When was the last time your business conducted a wage audit?
In 2020, Queensland criminalised wage theft. Now wage theft can be prosecuted and the maximum penalty is 10 years imprisonment.
Which makes auditing your wages more important than ever.
Wage audits are designed to prevent employers from making mistakes that they could then find themselves accused of wage theft. Picking up these mistakes early on, through audits, can help to avoid costly ongoing mistakes and also give you the peace of mind that your employees are being paid correctly. If you think you’ve underpaid your employees, this article by the Fair Work Ombudsman is a great resource.
Red Cross Wage Theft
Recently, the Red Cross has been ordered to back-pay $25 million to 11,000 employees. This wage theft was attributed to incorrectly classifying workers and their various awards and enterprise agreements. This lead to widespread underpayment.
The Red Cross is committed to paying back the underpaid employees and ensuring that this error does not occur again. They are working on improving their auditing system and doing everything possible to strengthen their compliance.
IRPay is the IRIQ proprietary system that allows our team to audit 6 years of your payroll data to ensure that staff are being paid correctly.
This system will pick up any errors that have been made so that you are able to rectify them before they escalate.
IRPay can help your business with:
- The initial 6-year audit but can complete ongoing checks to ensure you’re completely compliant
- Auditing all scenarios including enterprise agreements, awards and NES
- Providing advice based on our data analytical capability and the legal understanding of what you should be paying
Want a wage audit?
Contact us the employment law specialists via our website or call today to receive assistance from one of our expert employment lawyers.
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