To launch our new professional education series, AMA (NSW) is holding a two-part training day in Newcastle aimed specifically for doctors in private practice (or those considering a move into private practice).
Presented by industry experts, the day’s sessions will cover:
- Employer Essentials: Contracts and Fair Work Act Compliance (morning session) and
- Business Basics: Private Practice Business Models (afternoon session)
See below for further information about each session and who should attend.
The day will also be capped off by social drinks and participants can register for any combination of sessions (including just the social drinks if you prefer).
Both training sessions are free for members, with discounted pricing for non-members who attend both.
The social drinks are free for all members (and for non-members who attend the training).
A small cover charge is payable by non-members who solely attend the social drinks.
Two or more non-members who register together by contacting Jenni Noble will get half price on the second and subsequent tickets for the social drinks (this deal is not available through standard online sign-up).
Session 1: 9:30am – 12:00pm
Employer Essentials: Contracts and Fair Work Act Compliance
AMA (NSW) Director of Professional Services, Helen Winklemann
Who should attend?
Any doctors who:
- employ staff directly or are involved in staffing decisions for their practice (with or without a practice manager);
- intend to hire new staff or renegotiate any new staff contracts/arrangements soon;
- haven’t reviewed their employees’ contracts for a while (or who don’t have any in place); and/or
- aren’t aware of their compliance obligations under the Fair Work Act and/or Modern Awards.
- Learn about the key risks for practice principals under the Fair Work Act, including personal liability for civil penalties (eg, for sole trader doctors, company directors, key decision makers and anyone else ‘involved in’ breaches of the Act or Awards);
- Identify key strategies for managing those risks, including identifying the key compliance obligations under the Fair Work Act, and assessing whether or how their own practice meets them;
- Learn how to read, understand and comply with the two key Modern Awards that apply to employed practice staff; and
- Review and discuss AMA (NSW)’s newly updated suite of contracts for private practice employees, including:
- how they help protect your practice
- how to access them
- what they say (and why)
- which one to choose (and when)
- how to implement them in a manner appropriate for your practice
- the importance of ongoing review of contracts.
Session 2: 12:30pm – 3:00pm
Business Basics: Private Practice Business Models
Jarrod Bramble from Cutcher & Neale Accounting and Financial Services
Dominique Egan from TressCox Lawyers
Who should attend?
Any doctors who:
- are considering a move into private practice;
- are already in private practice, but aren’t sure if their current business structure is right for them;
- haven’t reviewed their existing business structures or commercial arrangements for a while; and/or
- are considering a change of structure, or are preparing to sell/transfer an existing practice.
- Briefly review/refresh on the key legal concepts and statutes underpinning/affecting private practice business structures
- Review the business models most frequently adopted by private practice doctors and specialists
- Hear insights from Cutcher & Neale about the financial/taxation impacts and opportunities associated with different models
- Learn more from TressCox about the key legal contract and documentation requirements needed to implement each model effectively
- Discuss and consider the pros and cons of different models, and how to manage the key risks associated each of them (this will include a Q&A session, facilitated by Helen Winklemann).
Social Drinks: 3:00pm – 5:00pm
We’d love you to join us for a few drinks in the afternoon, to catch up socially with your colleagues and the presenters.
How better than a bit of informal networking to:
- talk about what’s happening in the profession and the challenges you’re facing?
- share tips and tricks with your colleagues, and learn from their experiences?
- chat through what you’ve learned during the day’s training sessions, and what it means for you?
- give feedback to us about our professional services, and ways we may be able to help in future?
In particular, Helen would love to hear your feedback about initiatives AMA (NSW) could explore to support members further.