Paying your employees correctly isn’t just a matter of having the right intentions – most businesses do! Large, respected businesses, who have invested significant amounts into paying their employees correctly, are continuing to inadvertently underpay their staff. So why is that?
There are several different reasons as to why a business can underpay staff. A common error is placing too much trust in Time and Attendance (T&A) or Payroll systems that may not be adequately equipped to deal with the complexities of their employment awards and agreements.
A lack of education or professional guidance on aspects of payroll and employment compliance are other factors that can cause underpayment of employees. Through our audits, we’ve seen countless examples of employers being unaware of stipulations in their Award or Agreement, or not properly understanding how to apply the said Award or Agreement in certain situations.
Our experienced team of auditors is led by ex-Fair Work Ombudsman Inspector and now General Manager, David Price, with our audit team having collective experience in fields including Human Resources, Business Analytics and Accounting.
Our audit service is conducted to determine payroll compliance and involves detailed consultation with you to determine the key areas of concern. We provide you with a confidential report that details the areas of potential risk so you can address these issues and avoid penalties.
With hundreds of audits conducted in each year, ER Strategies has extensive experience in this field and can provide a tailored wages audit program to suit your business – whether it is conducting desktop payroll audits to determine underpayment issues in a single store, or full in-store audits including interviews with employees across an entire network.
Areas which will be audited as part of this service will include:
-Payslips and wages records
-Rostering
-Pay calculations
-Award and EA compliance
-Visa restrictions
Our audits can also provide reporting on compliance with independent body FRANdata Workplace Transparency Standards.
Sound interesting? If it does, or you want to find out a bit more, just hit the button below, or give us a call on 1300 55 66 37.
Be able to take proactive steps, rather than ending up with your back against the wall. Take our exclusive risk assessment. It will take you no longer than 5 minutes to complete and will flag up potential risk areas. Because you don’t know what you don’t know.