Manage payroll complexity and risk

Australia’s employer obligations and industrial relations environment is one of the most challenging in the world, with constant changes in superannuation, tax, and award interpretation.

Organisations face challenges in staying up-to-date on changes, and proactively redeveloping processes and systems to ensure correct employee pay.

The Fair Work Act 2009, together with more than 120 Modern Awards, mandate industry and role specific minimum pay, penalty, overtime and shift rates, as well as a myriad of allowances, break requirements, rostering obligations and leave accrual rules. All of which a compliant organisation needs to understand and correctly apply.

Given the complexity, mistakes can easily be made. In addition to an ever-increasing focus on compliance activity by the Fair Work Ombudsman and the Australian Taxation Office (ATO), and increased press attention, in some states there are now ‘wage theft’ laws enacted and ready to be enforced.

How BDO can help

BDO’s specialists understand the challenges that Australia’s industrial relations landscape and employment tax environment presents to employers. Our multi-disciplinary Payroll Advisory team can help you navigate these complexities and manage your risks efficiently.

Common questions and complexities we assist in navigating include:

Has our organisation correctly paid staff?
Have we satisfied our statutory tax and superannuation obligations?
We have identified a payroll discrepancy – what do we do?
Are there gaps in our payroll process? Have we addressed the risks?
Is our payroll system set up correctly?
Are there complex payroll issues in our organisation that require expert assistance?

Our Payroll Advisory practice is made up of tax, risk and payroll operations professionals, supported by our broader accounting, forensic and technology advisory teams, in order to provide bespoke end-to-end payroll advisory solutions to our clients.

Manage payroll complexity and risk

How BDO can help

Meet our team