Wage review

Wage review

Our team helps businesses maintain precision in payroll, protecting Directors from potential personal liability and legal repercussions.

Recently, several high-profile instances of underpayment involving well-known companies have come to light. As a result, they have also led to concerns among potential employees.

We understand the challenges associated with complying with wage regulations for employees and can help you to safeguard your business.

Our team can provide proactive solutions by conducting thorough wage reviews tailored to your needs.

We offer comprehensive wage review services such as:

  • Payroll procedure assessment: Where we delve into your payroll procedures and controls to ensure proper segregation of duties, system and manual controls, and effective onboarding and offboarding processes.
  • Industrial agreement analysis: Our team comes well-versed in the industrial agreement and/or award specific to your employees, ensuring compliance.
  • Employee wage analysis: Our team conducts a detailed review, either on a representative sample or per-employee basis, looking back over a six-year period or further if records permit.
  • Pay rate verification: Our review includes checking pay rates and payroll amounts against the relevant industrial agreement, including confirming the correct allowances, shift payments, and overtime are being paid, where relevant.
  • Superannuation and PAYG accuracy: We confirm the precise calculation of Superannuation Guarantee contributions and the correct withholding of PAYG.
  • Entitlement recalculation: Our services extend to recalculating annual leave and long service leave entitlements.
  • Termination payment review: We can examine termination payments for any anomalies to ensure the correct payment has been made.
  • Underpayment identification: Our team recalculates payments made to employees, identifies any underpayments, and assists with the implications for PAYG Withholding, Superannuation Guarantee payments, and payroll tax.

We assist you in taking a proactive stance in safeguarding your business against payroll compliance issues and ensuring that your employees are remunerated accurately, in accordance with their entitlements under the relevant award or industrial agreement.

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