Wage review

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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.

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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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