In the complex landscape of payroll management, cutting corners on compliance might seem like a viable option to reduce operational costs. However, this approach can lead to substantial financial penalties, damage to your organisation’s reputation, and a loss of employee trust that far outweighs any short-term savings. The integration of technology in payroll processes has […]
READ MOREIn case you missed it – Changes from December 2023
The Federal Government introduced several employment law changes last year, with varying commencement dates. Employers should be particularly mindful of the changes which commenced from December 2023 and the impacts they will have on the workplace as we settle into the new year. Closing Loopholes Workplace Law recently reported on the Federal Government passing the […]
READ MOREAustralia Post to remediate $5.6-million payment after payroll error
Australia Post has taken responsibility for a significant payroll error that has affected over 3,000 of its workforce, spanning a period from 2014 to 2023. The mistake, which came to light following a detailed compliance review, involves a total remediation amount of $5.6 million. This figure not only aims to cover the missed wages but […]
READ MORERippling launches in Australia
Rippling, a US workforce management company, has announced the opening of its regional headquarters in Sydney. The move by Rippling could signify a turning point, where automation and a unified approach are not just luxuries but necessities for companies seeking to remain competitive and compliant. Tracy Angwin, director of Australian Payroll Association has repeatedly highlighted […]
READ MORECBA fined $10.3m for wage theft
In a notable development for the finance industry, the Commonwealth Bank of Australia (CBA) has faced hefty fines for long-standing wage discrepancies involving thousands of its staff members. The Federal Court has penalized the bank due to admissions that senior managers had been aware since 2010 that workers were being underpaid, yet the bank failed […]
READ MOREDrewmaster Faces Repercussions Following Wrongful Dismissal Case
Drewmaster, a prominent company in the manufacturing sector, is embroiled in a significant legal issue after a wrongful dismissal case brought against it by a former employee. The case highlights broader concerns regarding employment practices and the treatment of workers within the industry. The former employee, whose identity has been kept confidential, alleged that they […]
READ MOREOptus Retail signs Enforceable Undertaking
Optus is set to reimburse over $7.8 million to rectify underpayments for its retail workforce across Australia, following an agreement with the Fair Work Ombudsman. This compensation will be disbursed by Optus Retailco, which oversees Optus stores nationwide and operates as a subsidiary of telecommunications giant Singtel Optus. The initiative stems from Optus voluntarily disclosing […]
READ MOREFrequently asked payroll questions
Here’s a couple of FAQs that we have had a lot on our payroll helpdesk recently. Q: If an employee terminates and does not give notice, can I deduct the amount from the employees’ wages? A: It will depend on the employee’s award or agreement. Many Awards say that in certain circumstances an employer can […]
READ MOREFinal person sentenced over Operation Elbrus tax fraud
A Sutherland man has been jailed by the Supreme Court of NSW for his role in a $105 million tax fraud, becoming the final person to be sentenced under Operation Elbrus. The man was sentenced yesterday (Thursday, 1 February, 2024) to four and a half years’ jail, with a non-parole period of two years and […]
READ MOREFWO urges compliance with Closing Loopholes law changes
Employers and employees should educate themselves on the new Closing Loopholes workplace laws and make sure they are compliant, the Fair Work Ombudsman said. Fair Work Ombudsman Anna Booth said there were important changes to the Fair Work Act that have been made or will be made by the laws, including the creation of a […]
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