Did you know? Fair Work has recently published that in their 2023-24 annual report the government has recovered the largest penalties in its 15-year history of $473 million and a total of $1.5 billion since 2020. The burning question that we have is: If everyone has a payroll system, why is this happening? Read on to find out more on how payroll remediation can be avoided with us: https://lnkd.in/gy_kBiH6 Workstem is a cloud-based, all-in-one payroll and HR software that helps businesses increase payroll calculation efficiency & accuracy while being fully compliant to Fair Work. Follow us to have more payroll and HR related updates! #payrollsoftware #payrollcompliance #backpay #payrollremediation #hr #humanresource
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Have you ever wondered why there are $1.5 billion in penalty fines, even with numerous systems in place—like onboarding, time and attendance, and payroll systems? Should we really consider adding yet another award interpretation system? It seems like more systems would lead to better efficiency, but maybe we should focus on keeping things simple to make our lives easier. The reality is that while we have many systems, they often function in isolation. We need a way for them to communicate seamlessly, with no errors during data transfer, minimal maintenance, and consistent rules. Fair work shouldn’t lead to fluctuating rates, yet it often does. It feels impossible—so how can we ensure accurate payroll when there are too many cooks in the kitchen? A unified system for compliance is the way forward. We must adapt to the fast-changing environment to survive and thrive. Does such a system even exist? I encourage you to explore Workstem - https://lnkd.in/gjcfhgAn. This is my vision, and I believe we can bring meaningful change to the market to help you.
Did you know? Fair Work has recently published that in their 2023-24 annual report the government has recovered the largest penalties in its 15-year history of $473 million and a total of $1.5 billion since 2020. The burning question that we have is: If everyone has a payroll system, why is this happening? Read on to find out more on how payroll remediation can be avoided with us: https://lnkd.in/gy_kBiH6 Workstem is a cloud-based, all-in-one payroll and HR software that helps businesses increase payroll calculation efficiency & accuracy while being fully compliant to Fair Work. Follow us to have more payroll and HR related updates! #payrollsoftware #payrollcompliance #backpay #payrollremediation #hr #humanresource
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Why is streamlining payroll a good idea? 💫 Outsourcing payroll can significantly streamline business processes by transferring complex and time-consuming tasks to specialized providers. This allows businesses to focus on core activities, while experts handle payroll with greater efficiency and compliance. Additionally, outsourcing can lead to cost savings and reduce the risk of errors associated with in-house payroll management. With the ever-changing landscape of tax regulations and employment laws, having a dedicated team ensures that a business remains compliant and up-to-date with the latest requirements. Talk to me today if you want to know more. 🤗 #HR #HRcommunity #Payroll
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Payroll errors can cost you time and money. A study by Ernst and Young has revealed that each payroll error can cost companies $291, on average. That comes up to $4,365 every time you run payroll. These errors are not only expensive, they can also cause delays in payments and ultimately affect employee morale. 2GrowHR is here to make payroll management hassle-free. Contact us today for a demo! https://lnkd.in/getxWMkG #payrollstatistics #payrollmanagement #payrollsoftware #HRMS #Pharma #pharmasoftware #HRSoftware #2growhr
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Payroll Challenges - How Troublesome Are They to You? Let’s talk about it! Payroll can be one of the most complex and time-consuming processes in any organization, but it doesn’t have to be. Whether it’s collating inputs, processing, or managing employee queries post-process, we’re here to provide quick and reliable solutions. Share your challenges with us, and together, we can make the payroll process smoother and more efficient for everyone. #PayrollChallenges #HR #PayrollSolutions #Efficiency #EmployeeExperience #BusinessProcess #HRTech #tanqaa
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Hello LinkedIn community, As the year draws to a close, it's vital to assess your current payroll vendor. Are you seeking a partner that excels in accuracy and efficiency? Consider collaborating with ADP. ADP offers cutting-edge technology and unwavering support to meet all your payroll, benefits, and human resource requirements. Make 2025 the year your organization partners with the best to enhance talent retention and attraction. #Payroll #ADP #HumanResources #BusinessPartnership
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Gig workers are on the rise, but managing their payroll can be a nightmare. 😬 Traditional payroll systems struggle to keep pace with this shift, leaving HR professionals scrambling to manage a growing independent workforce. ➡️ Swipe to see how you can transform your payroll to meet the needs of your dynamic workforce – from paychecks to taxes, all in one place. 🚀 Simplify payroll for multiple employment types, automate tasks, and stay compliant! ✨ Get Started Today https://lnkd.in/gJn5meyK #GigEconomy #Payroll #Compensation #Compliance #HRSingapore #HRMS #HRSoftware #HumanResources #HRTech #QuickHR
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In the fast-paced world of business, managing payroll and human resources efficiently is crucial for maintaining employee satisfaction, ensuring compliance, and driving overall organizational success. For many companies, the complexities of payroll processing and HR management can be overwhelming and time-consuming. This is where partnering with an Employer of Record (EOR) like TPD comes into play, offering numerous advantages that can streamline operations and free up valuable resources. Let's delve into when and why companies should consider using EOR services: https://bit.ly/4bL3Ipj #EmployerOfRecord #EOR #Payroll #WorkforceSolutions #HRManagement
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𝗜𝘀 𝘆𝗼𝘂𝗿 𝗺𝗮𝗻𝗽𝗼𝘄𝗲𝗿 𝗮𝗴𝗲𝗻𝗰𝘆 𝘀𝘁𝗿𝘂𝗴𝗴𝗹𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝘂𝗿𝗻𝗼𝘃𝗲𝗿, 𝗽𝗮𝘆𝗿𝗼𝗹𝗹 𝗲𝗿𝗿𝗼𝗿𝘀, 𝗼𝗿 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲? Our blog highlights how Efficiency and Accuracy are key to overcoming these hurdles. Find out how efficient recruitment, automated payroll systems, and accurate data management can make a difference. Read more here: https://bit.ly/3yXFdYC #ManpowerAgency #ManpowerAgencyPhilippines #ManpowerAgencyHRIS #HRISPhilippines #HRPayrollPhilippines #ERPPhilippines #HRISSolutions #ExistTechServices
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Expanding into new territories comes with complexities around legal regulations and compliance. It goes beyond knowing what you don’t know to not knowing what you don’t know. With an 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗿 𝗼𝗳 𝗥𝗲𝗰𝗼𝗿𝗱, your HR processes are streamlined by our teams with local expertise. No more: ✖️ High set up fees ✖️ High risks associated with capital investment ✖️ Compliance errors ✖️ Payroll roadblocks Instead: ✔️ Start strong from day one, avoid big mistakes later ✔️ Access competitive benefit programs, benchmarked to the market ✔️ Seamless HR and Payroll management ✔️ Stay compliant with complex legislation ✔️ Onboard faster Does it sound nice to you? Get a free consultation with us today, fill in the form here: https://bit.ly/WTSEoR #employerofrecord #eor #hr #payroll #payrollmanagement
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Tackling Payroll Errors! Payroll errors can be one of the most frustrating challenges in HR. They lead to unhappy employees, compliance risks, and unnecessary stress for everyone involved. The solution is in continuous education and advanced payroll systems. Learning to navigate these tools ensures processes are accurate and timely, builds trust with your employees, and reduces costly mistakes. Don’t let payroll be your weak spot. Contact us today: admin@proactivehrc.co.za #howcanwehelpyou #hr #service #callus
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