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First week payments
Did you know that there’s a way to save money without having to change anything? No system changes, no staffing changes, no address, phone number or equipment changes.
I am absolutely dead set serious - and I’m about to give you something for free. No strings attached – and something you can do in about 5 minutes.
When you get your next invoice, look for the line that says “1st week payments to injured employees or multiple employer earnings adjustment”. Take note of the first part of that sentence – “1st week payments to injured employees”.
If you’ve had employees injured on the job and there’s been a workplace injury lodged with ACC (you can confirm this via your MyACC for Business) and you’ve paid out the first week wages while they’re off injured (this is a part week or full week), you can claim some of this back from ACC. I’m not kidding.
The larger employers have known about this for years – ACC actually approaches them to ask for the first week payments. Smaller employers (5-20 employees) were left to fend for themselves and pay the full invoice.
All you need to do, is email ACC (business@acc.co.nz) and ask them to adjust your invoice. Tell them the first week wages paid were $xxx. A portion of this will either be credited back to your account, or deducted from your invoice owing.
Honestly the money / adjustment is not big, but why pay more than you need to??
