Underpayment of Employee Wages and Entitlements – Are you at Risk?
Allan Hall HR, our specialist HR consultants at Allan Hall Business Advisors ran a FREE breakfast seminar, to provide you with information and tools to identify any issues of underpayment of your employees and manage potential risks.
Earlier this year, George Calombaris and the MAdE Group were investigated and prosecuted by the Fair Work Ombudsman for underpayment of employee wages and entitlements. More recently, Woolworths has admitted to inadvertently underpaying 5,700 employees by up to $300 million, over a 10 year period. Woolworths however, is just the latest big name employer caught up in an underpayment of wages scandal.Whilst this might seem foreign to you, it’s critical to understand that any business, no matter the industry or business size, is at risk of underpaying their employees if they do not understand and comply with their obligations. The Fair Work Ombudsman has called on all employers, regardless of their industry or size, to review their payroll practices on an ongoing basis to ensure they are correctly set up and compliant. It is becoming increasingly critical that you ensure your business is compliant with all your award and legislative obligations. This will ensure your business avoids costly liabilities or negative publicity as a result of an employee claim or an ATO, Work Cover or Fair Work audit.
THE SEMINAR FOCUSED ON THE FOLLOWING KEY AREAS:
- How to identify minimum wages and entitlements
- How you can ensure you are paying employees correctly and minimise risks
- The risks and consequences of underpaying staff
- How to access support and assistance
- The Fair Work Act 2009, including the National Employment Standards
- Applicable modern awards and/or other relevant instruments