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Is Annual Leave Loading Payable on Termination?

When deciding on the termination of an employee, you need to apply procedural fairness and maintain their necessary track records to streamline the decision-making process. Once you have reached a fair decision, it's time to work on your employee's final pay. Now, most employers will get confused and often wonder - do I need to pay the terminating employee annual leave loading? 

In: Payroll

A Complete Guide To the Australian Minimum Wage for Employers in 2021

Over the last few years, there has been an increasing number of cases related to wage underpayments in Australia. Several businesses were highlighted with regards to wage underpayment and were asked to pay penalties. Consequently, Fair Work Australia committed to putting their efforts into removing such practices.

In this article, you will understand what is the average hourly wage in Australia.

In: Payroll

8 Reasons to Outsource your Payroll

Operating a modern-day business is becoming more and more complicated. The tax-man wants more visibility on who, what, where and when your business pays your employees and contractors, resulting in a myriad of complications in relation to your payroll process. However, by considering payroll outsourcing, businesses can focus on their core competencies and let the experts handle these new complexities and compliance issues.

Let's first understand the following...

In: Payroll

New Employee Form: Record New Employee Details Easily (PDF Template)

One of the most important items in your new employee checklist should be process of recording your new employees information. This article will provide you with a guide that contains all the details relating to new employee information forms.

In: Payroll

How to Streamline Your Business with an Workforce Management System?

Have 101 tasks to do every day? If you’re running a small-to-medium-sized business, chances are you have limited in-house staff to help support payroll, rostering, staff management, and make sure you stay Fair Work and ATO compliant.

In: Payroll

Single Touch Payroll: Changes From 1 July 2021

 

 

Australian Taxation Office (ATO) has confirmed that from 1 July 2021, all small employers will have to register for Single Touch Payroll (STP). This published fact sheet contains all the necessary details and information related to single touch payroll for employees.

In: Payroll

Which Payroll Software Is Best For Aussie Small Businesses?

Choosing the best payroll software in Australia is not just about price. It is about finding a system that handles compliance, reduces admin, and fits how your business actually operates.

For some businesses, payroll sits inside accounting software. For others, payroll is part of a broader workforce system that includes rostering, timesheets, leave, and HR.

In: Payroll