A payroll systems review can help to give you confidence that your organisation is paying workers correctly.
Employers are currently experiencing intense scrutiny of their payroll and wage compliance to ensure that they have not been underpaying wages and workers’ entitlements.
Employers may face compliance issues because of the incorrect or incomplete configuration of their payroll systems to meet industrial relations requirements.
Even small issues in payroll, or in time/attendance recording, when extrapolated over a large workforce over many years, are adding up to significant exposures.
Payroll has long been a challenging compliance area for businesses, given Australia’s complex industrial relations system and other contributing factors such as the significant investment required in technology and resources to stay up to date.
However non-compliance and underpayments can expose organisations to the risk of substantial financial penalties, reputation damage, loss of employee trust and remediation work.
PwC has been a pioneer in partnering with some of Australia’s largest employers across a variety of industries to assist in achieving payroll compliance.
We can review your relevant industrial instruments, sample your payroll data calculations and assess your payroll processes and controls.
We can also provide a wide range of assurance and advice services including legal, internal audit, tax and technology to help you manage any issues of non-compliance and ensure that you are set up for the future.
Partner, Payroll Consulting, PwC Australia
Tel: +61 2 8266 7261
Partner, National Leader, Internal Audit Services, PwC Australia
Tel: +61 3 8603 2180
Partner, Data Assurance, PwC Australia
Tel: +61 2 8266 1382