Classifying an employee under the wrong award or at the wrong level, not accounting for meal breaks correctly, omitting to pay a penalty rate or not providing the correct allowance are all regular errors that occur in Australian payrolls every week. Whilst honest mistakes would likely result in a bit of backpay, this new legislation is targeting deliberate underpayment and declaring it a criminal offence. In this article we explore the basis of the Government criminalisation of wages theft and as a business what you can do to better protect yourself.
Turning a profit will be high on your list of goals as a business owner. And if you want to generate the best margins, that means keeping an eye on the money that’s going out of the business, as well as what’s coming