THE GO AWAY MONEY ECONOMY
HR Nicholls is the first Australian think tank to comprehensively model unfair dismissal claim costs, project future claim volumes, and identify the policy decisions driving the explosion.
We have detailed that the average cost to an employer for every unfair dismissal claim is now $18,200 for the time spent defending, representation and settlement payout.
Employers are already carrying hundreds of millions of dollars in annual costs, and the five-year burden is projected to reach $2.3 billion.
The conclusion from this is unavoidable: Australia’s unfair dismissal system is out of balance because the Albanese Government has made it that way.
It has become too easy to claim, too costly to defend, and too rational to settle.
That is not a fair work system, it is a settlement industry and whereas the Albanese Government promised secure jobs, in effect it has delivered secure litigation.
All while the filing fee remains just $89.70.
