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Terms

Visa (457)

Visa (457)

Definition

A type of visa an employee is on when an employer sponsors their application and allows them to work temporarily in Australia.
Voluntary administration

Voluntary administration

Definition

When an administrator is appointed to investigate the company’s affairs and recommend whether it should come under administration, wind up or go back to normal operation. This is a process started by a company having financial problems.
Voluntary emergency management activity

Voluntary emergency management activity

Definition

A voluntary activity that relates to dealing with an emergency or natural disaster that is run by an emergency management body. Other known term: emergency management activity.
Voluntary redundancy

Voluntary redundancy

Definition

When redundancy is offered by an employer and is voluntarily accepted by an employee.
Vulnerable workers

Vulnerable workers

Definition

People who belong to a group which may have a greater risk of vulnerability in understanding and receiving their workplace rights and entitlements.