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Tips & Tricks For Making Sure Your Business Remains Fair To The Employees

Promoting a fair and equal workplace is not only a common concern for leaders of corporate giants but a challenge for small business owners as well. Your team is essential to the long-term success of your business, so it is vital that each staff member has an equal opportunity for recognition and reward, no matter where they fall on the leadership ladder.

Creating a workplace culture that rejects favouritism or unfair recognition programs will ensure every employee feels like they are a valued member of your business.

Feeling undervalued could lead to the risk of losing employees in your business, as they may look toward other opportunities.

Here are three ways to design a fairer workplace for your staff.

Equal Opportunities

Re-evaluate your recognition system and bonus program (if you have one) to ensure every employee will be recognised for any achievements they reach on behalf of the business.

While it is easy to notice a sales employee who makes a deal or brings in a new client, do not forget about the assistant who puts in that extra effort to keep the office running smoothly. Otherwise, various employees may feel resentment towards management and become unmotivated in their roles. This could lead to poorer performance and work ethic.

Dispute Resolution Process

Even in a small business, it can be easy to overlook an employee complaint. However, this does not foster a fair or even peaceful working environment.

It is important to have a formal procedure in place so that your staff can voice any complaint they may have.

If there isn’t a clear way forward in how to resolve a dispute, employees may find themselves struggling to achieve a fair outcome and have their voices heard.

This way, you can maintain a positive working relationship with your employees and resolve any issues that arise in the workplace before they escalate.

Fair Promotion System

To ensure other staff members do not believe a particular employee is unfairly promoted, provide regular feedback to your team, i.e., monthly or quarterly performance reviews.

Establish clear goals that employees must meet to receive a promotion. This will not only help to avoid any resentment but fuel your employees to take on extra challenges that work towards the success of the business.

This is also a great way to facilitate skill development by encouraging employees to upskill for

Equal Pay

It is essential that your staff is compensated fairly for the time and effort they spend each day in the office. This way you can retain your hardest and most talented workers. If there is too great a discrepancy between what employees who perform the same role are earning, without justification (ie. working different hours/days), employees may voice dissatisfaction.

If you’re someone who often finds it difficult to make large lump sum payments for goods or services, you may want to consider looking into “Buy Now Pay Later” services.

Buy now pay later essentially means that, rather than paying in a full lump sum payment for a product or services rendered, there may be an option to pay through instalments of a certain amount over a set period to make the sum of the full amount in total. This method should allow you to pay in full for the product or service without overly straining your finances – you pay back what you can, as agreed upon when you begin the buy now pay later service.

Some popular buy now pay later services include Afterpay, Zip Pay, Brightepay, and some credit card networks such as  Mastercard and Visa, can offer buy now pay later arrangements.

Though it can be a convenient, immediate solution, it may be challenging to juggle the necessary repayments with other financial commitments. It’s not always the most appropriate method for people, and you should bear in mind your situation and ability in paying back the amounts. 

Before you sign up, keep in mind: 

  • It becomes easier to overspend with buy now pay later services, so know your limits on what you can and can’t afford.
  • You will be charged fees and costs to use the service, which can add up to a princely sum in and of itself.
  • Keeping track of your payments can be tricky if you’ve signed up for multiple services.
  • It could affect your loan applications for a car or mortgage as lenders consider buy now pay later spending just as much as your credit score.
  • Late repayments can appear on your credit report, which affects your ability to borrow money in the future.
  • Layby can be a cheaper alternative to buy now pay later, with no account-keeping or late fees to consider

If you are someone who could make use of BNPL services, you may wish to:

  • Ensure that when using the BNPL service, you stick to a set limit on what you spend so that you can comfortably pay it back later. 
  • Aim only to have one BNPL account at a time to manage payments through, rather than confuse yourself with multiple payments across different providers.
  • Always budget for bills, loan payments and BNPL payments, and 
  • Rather than use your credit card for payments to your BNPL account, consider linking to your debit account instead.

If you would like assistance in planning your financial future, help in managing your budget or some friendly advice, see us for a chat about what we can do for you.


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John Briggs

Jane Noller has been my accountant for the last 15 plus years. I can testify to Jane’s professionalism and expeditious manner in dealing with the day to day issues that surrounds our business accounting.

John Briggs

Registered Building Certifier

David and Alison Parker

I have been consulting J L Noller and Co. (more specifically Jane) for six years and during this time I have found her to be professional, efficient and easy to discuss all accounting and taxation matters with. Her office team are all polite and friendly also.

David and Alison Parker

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I have used Jane & the team for the last 6 years for all of my business & personal accounting needs. They have always been professional, easy to talk to & available when we have needed assistance.

Carl Gillmore

Carl Gillmore Landscape

John Briggs

Jane Noller has been my accountant for the last 15 plus years. I can testify to Jane’s professionalism and expeditious manner in dealing with the day to day issues that surrounds our business accounting.

John Briggs

Registered Building Certifier