in 2019? Closing a company? Unsure if your employee contracts are in order? Or just want to make sure that you start 2019 on the right foot? We can help. Don't hesitate to contact us.


Melbourne BCorp Business Group - Networking with Heart

Matthew Boyd of Vollie, Steve Schmidt of BRM Projects and our very own Rob Rankin of Rankin Business Lawyers host a regular business networking meeting with other BCorps (current and aspiring).

This social impact business meet-up is held fortnightly and we'd love to have you or someone from your organisation join us. The session is chaired and all attendees will have a couple of minutes to explain what they do and how others in the room might be able to help them and their business.
 
The details for the next meeting are:
Wednesday 14th November, 2018, 7:00-8.30am
at HUB Southern Cross, 696 Bourke St, Melbourne VIC 3000

Coffee and breakfast are available for purchase at the venue.

For more information or to RSVP please contact Daniela
e: daniela@rankinandco.com  |  p: 0437 003 590


 

Thanks again for reading. If you have any queries or would like to discuss any legal issues please don’t hesitate to contact me on 0422 736 206 or rob@rankinandco.com.

 
Yours sincerely,
Rob Roy Rankin

p: +61 422 736 206   l    f: +61 3 9923 6970
e: rob@rankinandco.com   l   www.rankinandco.com

 
Copyright © 2018 Rankin Business Lawyers, All rights reserved.


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