Drawing on our experience managing payroll assurance programs for some of Australia's leading institutions, we've developed a robust approach that provides businesses with true visibility and confidence over their payroll compliance.
The complexity of modern awards, enterprise agreements, contractual entitlements and employment legislation creates significant compliance challenges for employers. Further, recent legislative changes have significantly increased the penalties for unintentional underpayments, introduced new criminal offences relating to 'wage theft', and increased personal liability for directors and officers.
In this high-risk and technically complex environment, proactive compliance isn’t just good practice – it’s essential.
A proactive payroll audit delivers clear benefits:
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Early identification of wage, leave and superannuation issues;
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Significant reduction in potential remediation costs;
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Assurance for directors, and senior managers, mitigating personal liability risk;
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Strategic advantage with any future regulatory engagement;
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Enhanced due diligence e.g. for a business sale or acquisition; and
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Identification and prevention of unintentional overpayments and wage leakage.
We understand businesses have varying budgets, risks and workforce arrangements. We work with clients to develop an approach that is scaled and targeted appropriately to meet their needs.
To enhance our clients' payroll compliance, we also provide advice on:
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Ongoing management of wage compliance risks;
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Operational systems and process improvements; and
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Project management for large and complex remediation programs.