by Keryn | Jun 5, 2023 | Payroll Audits, Payroll Best Practice, Payroll Compliance, Payroll Team, Rules and Regulations
In the fast-paced world of business, staying ahead requires astute decision-making and a keen eye for potential risks. While managing your employee’s payroll is crucial, an often-overlooked danger lies in hoarding outdated payroll records beyond an employee’s...
by Keryn | Apr 24, 2023 | Overpayments, Payroll Audits, Payroll Best Practice, Payroll Compliance, Rules and Regulations, Underpayments
There’s no denying that inaccurate staff payments can be a significant expense for businesses. But, what’s the actual cost? In some cases, the cost can be significant. For example, in 2019, Target Australia had to pay over AUD 9 million in back payments to...
by Keryn | Apr 17, 2023 | Payroll Audits, Payroll Best Practice, Payroll Compliance, Payroll Team, Rules and Regulations
Payroll management can be a challenging task, especially for organisations with a large and complex workforce. It is essential to ensure that your employees are paid accurately and on time, as errors can result in financial losses, damage to your reputation, and legal...
by Keryn | Mar 28, 2023 | Payroll Audits, Payroll Best Practice, Payroll Team
As businesses rely more and more on technology to handle their payroll processing, the risk of payroll fraud has become a significant concern. Payroll fraud can take many forms, from employees submitting false timesheets to stealing company funds or engaging in...
by Keryn | Mar 20, 2023 | Payroll Audits, Payroll Best Practice, Payroll Compliance, Payroll Process, Payroll Projects, Payroll Team
The Queensland Health (QH) payroll department have been making headlines once again as staff have been found to be both overpaid and underpaid due to a payroll error. The state government has admitted the mistake, which has resulted in thousands of employees being...
by Keryn | Sep 22, 2022 | Payroll Audits, Payroll Best Practice, Payroll Compliance, Underpayments
The underpayment – or indeed any kind of incorrect payment – of employees is a shockingly common issue in all industries, and it can cause big problems for employees and employers alike. Underpayment in Australia was five times more common in 2021 than it was in 2017,...
