PaidRight的封面图片
PaidRight

PaidRight

软件开发

Sydney,New South Wales 3,730 位关注者

Protect your organisation from wage underpayments using technology with PaidRight.

关于我们

PaidRight is a payroll compliance platform designed for Australian organisations to review their payroll for their entire workforce, quickly and effectively. Our platform includes three core products: a Payroll Risk Assessment, a Wage Remediation solution, and an ongoing payroll compliance monitoring platform called PayPrecision. Payroll in Australia is complex. PaidRight provides proactive oversight by verifying every shift for each employee, swiftly identifying errors to help you avoid costly mistakes and ensure accurate pay at every pay-run. Initially established as a collaborative venture with CSIROs Data 61 back in 2017, PaidRight spun out into its own independent entity in July 2020. Since the start our Sydney-based team has been on a mission to restore trust between employees and employers when it comes to pay. paidright.io

网站
https://www.paidright.io/
所属行业
软件开发
规模
11-50 人
总部
Sydney,New South Wales
类型
私人持股
创立
2020

地点

  • 主要

    320 Pitt St

    Level 6

    AU,New South Wales,Sydney

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PaidRight员工

动态

  • PaidRight转发了

    查看David Haines的档案

    Head of Growth - PaidRight

    $350K in underpayments, from shift worker leave records lacking all the necessary data points. ?? Last week, I ran a poll to understand how teams are handling leave for shift workers. Poll responses were mixed, however issues with how leave is being recorded for shiftworkers is an issue repeatedly seen in remediation projects we've worked on. ?? The problem? Leave recorded by day or default times, not actual shift times. ?? The impact? Underpayments, missing shift penalties in leave pay. For example, a worker working their regular overnight shift from Friday to Saturday should get 17.5% extra pay until midnight and 50% extra until 6 AM. Instead, they were paid just the base rate plus 17.5% annual leave loading because the employer used a default 9am-5pm shift when calculating annual leave, missing a 50% Saturday penalty for 6 hours. This specific example was a disability support provider with over 1,000 employees and over a 6 year period this caused a $350k underpayment. If your shift workers earn penalties, record their exact shift times for leave, never default hours. #Payroll #PayrollCompliance #WageCompliance #PaidRight

  • 查看PaidRight的组织主页

    3,730 位关注者

    At PaidRight, we use a 5-Pillar Framework to help organisations stay compliant and minimise underpayment and overpayment risk: ??? Getting classifications and entitlements right. ?? Meeting Fair Work standards with solid record-keeping. ? Ensuring payroll data is accurate and up-to-date. ?? Ensuring consistent and defendable interpretation decisions are rock-solid. ?? Making sure payroll systems reflect correct interpretations. By aligning your payroll compliance controls with a structured framework like this, you can promote compliance, reduce risk, and create a more robust payroll process. #PayrollCompliance #RiskManagement #FairWork #PaidRight #Payroll

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  • PaidRight转发了

    查看David Haines的档案

    Head of Growth - PaidRight

    High-quality payroll records could save you hundreds of thousands of dollars. ???? More and more, we're having to transform unstructured payroll data in the form of PDFs and spreadsheets into clean, structured data, speeding up remediation projects. If you get to the point and you have to do a wage remediation project, messy payroll records slow you down, costing time and money. If Fair Work investigates, disorganised timesheets make proving accurate pay a nightmare. Bad payroll data means higher costs, more errors, and bigger headaches. So how do you avoid this and have your payroll records in a high-quality structure? ? Use structured, audit-friendly payroll systems. ? Make historical pay easy to review. ? Set up regular checks to meet Fair Work payroll record standards. ? Audit your data regularly to keep records accurate. Having good quality records is not just about compliance, it makes everything easier, faster, and less expensive when things need to reviewed or fixed. #PayrollCompliance #DataQuality #FairWork #PaidRight #Payroll

  • 查看PaidRight的组织主页

    3,730 位关注者

    ?? Welcome to PaidRight, Patrick St Clair! Patrick brings eight years of experience in tech sales (HR Tech/RecTech). Originally from the UK, he’s called Australia home for the past 10 years and now lives in Cremorne with his wife, Lily. Outside of work, he’s a big Crystal Palace fan, an enthusiastic golfer ?, a foodie always on the hunt for great eats, and enjoys the occasional Guinness. ?? Great to have you on board, Patrick! #PaidRight

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  • 查看PaidRight的组织主页

    3,730 位关注者

    The SCHADS Award is one of the more complex awards, with 26 pay rules influencing how employees are paid. ???? This infographic with Effective HR breaks down just how intricate it is, and why organisations need a clear interpretation and a rock-solid process for capturing accurate payroll data. ? Navigating this complexity isn’t easy. The right tools, expertise and processes make all the difference in getting it right. #PayrollCompliance #SCHADSAward #GettingPayRight #PaidRight #EffectiveHR

  • PaidRight转发了

    查看David Haines的档案

    Head of Growth - PaidRight

    ?? A $1 million variance in overtime payments for 5,000+ employees over just six months, due to just one overtime clause! One of the biggest contributors to unintentional underpayments is how a system is configured to calculate pay. For an organisation to pay their people correctly - the configuration of how pay is calculated in their systems must be aligned to their defendable interpretation. Where businesses come unstuck is where their systems calculate pay - differently to how they have stated it should be calculated. This has led to a number of the large underpayments we have seen over the last 8 years and in PaidRights experience, the most common misalignment comes from complex overtime rules. Regular Sunday workers under the General Retail Industry Award often pose compliance challenges. Complex award clauses spanning multiple pay periods frequently lead to errors. One retailer assumed their system correctly applied the Regular Sunday clause, but their time and attendance system didn’t align with the business’s interpretation. As a result this specific business had a $1 million in variance in just 6 months. So how can you prevent errors like this occurring? ??Regularly review system configurations to ensure alignment with legal requirements. ??Don’t assume systems “just work”, compliance needs continuous oversight. Configuration is not a set and forget approach. ??Use external payroll audits and compliance tools to verify accuracy. Defining a clear, defensible interpretation is essential, but true compliance comes from ensuring your systems align with it. #PayrollCompliance #Payroll #PayrollAutomation #FairWorkCompliance

  • PaidRight转发了

    查看David Haines的档案

    Head of Growth - PaidRight

    The complexity of the SCHADS Award is a data challenge, not an interpretation issue. ?????? The SCHADS Award is widely seen as one of the most complex in payroll, but PaidRight’s view has always been that the real issue lies in data collection, not the award itself. Many organisations do struggle with intricate pay rules, which is common across many awards. What adds complexity to SCHADS is the dynamic, 24-hour shift patterns, requiring even more detailed payroll records to be collected. The real challenge is accurately capturing and managing employee worked hours and details. Without complete and reliable data, proving that employees have been paid correctly becomes extremely difficult. In saying this, I believe larger organisations have shifted towards more stringent data review processes within their pay run. I have seen several large organisations paying under SCHADS build impressive manual checks to ensure they have all the necessary data. Despite the impressive approach there are a couple of issues with it: ? Manually reviewing thousands of timesheets in a tight payroll window. ? Manual processes lead to manual handling errors. ? No time to double-check fixes before processing pay. ? Disconnected checks across teams and spreadsheets, with no central view. Rather than seeing complex awards as an obstacle, organisations should focus on improving data management. With better tracking and reporting tools, payroll compliance becomes far more manageable. #SCHADS #PaidRight #PayrollCompliance

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PaidRight 共 2 轮

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