Payroll & Award Compliance
Salary, BOOT, Award Wage, Shift/ Penalty Rates, Employee Masterfile, Roster, Timesheet, Employer, Annual Leave, Time In Lieu, Base Rate, Superannuation Guarantee Levy, Sick Leave, Industrial Award, PAYG, Overtime, Fair Work Commission, Enterprise Agreements, National Employment Standards
Payroll, BOOT, Award Wage, Shift/Penalty Rates, Employee Masterfile, Recruitment, Time Recording, Leave, PAYG, Industrial Award, Enterprise Agreements
Are you at risk of underpaying your employees and breaching Award requirements?
In recent times, underpayment of employee wages or employers not meeting the required employment terms and conditions has made front page news, resulting in penalties and reputational damage to some of Australia’s largest corporations. The Federal government has established a Senate inquiry to further highlight poor payment practices. Consequently, non-compliance with regulated Awards has become a higher risk for organisations.
Breaches of award conditions can attract substantial civil penalties (up to $630,000 for serious contraventions of the Fair Work Act), in addition to brand destruction.
Having aided numerous businesses assess their payroll systems control frameworks, JNW offers intelligence and knowledge on employee time recording, payroll systems, key award compliance requirements and how you can prove conformity with the annualised wage provisions and the “Better Off Overall Test” (BOOT).
Our Payroll Controls Solutions are risk focused and designed to:
Employees are your greatest asset. Their wages are typically one of the largest expenses for most organisations. JNW can help you establish effective and efficient frameworks for managing payroll risks.
Specific Payroll Controls & Award Compliance services include:
Payroll Framework HealthCheck
- Diagnostic against better practices, process efficiencies and regulatory requirements
Payroll Payment Compliance Audits
- Assessment of payment compliance against employment letters, awards and better practices
Payroll & Award Compliance HealthChecker
Examples of who we work with and our broad payroll and award compliance experiences:
Ridley Corporation Ltd (ASX Listed agricultural company)
- Assessment of payroll payments compliance with award pay rates including payrates, any special overtime/shift rates, allowances, gross pay calculations, superannuation and Better Off Overall Test (BOOT) assessment methodology
- Conducted a review of overtime allocation. This included analytics on overtime paid, analysis of staff rostering and the time recording system
Badminton Australia
- Completed an environmental scan of select financial controls including payroll procedures, pay approvals, Pay-To-Pay Variation Reports, Employee Details Audit Report and bank payment extract reconciliation.
Kilcoy Global Foods
- For this billion dollar privately owned global business, for the Australian sites, reviewed processing procedures, from employee contract, employee time recording into the Kronos time and attendance system, data entry into the Chris21 payroll platform, weekly pay process and pay authorisation. Audit included confirmation compliance with the relevant sites Enterprise Agreement or Award, and evaluating the annual BOOT test.
Fairway Hostel
- Completed a payroll financial controls environmental scan covering culture, payroll policies and procedures, employee time recording, online rostering and pay recording systems, ADP payroll processing and controls over the employee masterfile
WestWaters Hotel & Entertainment Complex
- Reviewed payroll transactions to confirm compliance with award rates and appropriate recording and calcuation of overtime, annual leave, sick leave and Time In Lieu