Abstract
As a result of changes to the Australian industrial relations framework, long service leave benefits are under review. State and Commonwealth governments are working towards the
development of a new national standard for long service leave (LSL). It is, therefore, timely to re-examine the purpose of LSL. How do people use their LSL benefits? What are the main benefits of LSL for employers, employees, and the community as a whole? This paper provides a historical overview of developments, as well as a summary of current trends, and discusses some proposals for improved vesting and portability of benefits.
| Original language | English |
|---|---|
| Pages (from-to) | 5-22 |
| Number of pages | 18 |
| Journal | Australian journal of actuarial practice |
| Volume | 3 |
| Publication status | Published - 2015 |
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