Navigating rate changes for payroll accuracy and compliance

In this webinar learn about how rates are applied and look at different classifications, levels, age and tenure. How to calculate changes in rates and work around these challenges to ensure timesheet and roster optimisation.

ONLINE
6th Oct 2023

Summary

This webinar will cover:

  • What the National Minimum Wage and modern award minimum wage is
  • How and when minimum wages change
  • How to find what minimum rates applies to employees
  • Rate related issues we see at PaidRight, including misclassification of awards, employees and much more.

Key takeaways

  • Insights into rate contributions - base rates, overtime, penalties, leave loading that will contribute to an employee's total compensation
  • Blended rates complexities - how to calculate them and should you set is as per FW recommendations
  • Accuracy and compliance - how do you know if you're getting it right, how to tackle changes in employment including changes to age, tenure and leave entitlements

Speakers

Duncan Stone
Chief Executive Officer
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Nicole Monteiro
Legal Interpretation Manager
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Duncan Stone

Chief Executive Officer - PaidRight
Duncan has a Masters in Business Decision Sciences and is a former Director of Innovation & Disruption and Economics & Policy Practices at PwC. At PwC Duncan built the joint venture between CSIRO Data 61 and PwC and has been CEO of PaidRight since it was established as an independent company in 2020.

Nicole Monteiro

Legal Interpretation Manager - PaidRight
Nicole previously worked in state government with extensive experience in analysing, interpreting, applying legislation and translating it into maths. She has reviewed and translated over 50 Awards and EAs at PaidRight, removing ambiguities and simplifying the complexities that surround interpretation for our pay modelling team.