Incolink is the trading name of the Redundancy Payment Central Fund Limited. It is a trustee company established by unions and employers in the Victorian building industry in 1988 to administer industry funds. These funds provide a range of assistance for building, construction, contracting, and metal construction industry workers between jobs.
Incolink is managed by people who understand the commercial building and construction industry.
Our ten-member Board and Advisory Committees are drawn from key industry groups also provides specialist advice and assistance to the Board. Incolink works hard to protect the interests of members. We’re constantly looking for ways to improve our service, so you get the very best from your Fund. Building security into redundancy is our commitment to you.
Incolink manages two approved redundancy funds:
- Fund Number 1 – for Building Construction/Contracting industry workers
- Fund Number 2 – for Metal Construction/Contracting, Engineering Construction/Contracting and Labour Hire Industries
Incolink provides a range of benefits and services, including:
- Redundancy Funds
- Accident and Illness Insurance
- Portable Sick Leave
- Income Protection and Trauma Schemes
- Dedicated Member Services Department
- Emergency Transport Benefits
- Dental Accident Benefits
How Incolink works
Each month, employers make redundancy contribution payments to Incolink on behalf of their employees. The payments are made monthly in arrears and are dependant upon the number of weeks you work on a commercial construction site, during the monthly invoice period. The funds created by these contributions provide redundancy payments and a range of other benefits and services to construction industry workers.
The amount employers contribute for employees is set down in an Industrial Instrument and the Fund Trust Deed.
Incolink manages employer contributions made to the fund on behalf of their employees each week they are on-site to provide a safety net for the employees should they become unemployed. The funds are not subject to either Payroll Tax or the WorkCare Levy. The fund created by these contributions provides redundancy payments and a range of other benefits and services to building industry workers and the broader industry.
A small contribution is made by workers towards an Apprentice Levy, providing eligible former apprentices with a benefit based on their period of apprenticeship (during which no contributions are made on their behalf). In some cases, it also provides assistance for out-of-trade apprentices.
Incolink is available to employers and employees in the Victorian construction industry and the Victorian Metal construction/contracting, engineering construction/contracting and labour hire industries.
Everyone benefits
- Worker members - benefit through the extensive services provided by Incolink, including financial assistance, information and advice on everything from employment to personal problems.
- Employer members - benefit through the range of information, advisory, training and employment services provided.
- Industry - benefits through the important role Incolink plays in industry reform through its special projects and programs.
What Services does Incolink offer?
Incolink's primary function is to make redundancy payments to members who are unemployed construction workers and provide a range of insurance covers. Employer contributions provide each worker with benefits payments should they become unemployed. Some of the other benefits Incolink provides include:
- Free emergency transport benefits
- Free personal accident insurance
- Free dental accident benefits
- Incolink Health Plan
Other Activities
- Provides advice on training issues and training grants
- Sponsor the Building Industry picnics throughout Victoria
- Assisting the Island Work, Education and Training Unit of Collingwood Secondary College (which provides a full-time building industry program for young people who are at risk)
- Supports the Building Industry Disputes Board
- Supports the drug and alcohol rehabilitation program for members at Vaucluse Hospital
