ARE YOU EXPOSED TO POSSIBLE FINES AND BAD MEDIA COVERAGE THROUGH WAGE THEFT?
Recently you would have seen an increasing incidence of #WageTheft in the media.
Firstly, we witnessed the entire Board of 7 Eleven replaced following the revelation that they had underpaid vulnerable foreign workers back in 2017. We also saw George Calombaris’s Made Establishment eventually go into voluntary administration with over 400 employees losing their jobs, following the news they had underpaid their employees. ($7.83m)
More recently Coles ($20m), Woolworths ($315m) & even the WA Education Department ($4.9m) were all embroiled in controversy surrounding underpayment stories and wage theft accusations.
It’s no wonder that Fair Work Australia (FWA) are making wage theft their number one priority to ensure employees are paid correctly.
If your business employs staff under an un-registered agreement or an expired agreement you fall under the Fair Work Australia safety net. This means you MUST ensure you are paying better than the award your employees would be covered under. If not your registered agreement will already contain an undertaking, which you may not be aware of.
In March this year FWA extended this coverage to all Full-time Salaried Employees under $148,700pa. These rules have even more stringent regulations than your hourly rate wages employees.
Modern Industrial Relations is becoming more and more complex for everyday employers simply trying to do the right thing.
Here at AlphaBiz Solutions we can offer you advice and assistance to ensure you are covered from any possible future action from either a disgruntled employee or directly from Fair Work.
Our in house consultants can assist you with :
- Fair Work Australia & Modern Award rules
- Better Off Overall Tests (BOOT) with automated reports that cover your employees
- Payroll Tax Optimisation with customised reports
- Superannuation Guarantee compliance
- Work Cover reporting
- HR-Payroll reporting