With the recent ruling by the Federal Court stating that casuals be entitled to annual leave and sick days, I would like to put forward an idea that I have had for many years regarding having a long service leave scheme.
As a casual employee or someone who changes jobs every few years, there is currently no chance they would ever get long service leave. If however there was a scheme that collected the long service leave from the employer similar to superannuation then every working person would eventually have accumulated a buffer of paid leave regardless of having changed jobs every few years.
Having a long service saving scheme would be to everyone’s benefit, not just the person. The money’s from the long service leave fund could be used to build infrastructure projects to benefit Australia. The obvious benifit is to provide a person with a chance for a paid holiday but also as a buffer of paid leave if they were to get sick but did not have any sick leave accumulated. Also, the paid leave could possibly be made available in times of hardship.
One negative is that it could cost around $20 a week (0.2%) if the employee was earning $50,000 a year. The money does not disappear though like insurance payments and is sitting in a fund for them in the future. I think the benefits of having an accumulating long service scheme is worth some thought.